You can create a request by logging into HDFC Bank NetBanking, which is accessible 24/7. You can also use it to transfer cash to a beneficiary just by using their mobile number. The beneficiary need not hold a bank account and can withdraw cash instantly without an ATM / Debit ...
in the PULL mechanism, the payer has to approve the request received from the payee. After the approval of the request, the amount is deducted from his account and credited into the beneficiary’s account. Both the payer and payee receive the notification or message after...
Save details of the beneficiary for future transactions Avail a daily transaction limit of ₹40,000 (up to ₹40,000 per transaction) for one bank account. No charges for transactions from ₹1 to ₹100,000. Can be run without the internet (a feature of BHIM 2.0). 24/7 availabilit...
Once the sender initiates the payment, the beneficiary will receive a notification on their screen, and all they'll need to do is tap on 'Accept Payment.' The receiver will be redirected to the Payments Terms and Policy page. They must tap 'Accept and Continue' to proceed. Then tap 'Ver...
Immediate Payment Serviceis a real-time electronic fund transfer method where the money is credited instantly to the payee or beneficiary account. It can be carried out at any time on a 24/7 basis. In this system, interbank transfers can be initiated via multiple channels such as SMS, ATM,...