HDFC Transfer Limit, HDFC Bank Transfer Limit, HDFC Bank Transfer Limit for new beneficiary for IMPS/NEFT/RTGS & etc.
HDFC Bank Internet Banking and Mobile Banking offer free IMPS/NEFT/RTGS method transactions, allowing you to send and receive money in real time, Pay for your purchases using your smartphone, Easily pay electricity and credit card bills.
Through Net Banking and Mobile Banking, adding beneficiaries to an account at HDFC Bank is simple, You need to wait a while after adding the beneficiary before activating it, Additionally, there are some restrictions with relation to the most recent recipient. We shall discuss the HDFC Transfer Limit for new beneficiary other bank transactions in this article.
HDFC Bank Transfer Limit
You can start sending money using IMPS/ NEFT or RTGS once the beneficiary has been activated. However, for a while, the bank imposed a transfer limit in accordance with RBI norms. This cap is implemented to cut down on fraudulent purchases.
With HDFC Bank’s extensive selection of money transfer options, which are practical, secure, and simple to use, you may do all this and more. You can always transfer money while traveling or at home.
HDFC Bank Transfer Limit for new beneficiary
HDFC Bank NEFT Transfer Limit – NEFT transactions can be done between 7:00 a.m. and 7:00 p.m. on RBI working days, with a maximum limit of Rs. 50 lakh.
HDFC Bank IMPS Transfer Limit – IMPS using Account number Maximum limit per transaction – Rs 5 lakhs Maximum amount in a day as per the TPT limits, IMPS using MMID NetBanking and MobileBanking Rs 5000 per day per Cust ID (on either of the channel) Please note: Limit of Rs 5000 applies on transactions from either of the channels but not from both the channels.
HDFC Bank RTGS Transfer Limit – New User you cannot do any transfer within 24 hrs, After Minimum – Rs. 2 Lakh, Maximum – RTGS transaction through Branch – No upper ceiling, RTGS transaction through NetBanking the maximum amount of funds that can be transferred per day is as per customer’s TPT limit (Maximum upto Rs. 50 Lakh)
Can I transfer more than 10 lakh online in HDFC?
According to RBI regulations, there is no maximum or minimum amount that can be transferred with HDFC NEFT. However, customers can use HDFC Internet Banking to send up to Rs. 25 lakhs via HDFC NEFT. Customers must go to the closest bank branch to complete NEFT transactions for transfers that are greater than this amount.
What is the NEFT limit per day for HDFC?
Currently, all NEFT transactions with a maximum limit of Rs. 50 lakh can be completed between 7:00 a.m. and 7:00 p.m. on RBI business days.
Which is cheaper RTGS or NEFT?
Therefore, RTGS is preferable if you wish to transfer big sums of money in real time, whereas NEFT is preferable for smaller transfers where there is less urgency. Typically, RTGS is more expensive than NEFT transactions.