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How To Open Online Recurring Deposits (RD) In HDFC Bank Through NetBanking?

Finance Guru Speaks:  Please read this article to know how Online Recurring Deposit (RD) account can be opened in HDFC Bank without any efforts.

You can also read:

How To Close or Cancel Online RD Account Through HDFC Internet Banking?
How To Open Online Fixed Deposits (FD) In HDFC Bank Through NetBanking?

You need to have NetBanking feature enabled to open your RD Account online. Contact your HDFC home branch to open Netbanking facilities for your account.

Below are the steps to follow to open online RD Account in HDFC Bank:-


1. Login to HDFC Bank NetBanking with your valid details. 

2. Once the page opens, on the left hand side, click Open Recurring Deposit link present under Transact heading. It’s shown as below:-

HDFC Online RD
HDFC Online RD Account

3. Open New Recurring Deposit page will be opened. Fill the page as per your needs or follow below picture. Click on Continue button once all the details are filled:

HDFC Online RD Account
Click to enlarge - HDFC Online RD Account
       4. Accept the terms & conditions and then click on Confirm button.

HDFC Online RD Account
Click to enlarge - HDFC Online RD Account


Congratulations!! You have successfully opened a RD Account Online through NetBanking in HDFC Bank.

Also Read:

Images Courtesy: HDFC Bank

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8 comments:

  1. Mutual Funds To Invest24 August 2015 at 13:11

    Nice informative post!!

    ReplyDelete
  2. Anonymous9 February 2016 at 12:24

    How to pay monthly installments once RD is opened by the above process?

    ReplyDelete
    Replies
    1. FINANCE guru SPEAKS9 February 2016 at 15:53

      Hi,

      You can opt for "Request Standing Instructions between your own accounts" through "Transact -> Funds Transfer" Section.


      Regards,
      Team Finance Guru

      Delete
    2. Anonymous1 September 2016 at 10:42

      Hi Finance Guru,
      I tried as you said but it is showing "Two or more A/cs are required to carry out this transaction" error. Kindly suggest

      Delete
    3. FINANCE guru SPEAKS1 September 2016 at 15:27

      Hi,

      Can you elaborate what exactly is the issue? Also, do you have a Joint account and through which you are trying to create online RD? If you want, you can discuss the issue on finguruspeaks@gmail.com

      Regards,
      Team Finance Guru

      Delete
    4. Anonymous7 September 2016 at 12:07

      Hi Thanks for the reply. I dont have joint account. its a single acc. I opened RD via netbanking and paid amount for the first installment. But am not able to find how to pay monthly installment. Will the bank itself deduct amount monthly? or i need to go the nearest location which i specified while opening my account. Kindly suggest

      Delete
    5. FINANCE guru SPEAKS7 September 2016 at 15:35

      Dear Reader,

      We have also rechecked. It seems Bank will deduct amount monthly. Please make sure to have sufficient amount during monthly installments deductions.


      Regards,
      Team Finance Guru

      Delete
    6. Anitha2 May 2017 at 17:37

      Hi, I have opened an RD via net banking and paid first installment but later when the due date to second installment is nearing i got a mail from bank to transfer the amount to RD.Are u sure that bank will deduct the amount monthly?.Kindly suggest

      Delete

Thanks for your interest. Keep visiting.


Sincerely,
Finance guru Speaks