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You can perform the following transactions for Mutual Funds through Net-Banking:
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Purchase |
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Redemption |
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Switch |
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Register SIP / STP / SWP
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HDFC Bank Savings Account is linked to Investment Services Account, which is debited on purchases of Mutual Funds. |
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Customers are authenticated / validated based on a unique Internet Password (IPIN) for Net-Banking. |
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NAV and other details for all your holdings can be viewed easily. |
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You have to give final confirmation before processing the purchase. |
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You can link any one of your Bank accounts to the Investment Services Account to fund Mutual Fund purchases. |
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Redemption and Dividend Payout is directly credited to your Account. |
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Only Mutual Funds that are purchased through the Investment Services Account can be redeemed through this service. |
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Select AMC schemes are offered for purchase and redemption through the Investment Services Account. |
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Cut-off time for same day NAV is 2.00 PM for Net-Banking. |