Guide on How to Transfer Money without adding Beneficiary in HDFC Bank Account. Valid methods for HDFC bank customers to transfer money without adding beneficiary at https://netbanking.hdfcbank.com/netbanking/.
Transfer Money Without Adding Beneficiary In HDFC
Money transfer requires high security and transparency to ensure the sender and receiver details are protected. Bank and financial sectors in India provide a digital system suitable for fund transfer through mobile and computer devices. The services allow the customer to access their banking details online. One can also include beneficiary details for easy account linking and money transfer. Adding a beneficiary helps ease the process since all information is recorded on the sender’s account.
HDFC, a popular bank in India, provides quality services to millions of customers nationwide. The customers have the privilege to transact via net banking, mobile app, payment wallets, and ATM. The HDFC bank also gives the user chance to attach multiple beneficiaries for easy search and money transfer. The banking facilities are interlinked with money transfer services such as RTGS, IMPS, NEFT, and IMT. The services are a transparent, fast, and reliable way of sending money across the country.
The HDFC Bank goes beyond and offers fund transfer services without adding a beneficiary. The transaction eliminates the activation time set when adding a new beneficiary. To transfer money without a beneficiary, the user can utilize several methods mentioned in this guide.
Valid Methods to Send Money Without Beneficiary Account Details
- Through MMID method via the HDFC net banking or mobile app
- Transfer through UPI app
- Sending funds using IMPS via the UPI app
How to Transfer Money Without Adding Beneficiary in HDFC Account
Step by step to transfer money from your HDFC account without adding a beneficiary
- Go to the HDFC net banking website page.
- https://netbanking.hdfcbank.com/netbanking/
- Key in the login credentials: username and password.
- Select the “fund transfer” option and proceed to “IMPS-MMID tab.
- Next, enter the beneficiary’s mobile number and MMID.
- Ensure to request the beneficiary for the correct MMID before your continue.
- Choose the HDFC account you wish to debit the amount.
- Review the details and select submit button.
- The system will send an OTP to your mobile number.Use the OTP to verify the details and click submit tab to complete the process.
How to Transfer Money Without Adding Beneficiary in HDFC Account by UPI APP
Transferring funds from HDFC account without adding beneficiary through UPI app
The UPI app method allows the HDFC account user to transfer funds without the receiver’s account number or IFSC code. The app requires the sender to enter their registered mobile number with the bank to complete the transaction.
- Please select your preferred UPI app and download it on your smartphone. One can select PhonePe, Google Pay (GPay), BHIM, etc…
- The bank can also provide its own UPI feature or app attached to its mobile banking app.
- Users can select the PhonePe app or any other. On the menu click “fund transfer” >“to contact” tab.
- Select the “+” icon and key in the UPI ID of the beneficiary.
- For beneficiaries using the same app, in this case, PhonePe, you can search for their names instead of UPI ID.
- Enter the amount and remarks.
- Choose the account to debit the funds and key in UPI PIN to proceed.
- Recheck the information and select the “submit” button.
- The system will review the details, and if okay, the money will be credited successfully.
How to Transfer Money to Beneficiary Using UPI IMPS
Step by step to transfer money to beneficiary using UPI IMPS in HDFC
- Open your PhonePe app (in our case) and enter your login credentials.
- Click “transfer funds” > “to account” option.
- Choose the receiver’s bank name, account number, IFSC code, and beneficiary’s name.
- Next, enter your preferred amount and choose the account to debit the amount.
- A new page will show, key in the UPI PIN, and select the “send” button.
- The system will verify and credit the amount as directed.
FAQs
- What are the required details for HDFC users to transfer funds without a beneficiary?
- A registered mobile number
- Beneficiary’s MMID and mobile number
- A UPI app
- Can I send money without beneficiaries through RTGS?
No, RTGS is a legal money transfer facility that allows users to transfer huge amounts. The bank (all banks) requires the sender to present the receiver’s details to process the request.