How can I create my virtual account in HDFC Bank?

Via NetBanking

1. Step1. Login to NetBanking using your NetBanking ID and Password and then go to > Funds Transfer > Request > Add a Beneficiary.
2. Step2. Select the “Transaction Type” from Funds Transfer section in NetBanking and click on the “GO” icon.
3. Step3. Select account, beneficiary and enter the relevant details.
4. Step4.

How do I add beneficiaries to my eCMS?

You have added/modified a beneficiary having an account number to your HDFC Bank NetBanking eCMS Module.

1. System will prompt the user via Confirm option, whether he/she is willing to complete this transaction.
2. Select the Debit/remitting account number/ Account from which payment has to be initiated.

How can I get NEFT virtual account number?

Customer can transfer funds to the virtual account number through NEFT/RTGS/IMPS just like any other bank account number. As soon as when fund hits your account, we notify you on your webhook URL with all the details of the customer who made the payment on your virtual account number.

What is TPT HDFC?

Introducing Flexible Third Party Transfer limits on NetBanking. We are happy to introduce Flexible Limits for Third Party Funds Transfer (TPT) on HDFC Bank NetBanking. Now you have the freedom to set your limit for any amount from Rs 50,000 to Rs 10 lacs by clicking on the ‘Modify TPT Limit’ option.

How do I get a virtual account number?

Click + Create Virtual Account. Select the type of receiver in Methods to accept payments in this account field. By default, both Bank Transfers (NEFT, RTGS, IMPS) and UPI Transfer are enabled. This means that both virtual bank account and UPI ID can be created for the customer.

How do I pay with virtual account?

After the VPA has been linked with a bank account, payment can be made using the ‘Pay with VPA’ option. To pay any person using the VPA, enter the beneficiary’s VPA, amount and remarks and then authorise the transaction to start the fund transfer.

How do I transfer money to my virtual account?

How do I transfer money to a virtual account number?

How does virtual bank account works?

A virtual bank works when a customer, first of all, opens an account with the virtual bank. The customer can submit the form online or simply print it and mail it. To make the deposit, the customer would have to transfer money to the bank electronically or send a check via mail.

Is NEFT free in HDFC?

Private lender HDFC Bank has made online transactions through RTGS and NEFT free of cost, with an aim to promote a digital economy. For NEFT transactions of over Rs 2 lakh, there was a fee of Rs 25. However, any NEFT or RTGS transaction carried out at the bank branch will be payable.

How can I increase my TPT limit in HDFC mobile banking?

Increase TPT limits

1. Click on the Funds Transfer tab, select “Modify TPT Limit” from the Request section, click on “INCREASE”, and chose your desired TPT limit from the drop down menu.
2. Authenticate the transaction with your Debit Card Details + One Time Password (OTP) sent to your registered Mobile number.

How do I use a virtual account?

How does ECMs work in HDFC bank account?

How does eCMS work? HDFC Bank allocates a unique prefix to each corporate. The Virtual Account Number is a combination of HDFC Bank prefix & unique code allocated by the corporates to their customers/dealers.

How is virtual account number allocated in HDFC Bank?

The Virtual Account Number is a combination of HDFC Bank prefix & unique code allocated by the corporates to their customers/dealers. That is: Corporate prefix + Dealer Code, or Corporate prefix + Policy Number. Each of these virtual accounts is mapped to beneficiary’s account.

Can a virtual account be added as a beneficiary of ECMs?

Numeric Virtual Accounts of 13 – 16 digits cannot be added as beneficiary for eCMS. The added beneficiaries can be viewed in the “View Beneficiaries” option. Once the beneficiary is added, no amount can be transferred for the first 30 minutes, and a maximum of Rs. 1 Lac can be transferred in the first 48 hours.

Which is the best way to register with HDFC Bank?

Access Section 1. Online NetBanking Registration 2. Online IPIN (Password) Regeneration Accounts Section (Liabilities) 1. View Account Summary 6. Add a Nominee for Single holding Savings and Current Accounts 2. View Account Balance 7. Sweep-in between Savings and Current Accounts 3. View/ Download Account Statement 8.