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Transfer Money From HDFC Bank to Other Banks Online

In this daily busy life, if you want to send money to someone, then it’s indeed a very irritating and time consuming task. Wait! It’s time consuming only for those who don’t use Net Banking. Via Net Banking, one can send money to anyone in a very fast manner. Almost every bank provides the Net Banking service.

HDFC is one of the best banks in India. When you open new Savings Account in this esteemed bank, you are provided the Net Banking facility at the same moment. HDFC FD interest rates are also quite attractive.So, if you have HDFC Net Banking service, and want to send money from it to other banks, but don’t know how to do it, then this article is nothing less than a boon for you.

This article will teach you how to send money from HDFC to other banks via Net Banking. You can send money from HDFC to Punjab National bank, state bank of India, Axis bank, Union bank of India, bank of Baroda and many  other banks.

Axis Bank user Check out @ Send Money from Axis Bank to Other Banks

In order to transfer money from HDFC to other banks via Net Banking, you must add intended account as beneficiary. Here are the steps on how to do so.

Steps to Add Beneficiary

1.   First of all, point your browser to HDFC Net banking site.

2. There enter your Customer ID, IPIN (password), and Confirm the Secure Access Image (if applicable). Click Log In. You will be taken to your HDFC Net Banking account.

3. Look for the tab that reads ‘Third Party Transfer‘ and click on it.

third party transfer

4. In the left side, look for the option ‘Add a Beneficiary‘. Click on it.

secure access

5. Now you will be taken to the page to add beneficiary. The first thing you need to do to add a new beneficiary is to ‘Select Beneficiary Type‘.

Beneficiary

Here are what these options mean:

Transfer Within the Bank : If you want to send money to any HDFC Bank, then select this option.

If you are ICICI bank user, then check @ Online Money Transfer From ICICI Bank to other banks

Transfer to other bank / Credit Card Payment (Using NEFT) : If you want to transfer money to any non-HDFC account or any Credit Card, then select this option.

Transfer to other bank (Using RTGS) : If you want to transfer fund without any waiting period, then select this option. Select it when you want to transfer anywhere between 2 to 10 lacs.

Repatriation from NRE Account/FCNR Deposit : Select this if you want to send money to accounts held overseas of NRI’s, PIO’s and OCI’s

Transfer to eCMS Account (Virtual Account) : If the intended account is virtual account, then select this option.

6. After selecting any particular option, click ‘Continue‘.

add as beneficiary

7. Then you will be taken to page where you are required to provide the details of account which you want to add as beneficiary.

8. You are required to provide Beneficiary Account No./Credit Card No., Account Type, Beneficiary Name, IFSC Code and Email ID.

9. To enter the IFSC Code, you need to use the ‘Click Here to select IFSC Code‘ option, that will take your IFSC Code Lookup. If you know IFSC Code, then enter it and click ‘Search‘.  If you don’t know this, then you can ‘Search’ by using Bank Name and/or Branch Name.

10. On clicking the ‘Search‘, you need to select your bank from search results.

11.  So, once you have filled all details on ‘Add a Beneficiary Page‘, just click on ‘Add‘.

12.  For Security purposes, you will be sent ‘One Time Password or OTP’ on your registered mobile number. Enter this OTP in the field asking for it.

13. You have successfully added Beneficiary. It will take 24 hours for this just added beneficiary account to get activated. Then only you will be able to transfer money to it.

Sending Money from HDFC to Other Banks via Net Banking:

1. Login to your HDFC Net Banking account and head over to ‘Third Party Transfer

2. On the left options, click on Third Party Funds Transfer‘.

3. Select Transaction Type and click on ‘Continue‘.

4. Select the Account from where you want to transfer the fund, Select the Beneficiary to which you want to send the money. Enter the Transfer Amount figure and description.

neft

Select where you want the fund transfer status to be sent – Mobile or Email. Click on the checkbox to confirm that you are agree with Terms & Conditions.

5. Click on ‘Continue‘.

6. Verify the details on next page. Once you are done with verifying them, click ‘Confirm‘.

7. The NEFT Fund Transfer will be initiated. It’s better to print this page, or take screenshot.

Some Important Points to Remember

1. If the beneficiary you added has not been activated yet, then you will not be able to transfer fund to that. It usually takes 12 to 24 hours for successful activation of new beneficiary. You can check the status of added beneficiary by heading over to ‘Third Party Transfer’ tab and then clicking on ‘View list of Beneficiaries. The status of intended beneficiary must be shown as ‘Enabled’. If not so, then wait for it to get enabled.

2. Always provide meaningful ‘Transfer Description’. It will help you to keep track of your hard-earned money.

3. Take the printout of ‘Fund Transfer Initiated Page’ or take its screenshot at the very least.

4. After adding beneficiary and initiating the fund transfer, it takes around 3-4 hours or less/more for fund to appear in the recipient account. So be patient!

That’s it. This is how you can send money from HDFC to other banks via Net Banking. Hit the comment box if you need any further help in this aspect.

60 Comments on Transfer Money From HDFC Bank to Other Banks Online

  1. i am not able to find the list of hdfc bank ifsc code please help metolocate.

  2. Thanks for useful post. I have transferred money from hdfc to sbi bank.

  3. how much time does neft sbi takes?

  4. Very nice and very useful. I have transfer money from HDFC to sbi bank by using your instructions.

  5. HUSNI MUBARAK // Jun 7, 2014 at 7:10 pm // Reply

    ICICI NET BANKING IS BETTER THAN THIS. NO NEED OF TIME TO ACTIVATING A BENIFICIARY,IT WILL ACTIVATED ON THAT SECOND WHN WE ADD A NEW BENIFICIARY..

  6. yesterday i transferred some money after enabling beneficiary .today i tried to transfer more money but system shows message that transaction cant be completed contact bank..i
    don’t know why?

  7. I need to transfer money to SBT NRI account holder, can anybody help me out?

  8. Trupti Kahate // Sep 3, 2014 at 6:14 am // Reply

    Thanks.Its really nice post. Its very helpful for new netbanking user.

  9. Rajeshwari // Sep 6, 2014 at 8:00 am // Reply

    Can I transfer mony from HDFC to Punjab National Bank

  10. For transferring money from HDFC to Punjab National Bank, What is the website?

  11. If we transfer amount from HDFC (salary account) to another bank through online. How much will be charges..???
    from salary account to another salary account?
    from salary account to saving account ??

  12. Mohit Dangi // Sep 10, 2014 at 8:28 pm // Reply

    I just want to clear my doubt that ‘net banking transactions can be cancelled or not’
    please reply fast

  13. Arpana thapa // Sep 12, 2014 at 7:32 am // Reply

    thank you very much it was very useful info. thanks a lot

  14. Thanks a lot buddy……

  15. plz conform Which ifsc code i should enter whether Hdfc or SBI?

  16. Ashish Mukherjee // Oct 18, 2014 at 8:14 am // Reply

    What is the maximum time taken to transfer money from hdfc bank to corp bank.

  17. Ashish Mukherjee // Oct 19, 2014 at 4:50 am // Reply

    my office sent me money slip on 17th oct 4.25 am that the money will be transferred to my account. but its oct 19(sunday)10.20 am i still havn’t recieved the money. my office uses hdfc bank and my bank is corporation bank.when will i get the money in my account

  18. Hi,

    I have made an incorrect fund transfer who was already added to my beneficiary account. I wanted to know how do i go about cancelling/blocking the transaction or any other way to get the money back.

    • Suraj Tandon // Oct 25, 2014 at 11:28 pm // Reply

      Once payment sent, there are no any ways to stop or revert the money. Tell him to send back your money.

  19. Asif Ikbal // Oct 31, 2014 at 5:26 am // Reply

    Thank you so much….for shearing this useful information

  20. Sir, can i transfer money hdfc bank to other bank that have no netbanking

    • Suraj Tandon // Nov 11, 2014 at 1:45 am // Reply

      It may be possible to transfer money atm to other account. Otherwise you can send money from bank directly.

  21. Thank you so much for the useful info

  22. I have HDFC account account and i want add beneficiary account, IFSC code not showing the beneficiary tab, already i know the IFSC code but system not showing please advise me urgent
    Regards
    Thiru

  23. How much time it will take to transfer amount to my other account??

  24. i am unable to add indian bank account and ifccode in hdfc acccount

  25. Thanks for sharing information.

    I have a doubt, If sender transfers fund to other person’s account, added this persons contact number in mobile/email text area before clicking ‘Continue’ then Can This Person see sender’s cleared balance in account after transfered fund ?

    • Suraj Tandon // Dec 9, 2014 at 8:57 am // Reply

      If that mobile number is activated with receiver bank account, then he/she will get notification.

  26. I have HDFC account account and i want add beneficiary account, IFSC code not showing the beneficiary tab, already i know the IFSC code when i am entering system not taking, please advise me urgent
    Regard

  27. please can anyone tell me what are the additional charges for tranferring money from hdfc bank to sbi bank..?
    please reply at the earliest

  28. i having salary account in HDFC… can i transfer money in Net banking to icici bank account on non working days.

  29. i am using hdfc net banking regularly. but recently having problem in site,that only view account tab is accessible. other tab third party transfer not working

    • Suraj Tandon // Jan 17, 2015 at 9:08 am // Reply

      Did you installed any new addon recently, disable it and try.

      • I’m having the same problem — on all browsers. After HDFC revamped their site, the third-party transfer isn’t available. Clicking “transfer within the bank,” for example, takes you to the help / main page. In fact, all the Funds Transfer links take you to a Help page. This happened around Jan 15, 2015.

  30. viranjay rai // Jan 31, 2015 at 8:26 pm // Reply

    what is the service tax on transfer of amount of es 10000 from icici bank to hdfc bank.

  31. Hi Team,

    Where can i see the transfer history in the Internet banking site??
    Is there any place where i can see the transfer status as well??

    Thanks

    • Rajeesh Nair // Feb 4, 2015 at 8:16 pm // Reply

      Hi Latha,

      You can’t check the transfer status from your internet banking account but the fact is that the funds transfer is instant and the banks guarantee for successful transfer within 24 to 48 hours for NEFT transfers. You can check your transfer history through your account statement that you can generate from your internet banking account.

  32. can I transfer some money to china ?
    in company account. ..
    I hv salary account in hdfc bank…

    • Rajeesh Nair // Feb 4, 2015 at 9:16 pm // Reply

      Sorry Rahul,

      You can’t transfer money to China from your bank. You can use Western Union Money Transfer or PayPal for transferring funds from India to China. If you are an NRI then you can also use NRI banking services to transfer funds through banks.

  33. Thanks so much…..very useful and explained in very understandable manner for a layman.

  34. Shashi Kumar // Feb 19, 2015 at 6:24 pm // Reply

    i was unable to transfer the money to my younger brother, this thought me well how to transfer the money. so helpful thank you very much

  35. If we transfer amount from HDFC (salary account) to another bank through online. How much will be charges..???
    from salary account to another salary account?
    from salary account to saving account ??

    • Rajeesh Nair // Feb 19, 2015 at 9:17 pm // Reply

      Effective from 1st August, 2012, NEFT transactions from HDFC NetBanking would be charged as below:

      • Amounts up to Rs. 10,000 – Rs.2.5 (exclusive of taxes) per transaction
      • Amounts from Rs.10,001 to Rs.1 lakh – Rs. 5 (exclusive of taxes) per transaction
      • Amounts above Rs. 1 lakh up to Rs. 2 lakh – Rs. 15 (exclusive of taxes) per transaction
      • Amounts above Rs.2 lakh – Rs.25 (exclusive of taxes) per transaction
  36. Hi, My brother transferred money to hdfc account from SBI Netbanking, but i am not using that hdfc account for 2years,what happens? plz help me out.

    • Suraj Tandon // Feb 22, 2015 at 10:45 pm // Reply

      Don’t worry, Just contact your branch. Check money is transferred or not. If not, It will be refunded to your brother account.

  37. can anyone please let me know the direct link where I can log into the net banking and so that I can add a beneficiary accounts? I am trying so many times..but it is showing like this facility is not available currently.. it will be great if any one could help me with this..

    • Rajeesh Nair // Mar 1, 2015 at 1:25 pm // Reply

      Once you log in to your HDFC Internet Banking Account, you will see “Funds Transfer” on the top nav bar. Once you click that link, you will be redirected to the “Funds Transfer” page. Choose whichever is applicable based on the type of account you are transferring your funds to. (i.e. Within HDFC or other Banks)

      You can use both IMPS or NEFT transfer options for transferring funds to another bank account. When you select IMPS or NEFT, you will find a link “Add a Beneficiary” below the form. Click the link and you can add the beneficiary. You may not find the “Add a Beneficiary” link on “Transfer Within Bank” page. So choose, NEFT or IMPS funds transfer option to add a beneficiary.

      I hope this is helpful.

  38. riya gupta // Mar 18, 2015 at 7:28 pm // Reply

    in HDFC net banking “add a beneficiary ” page, whose email id is to be added?the beneficiary’s or the HDFC account holder’s? Kindly help.

  39. I have added benefitiary ( my sister ) just 20 mins back but unable to view her name under ‘view benifitiary list’ . can someone tel me how long will it take to reflect their name in the system ?

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