HSBC's Personal Internet Banking facility enables faster and more convenient access to your accounts from anywhere in the world on a 24x7 basis. The feature is also mobile and tablet-friendly making it easy to use from any device. The Digital Secure Key feature guarantees higher security and authentication of transactions. Third-party transfer limits have been increased to Rs.30 lakh effective from the year 2000. Not only can you view and manage your accounts online, you can also manage your fixed deposits and other financial investments made with the bank.
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How to register for HSBC Net Banking
Given below are the steps you will have to follow to register for HSBC Net Banking online:
- Click on the link https://www.hsbc.co.in/ways-to-bank/online-banking/.
- Scroll down and click on ‘Register Now’.
- You can register by providing details of either your credit card, debit card, or your phone banking account.
- You will then have to create a username and password.
- The next step will require you to set a security question. Provide the answer. Since it is done for security purposes, do not share the answer with anyone else.
- Once your profile has been set, you can use your username and password to login to your HSBC net banking portal.
HSBC Net Banking Fees and Charges
|Services||Service Charges and Fees|
|Account enquires/ Credit Card enquires||Free|
|Open Fixed Deposits||Free|
|Payment of HSBC Credit Card Bill||Free|
|Transfer to own accounts within HSBC||Free|
|Transfer to third party accounts within HSBC||Free|
|Transfer to other bank accounts through NEFT||Free|
|Transfer to other bank accounts through RTGS||
|Change of maturity instructions||Free|
|Request for Cheque Book||Free|
|Stop Payments (Saving Accounts)||Rs.100 per request|
|Request for Duplicate Statement||Rs.100 per statement cycle (Quarterly for Savings Accounts and Monthly for Advance Accounts)|
|Bill Pay Facility||Free|
Key features of HSBC Internet Banking
The Internet Banking facility from HSBC is easy, quick, and secure. You can perform a wide range of transactions, such as fund transfers, utility bill payments, viewing e-statements, etc. Some of the key features of this facility are detailed below:
- You can view your bank account details or credit card balance at your convenience.
- The online banking facility enables you to transfer funds within HSBC accounts, as well as to other bank accounts in the country.
- You can create fixed deposits and manage these accounts as well.
- Services can be availed without spending time at the bank branch.
- You can pay your credit card dues, insurance premiums, and utility bills online.
- You can request for demand drafts and cashier’s orders, free of any charges. At the bank branch, a cashier’s order is charged at a minimum of Rs.100 for an amount up to Rs.1 lakh. The charge is 0.1% of the value for amounts greater than Rs.1 lakh. Demand drafts at bank branches are charged at 0.3% of the draft value.
- You can raise requests for e-statements of your credit card and bank account. You can even create an archive of your e-statements and store them for future needs. This service is available free of any charges.
- The HSBC internet banking facility enables you to buy, redeem, and switch between your mutual funds online.
- Stopping cheques, redeeming bonus reward points, and ordering new cheque books are some of the other facilities offered by netbanking.
- You can specifically apply for a Security Device that is portable, simple to use, and protects against frauds. The application can be done online, once you have registered for the netbanking service.
- HSBC offers minor accounts that can be opened by a guardian on behalf of a customer under the age of 18 years. Once the minor attains majority, the right of the guardian on the account will cease. In the case of minor accounts, only the guardian has access to the net banking facility.
GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.