How to fill HDFC NEFT form?

HDFC NEFT is among the most popular and preferred online transfer methods. Customers of the HDFC Bank can avail of this facility and transfer funds as and when required without much hassle. 

However, only those customers who have registered for net banking or mobile banking  service with the bank can access HDFC NEFT services online. The NEFT service is also available offline, but in that case, individuals have to visit the nearest branch in person and fill up the HDFC NEFT form or download the form PDF online from the bank’s official website and submit the duly filled form at the branch. 

That said, let us find out more about the HDFC NEFT form and how to fill it out. 

How to fill up an HDFC NEFT Form?

An NEFT form can be availed at any HDFC bank you wish to transact at. However, if you don’t want to visit a bank branch in person, you can download a PDF NEFT form from the bank’s website or other portals that offer access to fillable forms, which you can fill out online and take a printout. 

That said, you will need to provide these detail when filling your HDFC NEFT form:

• The name of the beneficiary
• Beneficiary’s account number
• IFSC code of the beneficiary’s bank branch
• Name of the remitter
• Contact details of the remitter
• Account information of the remitter

After filling in the required details one can submit the HDFC NEFT form at the bank branch. Subsequently, the transaction will be made by HDFC bank online to transfer money into a beneficiary’s account. 

To initiate the same, you would be required to submit the following:

• A cancelled cheque featuring account number
• The IFSC code along with NEFT mandate
• A copy of the latest statement or bank passbook in case of non- personalized cheque
• The 16-digit account number of the beneficiary
• The Payee name

Besides knowing the requirements of NEFT transfer, it is recommended to find the process behind the transfer. By doing that, one would be able to carry out the same without any doubt and ensure smooth processing.

Steps to Transfer Funds via NEFT from HDFC Bank to others

Follow these steps to transfer your funds via HDFC NEFT –

• Step1: Login to HDFC net banking portal 
• Step 2: Use your user ID and password to sign in
• Step 3: Select the ‘Fund Transfer’ button
• Step 4: Select ‘Add Beneficiary’ option 
• Step 5: Enter the type of beneficiary
• Step 6: Select the ‘Transfer to other bank’ button
• Step 7: Enter the details of the payee such as name, account number, bank name, IFSC code, and branch name
• Step 8: Confirm the beneficiary details
• Step 9: Click on the ‘Confirm’ button

Once these steps are followed, the customer will get a confirmation message on their registered mobile number

Know that we have discussed the process of transfer, let us check other key components of NEFT transfer via HDFC bank and more. 

HDFC NEFT Timings

HDFC NEFT can be initiated both online and offline, and the timing of the same varies as per the chosen method. 

Online HDFC NEFT timings

The NEFT facility is available 24*7,  all year round. The initiated settlement to the chosen beneficiary will be carried out as per scheduled RBI batches. 

Offline HDFC NEFT timings

The timing of the NEFT via HDFC Bank branch is carried out during working hours. However, the timing of operations tends to vary across bank branches. This is why it is important to determine the branch working hours and plan your HDFC NEFT timings accordingly.

Features and Benefits of Transferring Money via NEFT Service

These features and associated benefits make the NEFT facility of HDFC Bank one of the most preferred means to transfer funds 

• • Convenient: When funds are transferred online via the NEFT facility, the money typically gets credited within 30 minutes
  • Simple and hassle-free: One can easily opt for NEFT transfer via HDFC Bank’s Net Banking or Mobile Banking app services 
  • Secure transaction: HDFC NEFT facility involves multi-step verification. This ensures safe transactions and eliminates privacy risks. 

Quick and paperless

The paperless process ensures the transaction is quick and hassle-free. In turn, it helps avoid delays associated with demand drafts and cheques. The lack of paperwork and documentation simplifies the verification process and simplifies the approval process.

Credit card Bills payment

One can also use the HDFC NEFT facility to pay their HDFC debit card or credit card bills. One can also set up an account for recurring payments through NEFT from HDFC Bank. 

Read along to find out how to pay credit card bills via HDFC NEFT. 

How to Pay Credit Card Bill via HDFC NEFT

Here’s how to pay for credit card bills through the HDFC NEFT facility

• Step 1: Login to the HDFC net banking portal
• Step 2: Use user ID and password to sign in to the banking portal
• Step 3: Click on the tab reading ‘Fund transfer’ 
• Step 4: Select ‘Transfer to other bank’ 
• Step 5: Enter credit card number in tye field for account number and enter beneficiary detail and more
• Step 6: Check tur terms and conditions
• Step 7: Click on the ‘Confirm’ tab

However, before opting for this feature one must keep a few things in mind. To begin with, payments to one’s credit card can only be processed using the HDFC NEFT feature. To access the service, HDFC customers must also activate their net banking and third-party fund transfer services. 

Above all, the bank issuing the credit card must be NEFT-enabled only then will it receive funds through this fund transfer method.

Additionally, it is important to find out the IFSC  code of the institution issuing the credit card. 

HDFC NEFT Charges

HDFC Bank has a maximum and minimum NEFT limit of Rupee 1 and Rs. 10 lahks via net banking facility. However, the facility is not free of cost, and the bank levies some charges applicable for different transaction amounts

Notably, HDFC Bank also extends NEFT facility to walk-in customers who don’t hav an account with the institution to initiate an NEFT transfer online. However, make sure to find out about the HDFC NEFT facility and associated charges and processes in advance.