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/10

HDFC Bank

India|5-10 years|
Global Business|High potential risk|

https://v1.hdfcbank.com

Website

Rating Index

Influence

Influence

AAA

Influence index NO.1

India 9.97

Surpassed 92.52% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+917573919585
https://v1.hdfcbank.com
No 209/214 & 26, Kailash Building, KG Marg Connaught Place New Delhi - 110001
https://www.facebook.com/HDFC.bank

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+917573919585

Broker Information

More

Company Name

HDFC Bank Ltd

Company Abbreviation

HDFC Bank

Platform registered country and region

India

Company website
Twitter
Facebook

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-05-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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HDFC Bank · Company Summary

HDFC Bank Review Summary
Founded 1994
Registered Country/Region India
Regulation Unregulated
Services & Products savings, loans, credit cards, fixed deposit, investment and insurance
Demo Account Unavailable
Trading Platforms N/A
Minimum Deposit N/A
Customer Support Phone, Twitter, Facebook, Instagram, YouTube and Linkedin

What is HDFC Bank?

HDFC Bank, one of India's leading private banks, offers a wide range of services and products to meet the diverse financial needs of its customers. With its establishment in 1994 and the approval from the Reserve Bank of India (RBI), HDFC Bank has gained recognition in the financial industry for its comprehensive offerings and commitment to customer satisfaction. From savings accounts and loans to credit cards, fixed deposits, investment services, and insurance products, HDFC Bank provides a holistic banking experience to its customers.

HDFC Banks homepage

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros Cons
  • Many years' industry experience
  • Not regulated
  • A range of services and products
  • Complex fee items
  • Social media presence
  • Multiple account types

Pros of HDFC Bank:

- Many years of industry experience: HDFC Bank has been in the banking industry since 1994, providing a wealth of experience in catering to the financial needs of customers.

- A range of services and products: HDFC Bank offers a comprehensive range of financial services and products to cater to a wide range of customer needs, from basic savings accounts to more complex investment and insurance products.

- Social media presence: HDFC Bank has a strong social media presence, which allows customers to connect with the bank easily and receive timely updates on the bank's services and products.

- Multiple account types: HDFC Bank offers multiple types of accounts, including savings accounts, current accounts, and salary accounts, to cater to different customer needs.

Cons of HDFC Bank:

- Not regulated: HDFC Bank is currently not regulated, which is a concern for some customers who prioritize regulatory compliance in their banking choices.

- Complex fee items: HDFC Bank has multiple fee items, which can be complex and difficult to understand for some customers, leading to confusion and potentially unexpected charges.

Is HDFC Bank Safe or Scam?

HDFC Bank currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. It makes investing with them risky.

If you are considering investing with HDFC Bank, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

Services & Products

HDFC Bank offers a comprehensive range of services and products to cater to the financial needs of its customers.

- Savings Accounts: HDFC Bank provides various savings account options to individuals, including regular savings accounts, salary accounts, and senior citizen accounts. These accounts come with features such as ATM/debit cards, mobile banking, internet banking, and rewards programs.

- Loans: HDFC Bank offers a wide range of loan products to meet different financial needs. This includes personal loans, home loans, car loans, business loans, and gold loans. These loans come with competitive interest rates, flexible repayment options, and quick processing.

- Credit Cards: HDFC Bank offers a diverse range of credit cards designed to suit different customer needs. These cards come with attractive rewards programs, cashback offers, travel benefits, fuel surcharge waivers, and airport lounge access, among other features.

- Fixed Deposits: HDFC Bank provides fixed deposit (FD) accounts with competitive interest rates and flexible tenure options. Customers can choose from short-term FDs to long-term FDs based on their investment goals.

- Investment Services: HDFC Bank offers a variety of investment options, including mutual funds, IPO application through ASBA (Application Supported by Blocked Amount), equities and derivatives trading, Investtrack/Portfolio Advise & Tracker services, 8% Savings Bonds, and Sec 54 EC - Capital Gains Bonds.

- Insurance Services: HDFC Bank offers a range of insurance products, including life insurance, health and accident insurance, vehicle insurance, travel insurance, home insurance, and student travel insurance. These insurance products provide coverage and financial protection against various risks.

Services & Products

Accounts

HDFC Bank provides all kinds of accounts including savings, current, rural, pension, and Sukanya Samridhi accounts. Each account has its own features and functions.

HDFC Bank provides savings accounts that can be opened instantly online with Aadhaar verification for Indian residents who are 18 years and above and have an original PAN card. By submitting necessary information and agreeing to HDFC's privacy policy and terms and conditions, customers can open a savings account and enjoy features such as mobile banking, debit cards, and ATM access.

Accounts

Fees

HDFC Bank charges different fee items for personal banking, non residential indians and small and medium enterprises. Traders can directly click the code: https://www.hdfcbank.com/personal/resources/fees-and-charges to look through the specific fees charged by HDFC Bank.

Fees

Customer Service

Customers can get in touch with customer service line using the information provided below:

Telephone: 1800 202 6161 / 1860 267 6161 (accessible across India)

022-61606160 ( overseas)

Moreover, clients could get in touch with this broker through the social media, such as Twitter, Facebook, Instagram, YouTube and Linkedin.

contact details

Whats more, HDFC Bank provides a Frequently Asked Questions (FAQ) section on their website to assist their clients with commonly asked questions and provide relevant information. The FAQ section aims to address common queries and concerns that investors may have regarding the company's services, processes, and investment opportunities. By offering this resource, HDFC Bank aims to provide transparency and clarity to their clients, helping them make informed decision.

FAQ

Conclusion

In conclusion, while the lack of regulation, HDFC Banks market presence, wide range of products and services, and strong business track record make it a popular choice among customers in India. As with any financial institution, customers are advised to thoroughly understand the terms and conditions, fees, and risks associated with the specific products and services they choose to avail from HDFC Bank. It is recommended to conduct personal research and seek professional advice before making any financial decisions.

Frequently Asked Questions (FAQs)

Q 1: Is HDFC Bank regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at HDFC Bank?
A 2: You can contact via telephone: 1800 202 6161 / 1860 267 6161 (accessible across India) and 022-61606160 ( overseas), Twitter, Facebook, Instagram, YouTube and Linkedin.
Q 3: What services and products HDFC Bank provides?
A 3: It provides savings, loans, credit cards, fixed deposit, investment and insurance.
Q 4: Does HDFC Bank offer demo accounts?
A 4: No.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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FX1628855544
more than one year
Trading with HDFC Bank has always been a breeze for me. Whether it's buying stocks or transferring funds, everything happens swiftly. As a consumer who's hard to please, HDFC Bank's performance has exceeded my expectations.
2024-02-27 23:39
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FX1595462746
more than one year
Had a rough go with HDFC Bank's brokerage services. Ran into issues that left me questioning their reliability. Heard some sketchy stuff about fraud, and my money seems to have vanished without a trace. I'd say steer clear of investing with them.
2024-01-10 18:40
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