Recurring Deposit Through Internet.

POSTED BY Naveen Ponnam ON February 11, 2013 9:03 pm COMMENTS (2)

Hi Sir,

    I opened a Recurring Deposit account in HDFC Bank through Netbanking. Monthly they are deducting the amount. but the problem is I am staying in another country now and I cannot be there in India at the time of maturity. So the maturity amount will be direct add to my savings account without visiting the bank or not? Please give me a full information about this.

                Thanking you sir,                                        Regards,

                                                                          Naveen Ponnam

 

2 replies on this article “Recurring Deposit Through Internet.”

  1. Naveen Ponnam says:
    February 11, 2013 at 10:12 pm

    Thank you Mr. Ashal Jauhari.

    Reply
  2. Ashal Jauhari says:
    February 11, 2013 at 9:48 pm

    Dear Naveen, although I’m not using netbanking of HDFC personally but from my experience with SBI & ICICI, I can say that the e-RD can be redeemed online. So no need to visit your branch. Still if you are in doubt, please contact customer care of HDFC bank over mail.

    Thanks

    Ashal

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.