Showing posts with label Car loan. Show all posts
Showing posts with label Car loan. Show all posts

HDFC utility Payment options

HDFC bill plus can be used for almost all of your utility bill payment. Your electricty bill payment,mobile recharge,gas bill etc can be easily payed through HDFC .
 
View the below demo for how to pay the bill through  HDFC payment option
 
 
 
With BillPay plus you can easily pay all your bills like:
 
Electricity Bills
Gas Bills
Mobile Bills
DTH/prepaid mobile recharge
Landline and Internet Bills
Insurance Premiums
Other bank Credit Card bills
 

How to apply for Passbook in HDFC bank

How to get passbook in HDFC account
 
1) Fill the application form available at the Branch

2) Sign the application form and submit the form

important points to be remembered on passbook:
 
a.The bearer need to bring the Passbook every time when you want it updated.

b.Only one Passbook per account will be issued.

c.For all accounts holders who have availed the passbook facility, physical statements of accounts will be discontinued.
 
 
passbook or bankbook is a paper book used to record bank transactions on a deposit account. Depending on the country or the financial institution, it can be of the dimensions of a chequebook or a passport. 

The Post Office Savings Bank introduced passbooks to rural 19th century Britain

Traditionally, a passbook is used for accounts with a low transaction volume, such as a savings account. A bank teller or postmaster would write, by hand, the date and amount of the transaction, the updated balance, and enter his or her initials. In the late 20th century, small dot matrix or inkjet printers were introduced capable of updating the passbook at the account holder's convenience, either at an automated teller machine or a passbook printer, either in a self-serve mode, by post, or in a branch

How to transfer money to demat account from savings Account

Saving accounts :
 
Saving accounts are accounts maintained by retail financial institutions that pay interest but cannot be used directly as money in the narrow sense of a medium of exchange (for example, by writing a cheque). These accounts let customers set aside a portion of their liquid assets while earning a monetary return. For the bank, money in a savings account may not be callable immediately and in some jurisdictions, does not incur a reserve requirement, freeing up cash from the bank's vault to be lent out with interest.
 
Demat Account :
 
In India, shares and securities are held electronically in a Dematerialized pr Demat account, instead of the investor taking physical possession of certificates. A Dematerialized account is opened by the investor while registering with an investment broker (or sub-broker). The Dematerialized account number is quoted for all transactions to enable electronic settlements of trades to take place. Every shareholder will have a Dematerialized account for the purpose of transacting shares.
 
Demat account is not a place for keeping money. It is a place for keeping shares. If you go through the Demat account, you will be able to know the movement of shares in and out of your Demat account as well as your current hold.
 
When you get demat a/c linked with the one of saving account. then in demat site there will be link to allocate funds link and add the amount that you want to transfer from your savings a/c and click submit.The transfer will happen in real time. Bank to Bank this option veries, so it is important to go through Demat account guidelines and document before linking the saving account to demat account.