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    HDFC Credit Card Bill Payment Through IMPS And NEFT

    Do you hold an HDFC credit card? If yes, which type of internet banking payment option (s) do you prefer the most? Is IMPS or NEFT? In fact, both are the most commonly used payment recipes. Most credit cardholders prefer using these options due to their unique features and benefits. They differ from each other in terms of payment processing and the way they function. NEFT and IMPS are advanced internet banking credit card payment options provided by a majority of credit card companies, including HDFC. This page gives HDFC customers valuable insights into internet banking credit card payment options, especially IMPS and NEFT.

    IMPS – An Instant Online Banking Payment System

    Immediate Payment Service, abbreviated as IMPS, is an instant online banking mechanism for fund transfer and payment. It was commenced by the Government of India in 2010. IMPS is presently supported and administered by National Payment Corporation of India. As it name signposts, transactions are immediately processed. This payment service is accessible through various channels, including registered mobile numbers and digital banking platforms. Currently, 101 cooperative banks, 53 commercial banking entities, and 24 PPli offer IMPS.

    Salient Features Of HDFC IMPS Platform For Credit Card Bills

    • The facility is accessible 24/7 and can be also accessed on bank holidays.
    • IMPS by HDF assures the safety of banking business and lessens the risk of identity theft.
    • The system enables customers make interbank and intra bank credit card bill payments immediately.
    • IMPS by HDFC is the simplest and convenient bill payment option.
    • The facility can be used on mobile phones, online banking or internet banking, mobile applications and country-wide ATMs.
    • Credit card bills can be paid from non-HDFC banks as well.
    • HDFC has partnered with more than 49 banks to offer this facility.

    Tips For Making Credit Card Payments Through HDFC IMPS

    • You should be registered for the HDFC internet banking facility. If not, you cannot make credit card payments online. Get registered online. It is simple!
    • Login for internet banking providing your username and password.
    • Once you have successfully logged-in to your HDFC internet banking account, click the ‘Funds Transfer’ button.
    • Click the ‘IMPS’ payment option.
    • Provide the necessary details such as your credit card number, account number, biller details, the billing amount, IFSC code of beneficiaries, etc.
    • Make sure the information you have provided is correct. If yes, click the ‘Submit’ button.

    Note: HDFC code for card remittance via IMPS is HDFC0000128. Use this code.

    How Can I Add Beneficiaries For IMPS ?

    You can add beneficiaries online. First, you need to login to the HDFC internet banking facility using your user name and password, and then you have locate the ‘Fund Transfer’ tab and click the same. You can add beneficiaries by clicking the ‘Add a beneficiary’ tab. Furnish details such as MMID, contact number, account number, and IFSC code. Finally, click the ‘Add’ tab and authenticate. The same process is followed to add a list of beneficiaries for NEFT as well. Beneficiaries are added and confirmed within 30 minutes.

    NEFT – An Advanced Payment Platform For Credit Card Bills

    The Reserve Bank of India (RBI), the Central Bank of the country, manages National Electronic Funds Transfer (NEFT), which is an advanced system for electronic fund transfer and payments, including credit card bills. This facility allows the transfer of funds amid NEFT-registered banking institutions in India. The requests for fund transfers and bill remittance shall be processed batch wise. According to recent reports, the NEFT payment facility today is provided by more than 101 banks nationwide at 74, 680 bank branches.

    Key Features Of HDFC NEFT Payment Platform For Credit Card Bills

    • Credit card payments shall be processed within 1 business day.
    • Credit card payment requests made on non-business days shall be submitted to the Reserve Bank of India on the next working day.
    • The amount of time required to transfer funds to beneficiaries’ account is reliant on the amount of time consumed by payees’ bank to initiate the payment process.
    • The payee’s bank shall receive money within the slated time.

    Channels to initiate an NEFT transaction

    You can initiate an NEFT transaction through the following channels:

    • HDFC online banking or internet banking
    • HDFC mobile banking
    • Visit the nearest HDFC Bank branch and submit the NEFT form. Your banker shall process an NEFT transaction for you.

    How To Make HDFC Credit Card Bill Payments Through NEFT

    HDFC credit card users can make use of the NEFT internet banking payment option to remit their credit card bills. It is easy. To do so, you should have an HDFC Bank Savings Bank Account.

    • Login to the HDFC online banking service using credentials (User Name and Password).
    • Locate the ‘Fund Transfer’ tab and click the ‘Transfer to Other Bank’ button.
    • Choose the account, beneficiaries, and provide the required information.
    • Make sure you accept the ‘Terms and Conditions’ and review the details you have furnished.
    • Finally, click the ‘Confirm’ button. You are done!

    Note: HDFC code for card remittance via NEFT is HDFC0000128. Use this code.

    NEFT vs IMPS

    Both options differ from each other in many aspects. The primary differences between IMPS and NEFT have been outlined in the below table:

    Parameters IMPS NEFT
    Fund transfer mechanism Funds are transmitted instantly. Funds are transferred within 1-2 business days.
    Charges Customers are not charged for using this facility. They can either transfer or receive funds at not costs. Payment fees are levied on this facility. They differ from bank to bank.
    Failed transactions Funds shall be instantly retuned for unsuccessful banking transactions. For failed banking transactions, funds shall be returned within a few hours.
    Processing time This system can be accessed anywhere anytime. This facility can be accessed only during banking hours.
    Holiday limitation IMPS has no holiday restriction NEFT has holiday restrictions

    Frequently asked questions on HDFC IMPS and NEFT

    1. What is the full form of MMID?
    2. The full form of MMID is Mobile Money Identification Number. It is basically a 7-digit number.

    3. How can I generate MMID?
    4. You can generate MMID through HDFC mobile banking, HDFC phone banking, and HDFC internet

      banking.

    5. What is the information required to process an NEFT credit card payment transaction?
    6. Payers have to provide the following details to process an NEFT credit card payment transaction

      through HDFC Bank:

      • Name and account number of the beneficiary
      • Bank details of the beneficiary
      • IFSC code of the destination bank division
      • Credit card bill amount to be paid and the account number to be debited

    HDFC Credit Card Bill Payment Through IMPS And NEFT Reviews

    • ICICI Bank Credit Card
      "Never understand the value of the customers"
      0.5 1.0/5 "Really Bad"
      I purchased the ICICI credit card 4 months before . I have huge transaction in ICICI salary account , but even though they provided me a credit limit of 25 k only . I am highly disappointed with the ICICI service . Never understand the value of the customers and customers requirements .
      Was this review helpful? 0
      , gulbarga
      Reviewed on Mar 21, 2019
    • SBI Cards Credit Card
      "Recently Purchased credit card"
      0.5 4.0/5 "Great!"
      Recently I applied for this SBI credit card through Executive . I find a good support from that executive by taking care of all the requirements till the delivery of my credit card . SBI provided me a credit limit of more than 50 k and Annual fees is around 500 /- .
      Was this review helpful? 0
      , gulbarga
      Reviewed on Mar 21, 2019
    • HDFC Bank Credit Card
      "Very good credit card for other bank users"
      0.5 5.0/5 "Blown Away!"
      I always prefer HDFC service is very satisfactory service . For the last two years , I am using this HDFC credit card . I don't experience any negative things . Very good credit card for on-line shopping with some discount around 5-10 % . With a good credit limit of more than 50 k .
      Was this review helpful? 0
      , gulbarga
      Reviewed on Mar 21, 2019
    • SBI Cards Credit Card
      "Good. Can be more clear in details"
      0.5 3.0/5 "Satisfactory"
      SBI is good in the overall experience for the credit card. They are good in their offers and also in the credit limit. They have good emi options and there are good deals on the e commerce websites. The only thing which is not satisfactory is when I visit big stores like Big Bazaar for example. There are executives of this bank who would offer a credit card. If I am to tell them that I already have one, they would say that I could get a new card with a higher limit. My current limit is 70K and I would get 5 lakhs on the new card. Finally I would get a call from the bank who is willing to give me a new card with a bifurcated limit of 50k, where I would have 25K on each card. I refused as it is not useful to me.
      Was this review helpful? 0
      , kannur
      Reviewed on Mar 21, 2019
    • SBI Cards Credit Card
      "Very Good Service"
      0.5 3.0/5 "Satisfactory"
      It has been three years since i am using this credit card, there is some annual charges of 500 with this card. The credit limit with the card has been less and there has not been any benefits in using this card. I had not been using this card much and just for some purchases has been using.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Mar 21, 2019
    • HDFC Bank Credit Card
      "Very Good Service"
      0.5 3.0/5 "Satisfactory"
      I have been using this credit card for the last couple of years, the services with them was good. I am satisfied with the credit limit with this card and there is an annual charges of 500 with this card as well. I have been using the card for all sort of purchases.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Mar 21, 2019
    • Kotak Credit Card
      "Very Good Service"
      0.5 3.0/5 "Satisfactory"
      I am using this credit card for the last three years where i am quite satisfied with the services of them. There has been a good credit limit with this card and it has an annual charges of 500 as well. There has been offers with the card on cash backs and reward points.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Mar 21, 2019
    • HDFC Bank Credit Card
      "Good credit card"
      0.5 5.0/5 "Blown Away!"
      Hdfc taken one week of time to approve my credit card,they quickly dispatched the card. Initially they declined the card then I raised the request, they approved it on next day. The service is good they responding to the customer in professional manner. Initially I paid the amount of Rs. 1800 hence it became life time free credit card.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 21, 2019
    • Kotak Credit Card
      "Average"
      0.5 4.0/5 "Great!"
      I use Kotak Mahindra Bank credit card and my experience was average. The helpline number was not useful and they need to improve the customer service. They don't charge annual fee, If I spend certain limit in a year. The credit limit was sufficient. I have not used the Flexi option so don't know the charges.
      Was this review helpful? 0
      , thane
      Reviewed on Mar 21, 2019
    • HDFC Bank Credit Card
      "Average Service"
      0.5 2.5/5 "Just OK"
      I had been using this credit card for the last two years and the services which they had been providing so far has been pretty good. But they had been making many hidden charges and there was not much offers other than the reward points. The credit limit with the card is good.
      Was this review helpful? 0
      , mumbai
      Reviewed on Mar 21, 2019
    • SBI Cards Credit Card
      "Average"
      0.5 4.0/5 "Great!"
      I got this credit for making my essential needs and is very useful for me.It is best card for doing shopping and there is no annual fee charges as well.I am using this often.
      Was this review helpful? 0
      , new delhi
      Reviewed on Mar 21, 2019
    • SBI Cards Credit Card
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I am using this credit card just for the last six months and the services with them was good so far. I am satisfied with the credit limit with this card and there has also been some better offers with this card on reward points. I am happy with the credit limit with this card as well.
      Was this review helpful? 0
      , new delhi
      Reviewed on Mar 21, 2019
    • RBL Bank Credit Card
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I am using this credit card for the last one and a half years where i am satisfied with the services which they had provided so far. They had given me with a good credit limit and there has not been any annual charges with this card as well. I had been getting some good benefits in using this card as well.
      Was this review helpful? 0
      , new delhi
      Reviewed on Mar 21, 2019
    • RBL Bank Credit Card
      "Experience is good"
      0.5 5.0/5 "Blown Away!"
      I also bank with Ratnakar Bank for the credit card. The customer support is good and they also have a good online banking system. I can check the status of the EMI conversion and I can also login with ease. There are good offers and the credit limit is fine.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 21, 2019
    • HDFC Bank Credit Card
      "Good. Online banking needs to be user friendly"
      0.5 4.0/5 "Great!"
      HDFC Bank has offered me a credit card which has a annual fee of Rs.500. The credit limit is good. I am also fine with the customer services and response too. The online banking is not user friendly, it is very complicated to login and to also convert the emi is not that easy.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 21, 2019
    • SBI Cards Credit Card
      "Average performance credit card"
      0.5 3.0/5 "Satisfactory"
      While purchasing this SBI Platinum credit card , i got more vouchers during that time . They sold this credit card without proper information .making the credit call bill payment in SBI is very difficult process . This card is not at all applicable for my usage . I thought of blocking this credit card after that i changed my mind .
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 21, 2019
    • HDFC Bank Credit Card
      "Need more offers in the future"
      0.5 4.0/5 "Great!"
      I am using the HDFC national card . On initial days, i wont receive much notifications through Email . Impossible to get he Credit card statement also . HDFC taken some time to respond my all these request. HDFC Services wise I am okay .I dint find any hidden charges in HDFC till now .
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 21, 2019
    • SBI Cards Credit Card
      "Satisfactory"
      0.5 5.0/5 "Blown Away!"
      I have taken a credit card with State Bank of India. It is a good experience as I can redeem the points with ease. The credit limit is also good and there are no hassles. The statements are clear and sent to me on time. The customer support and response is good.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 21, 2019
    • Bank Bazaar Credit Card
      "More than satisfactory"
      0.5 5.0/5 "Blown Away!"
      Bankbazaar is really good as the portal helps me to track my credit score and also check the banks offers and deals and compare the various options. The team was on time to contact me and inform me the details. They also followed up in the process too.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 21, 2019
    • Citibank Credit Card
      "Good. Can reduce the annual fee"
      0.5 4.5/5 "Excellent!"
      Citibank has been good till date and on time for me to get the credit card. The credit limit is also good. I expected more though. There are annual charges of 1K for the card which gets waived off if I use the card for 30K in the first month or within two months. It is a Indian oil card and since I did not need it as I would not use it much for fuel so I asked for a rewards card, but in between the conversation I got a message that it is already dispatched and would be delivered the same day. So I could not do anything about it.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 21, 2019
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