If you’re looking to transfer money through HDFC Mobile Banking, the first step is to add the recipient as a payee. Whether it’s an HDFC Bank account or a non-HDFC Bank account, this process ensures secure and seamless transactions. Here’s everything you need to know about adding a payee, followed by a detailed guide.
Why is Adding a Payee Important?
Adding a payee to your account allows you to transfer money safely via NEFT, IMPS, or RTGS. It’s a mandatory step to validate the recipient’s details and ensure there are no errors during transactions. This also speeds up future transfers, making the process hassle-free.
Step-by-Step Process to Add a Payee
Follow these easy steps to add a payee to your HDFC Mobile Banking account:
(1) Login to the App
Launch the HDFC Mobile Banking app and log in using your credentials.
(2) Access the “Money Transfer” Section
Once logged in, tap on the Money Transfer option on the home screen.
(3) Go to “Add/Manage Payees”
Select the Add/Manage Payees option to proceed further.
(4) Select “Add Payee”
Click on Add Payee from the available options.
(5) Choose “Bank Accounts”
Tap on the Bank Accounts option to move ahead.
(6) Pick Payee’s Bank Type
You’ll be prompted to select whether the payee’s account is with HDFC Bank or another bank (Non-HDFC Bank).
(7) Enter Payee Details
Input the following information:
- Payee’s account number
- Payee’s name
- Account type (Savings or Current)
Then, choose the option to find the branch using the address or IFSC code.
(8) Enter the IFSC Code
Provide the IFSC code of the payee’s bank branch and tap on Find.
(9) Verify and Select the Branch
The branch details will appear on the screen. Confirm the information and press Select.
(10) Continue to Confirmation
Tap on the Continue button to review the details.
(11) Confirm Payee Details
Double-check all payee details and hit the Confirm button to proceed.
(12) Enter the OTP
Choose your registered mobile number to receive the OTP (One-Time Password). Enter the OTP received and click on Continue.
(13) Payee Added Successfully
The payee is now registered! Keep in mind that the payee will be in a cooling period for 30 minutes. After this time, you can transfer money using IMPS, NEFT, or RTGS.
Important Tips for Smooth Transactions
- Always ensure the payee’s details are entered correctly to avoid transaction errors.
- Note the cooling period duration (30 minutes) after adding a new payee.
- Save the IFSC code and account details securely for future reference.
Conclusion
Adding a payee on the HDFC Mobile Banking app is quick and easy. By following the steps above, you’ll ensure secure and efficient money transfers. Whether it’s your first time or you’re registering a new recipient, the process is user-friendly and takes only a few minutes.