How To Add A Beneficiary In HDFC Bank?

Transferring money to friends, family, or relatives is quick and easy with HDFC Bank's Net Banking portal. You can send funds instantly, even if the recipient’s account is with a different bank. However, to ensure smooth and secure transactions, it is essential to first add the recipient as a beneficiary to your account.

This article will guide you through the process of adding a beneficiary to your HDFC Bank account, making money transfers effortless and stress-free. Stay with us as we explain everything you need to know!

How to Add Beneficiary in HDFC Net Banking?

Adding a beneficiary to your HDFC account is simple and takes a few minutes to complete. Here’s how to add a beneficiary in HDFC internet banking:

• Step 1: Visit the Net Banking portal of HDFC Bank and log in with your customer ID and password.
• Step 2: Click on the ‘Funds Transfer’ tab.
• Step 3: On the redirected page, click the ‘Request’ option and then click ‘Add a Beneficiary’.
• Step 4: Click ‘Go’ under the ‘Transfer to Other Banks’ option on the next page. 
• Step 5: The system will ask you to enter all the beneficiary details. Make sure to add all the information, such as the beneficiary's contact and bank account details.
• Step 6: Then click on the ‘Add’ option and confirm the beneficiary details by clicking ‘Confirm’.
• Step 7: Once you submit the details, an OTP will be sent to your registered phone number. 
• Step 8: Enter the OTP to complete the request to add the beneficiary.

After successful authentication and verification of the OTP and other details, HDFC Bank will start processing your request to add a beneficiary to the account. The bank generally takes 30 minutes to approve the request.

How to add Beneficiary in HDFC Bank for Intra Bank Transactions?

Follow the below steps to add a payee in HDFC for transferring money to another HDFC Bank account:

• Step 1: Visit the Net Banking portal of HDFC Bank and log in with your customer ID and password.
• Step 2: Click on the ‘Funds Transfer’ tab.
• Step 3: On the redirected page, click the ‘Request’ option and then click ‘Add a Beneficiary’.
• Step 4: Click ‘Go’ under the ‘Transfer Within the Bank’ option on the next page. 
• Step 5: Add the beneficiary information, such as the beneficiary's contact and bank account details.
• Step 6: Then click on the ‘Add’ option and confirm the beneficiary details by clicking ‘Confirm’.
• Step 7: Once you submit the details, an OTP will be sent to your registered phone number. 
• Step 8: Enter the OTP to complete the request to add the beneficiary.

How to Add Beneficiary in HDFC App?

Here are the steps to add a beneficiary with HDFC Bank’s mobile banking app.

• Step 1: Download the HDFC Bank application on your mobile phone using the Play Store or Apple Store.
• Step 2: Open the app on your phone and log in with your customer ID and password or Quick Access PIN.
• Step 3: Tap on 'Menu' in the top left section.
• Step 4: Tap on ‘Pay’ and then on ‘Money Transfer’
• Step 5: Tap on ‘Add Payee’.
• Step 6: Under ‘Select Transfer Type’, tap on ‘Bank Accounts’ or ‘Indian Credit Cards’.
• Step 7: Under ‘Enter Payee Details’, you will find a ‘Select Account Category’ dropdown.
• Step 8: Choose whether the payee has an HDFC Bank account or a non-HDFC Bank account.
• Step 9: Enter the beneficiary's account details. Click on ‘Continue’ and then ‘Confirm’.
• Step 10: Click on ‘Continue’ and enter the OTP sent to your registered phone number.
• Step 11: Once the OTP authentication is complete, the beneficiary will be added.

How Much Time It Takes to Add Beneficiary in HDFC?

Once you submit a request to add a beneficiary in your HDFC Bank account, the bank typically approves it within 30 minutes. After approval, you can start transferring money to the beneficiary without any delays.

HDFC Bank offers multiple ways to add a beneficiary, including through the Net Banking portal or the mobile banking app, allowing you to choose the method that suits your convenience.

Understanding how to add a beneficiary is crucial for smooth and secure money transfers. After adding the beneficiary, you can send money instantly without worrying about financial fraud, ensuring a seamless and safe transaction experience.

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