Indian banking and financial services company providing a wide range of banking products and services in India.
HDFC Bank Limited stands as a cornerstone of India's financial landscape, providing an extensive range of banking and financial services to individuals and businesses across multiple countries including India, Bahrain, Hong Kong, and Dubai. Established in 1994 and headquartered in Mumbai, HDFC Bank operates through various segments such as Treasury, Retail Banking, Wholesale Banking, Other Banking Business, and Unallocated segments. The bank offers a comprehensive array of banking products including savings accounts, current accounts, fixed deposits, recurring deposits, and Demat accounts, catering to diverse customer needs.
The lending portfolio of HDFC Bank is equally diverse, encompassing personal loans, home loans, vehicle loans, business loans, educational loans, gold loans, and rural loans. Additionally, the bank provides specialized financing solutions such as loans against properties, securities, rental receivables, and assets, along with commercial and construction equipment finance, healthcare and medical equipment finance, and commercial vehicle finance. HDFC Bank is also prominent in the credit card market, offering a range of credit, debit, prepaid, and forex cards to its customers.
Beyond traditional banking services, HDFC Bank offers a wide range of financial products and services including insurance products, investment services, payment and collection services, trade finance, forex services, and merchant and cash management services. The bank has also embraced digital banking with services like online banking, mobile banking, and phone banking, along with advanced payment systems like unified payment interface (UPI), immediate payment service (IMPS), national electronic funds transfer (NEFT), and real-time gross settlement (RTGS). As HDFC Bank continues to evolve in India's dynamic financial ecosystem, it remains a leader in innovation, customer service, and financial inclusion, supporting the growth and development of individuals, businesses, and the economy at large.