Skip to main content

How To Delete Beneficiary Fund Transfer in HDFC Netbanking Account

If you are using HDFC bank for online transfer of money to another account, you should add the beneficiary details (account number and other details of receiver) first. Then you should wait till HDFC enables the new beneficiary for fund transfer. After they enable the beneficiary you can start transferring money. The time to enable beneficiary account depends on the bank policy (right now it is 12 hours). It is important to note that there is a maximum number of beneficiary registration for each type of fund transfer in HDFC bank (Currently it is 50 beneficiaries per each type of transfer). This article is about deleting a no longer needed beneficiary from your HDFC netbanking account.

Steps to Delete a Beneficiary from HDFC Account

Update (05-04-2015): It seems HDFC has removed the feature to delete existing beneficiaries but we can use the edit feature to alter all information we added. The instructions listed just below this update explains this procedure.

Procedure to Modify Beneficiary in SBI A/C
  1. Logon to HDFC netbanking using the link http://www.hdfcbank.com/

  2. Click on Funds Transfer on the top menu


  3. Click on Enquire on the left hand menu and then click 'View List of Beneficiaries'


  4. Click on Go button under the Transaction Type. If you are going to edit a beneficiary created for NEFT, you must click the Go button under NEFT. Same rule applies to IMPS, RTGS etc.

  5. Scroll to the bottom of the list where you can see two buttons 'Delete' and 'Add New'. Select the beneficiary name by choosing using radio button and click delete button to remove it from your account.


  6. Now select the beneficiary by choosing the radio button and click Edit. Here you can edit account type, name and email id. Please note that you cannot change the beneficiary type or the account number.

< ------------------ Old Outdated Steps ----------------------->


  1. Login to HDFC Netbanking account

  2. Click on Third Party Transfer
    how to delete beneficiary in hdfc netbanking account

  3. Click on View List of Beneficiaries on the left hand side
    Send fund from HDFC account

  4. Select the Transfer type and click View
    select or create beneficiary account in online banking

  5. Select the beneficiary and click delete
    HDFC payment gateway

  6. Now you need to confirm the deletion of beneficiary
    eCommerce

How to Add a new Beneficiary

If you want to transfer money to another account via netbanking, you must add him first in your account as beneficiary. It is necessary for both NEFT and RTGS.
  1. Logon to your account

  2. Click on Third Party Transfer
    how to delete beneficiary in hdfc netbanking account

  3. Click on Add a Beneficiary
    NEFT transaction failed

  4. Click on Continue button and enter the account details to which you want to send money.

Money transfer methods RTGS and NEFT are different in the way they work. If you want to transfer money real time without delay, you must use RTGS option. RTGS stands for Real Time Gross Settlement and you can transfer money by online to accounts in any banks within India without any delay. You do not need to wait for clearance to accomplished the process. However, banks charge a fee for this type of money transaction and currently HDFC charges RS 25 for any transaction between 2lakh to 5lakh. If the amount is higher than 5lakh, you must pay Rs 50 as fee. Though banks claim real time transfer, RTGS doesn't work on holidays and non banking time. Another issue with RTGS is the higher minimum amount to transfer. We can start RTGS request only if the amount is at least 2lakh. Another mode of online money transfer by HDFC is NEFT. It stands for National Electronic Funds Transfer and you can send payments to any third party accounts in India with few restrictions. HDFC charges a small fee for NEFT money transaction depends on the transaction amount.

Home

Comments

Rajan said…
Can you tell me how to add a new Beneficiary in my bank account ? Can I transfer money from my State bank (SBI) account to another HDFC account ?
Nitin Pritwani said…
Beneficiery can be deleted, on the last step where you can edit the beneficeiry there is also one more option to delete beneficeiry.
Alex George said…
Thanks for your correction Nitin. I didn't notice that option. I will check it and update the article.
Rinkesh Saraiya said…
Thank you. Much useful.
sojan said…
Yes.. Its very simple.. You need to activate netbanking + third party transfer to use this feature..
Ravi Shastri said…
Thank you so much . Helpful
Thanks, It helped a lot!
nice details
Vishnu Kumar said…
Thank you so much.. It was very helpful.
Thank you so much...
Manish Singh said…
Thank You , It was a great help.
sneha suresh said…
thank you
Unknown said…
Tx
Its very useful and simple
thank you so much..
thank you re dost!!
adrian dsilva said…
How do I delete it in the app
Alex George said…
@Adrian

I have not seen a way to delete the beneficiary list using an App. You may need contact Bank Phone Support to confirm a safe App for this purpose.

Recent Posts

How to Configure Idea 3G on Android Phone

When you activate Idea GPRS or 3G Internet on your Android phone, your phone will receive the automatic settings. However, sometimes you may need to configure the Access Point and GPRS settings for Idea (both GSM second and third generation) connection manually on your Android phone. In case if you delete the previous configuration, it is better know how to setup the same settings again by yourself. A wrong Access Point Name can stop you from accessing their mobile broadband service. Otherwise after deleting the existing APN for Idea 3G or GPRS you may need to re-insert the SIM again to get automatic settings from them. If you know the manual configuration steps, you can avoid that hardware procedure. If you are looking for the steps to get maximum speed from Idea 4G, you may click the link below and follow the instructions. The below hack will increase the Idea 4G data transfer speed.


Boost Idea 4G Data Transfer Speed

Steps to Configure Idea 2G/ GPRS/ 3G in Android Click on Applicatio…

Village Field Assistant in Kerala Revenue (123/2017) Examination

PSC has notified examination for the post Village Field Assistant in Kerala Revenue Department. Category number of the notification is 123/2017. According to this notification, anyone who has passed 10th Standard and having cycling skill can apply. There is no ineligibility for those having higher education standards to apply for Village Field Assistant. So, those who passed HSS, Degree etc can apply. Village Field Assistant is the new name given to the post Village Man in Kerala Revenue Department and is one of the few posts where PSC conducts direct recruitment to Revenue department. Public Service Commission conducts different examinations for each districts and there will be different question papers and cut off marks. Anyone who apply for Village Field Assistant can apply to only one district. Right now, only anticipatory vacancies are reported. So we do not know the exact number of vacancies in each districts. According to High Court verdict in 2006, women too can apply to Vil…

LD Clerk in Kerala Government Department Exam 414/2016 Date & Syllabus

Getting a government job in India is a dream of millions of educated youth. Getting a group A service is a bit difficult and needs a lot of time for preparation and hard work. For those who have passed SSLC (10 th standard), the best choice to enter government service is LDC. Lower Division Clerk (LDC) exam by Kerala PSC opens door for thousands of youth to Kerala Government service. Right now everyone is eagerly waiting for the Kerala LDC 2016 exam notification. LDC is a group C service which allows a person to work in his district. In most cases he will get the chance to work near his home. It is because Kerala LDC exam is a district wise examination. Different districts have different exams and rank lists. Once selected for LDC you are in group C service.

Kerala PSC has invited applications for LDC in various Kerala Government Departments for those having minimum SSLC or equivalent qualification. According to the gazette number 414/2016, you can apply for LD Clerk post in various g…

How to Reset BSNL Modem to Factory Default Settings

This article is for those who want to reset BSNL modem to factory default settings. If you forgot the username and password set for BSNL modem, you might need to change it to factory default and reconfigure it. Another reason to do is to fix certain network connectivity issues. There are two different methods to reset a BSNL modem to factory settings. They are soft and hardware reset. In soft reset we should login to the BSNL modem configuration page and select the option restore default or factory default. If you forgot the modem username and password, you cannot perform this procedure because without logon details you cannot access settings page. In that case only option left is to perform a hard reset. In this tutorial you will see both methods irrespective of the modem vendor and version.

Soft Reset BSNL Broadband Modem
Login
Type 192.168.1.1 on the address bar of your browser and press enter


Enter admin as username and password
Click on Admin tab

Click on Reboot


Select the factory se…

Eligibility and Exam Pattern CBI Officer Recruitment 2017 - Sub Inspector By SSC CGL

To become an officer in Central Bureau of Investigation ( CBI ) is a dream of many youth in India. Though this elite investigation agency is popular among public, many do not know the procedure to join CBI as an officer. This article explains the various criteria, eligibility, exam pattern and procedure to become a CBI officer. Two different agencies conduct examinations to fill vacancies in CBI. They are UPSC and SSC. To become a group A officer in CBI, you must choose Civil Service Examination conducted by UPSC and become an IPS officer. To join as Sub Inspector in CBI, you must go through SSC CGL examination.

Name Of the Post Recruitment Agency Group A OfficerUPSC (Civil Service Examination)Sub InspectorSSC CGL
Where to Apply
If you are dreaming to become an Officer in CBI, you must pass the Combined Graduate Level Examination (CGL ) conducted by Staff Selection Commission (SSC) in every year. You must wait for the next SSC CGL notification and prepare for the same. It is a 4 tier…

List Of Free Proxy Software and Web Proxy Servers To Browse Anonymously

Proxy server is a middle man acting between your computer and the web server. For example if you are accessing Google from your computer using a proxy named X, your computer is not receiving information directly from Google but X is receiving services and send it back to your computer. So naturally the web server does not know your computer and it thinks it served X. So by using a proxy server, theoretically you can browse anonymously and also help you to bypass firewall restrictions too. This guide gives a short introduction of Proxy Servers with a number of popular server addresses. There are two types of Proxy services.
client based (Software Installed on your PC)

Web based proxy servers (No is software installed on your PC) If you are expecting high anonymity, you must go for premium servers but for normal users web based proxy server is enough. Here I give a list of free popular servers.

1. Client Based

Please note that some proxy software products might contain malware and use…