If you are a customer of leading private sector HDFC Bank, then there is important news for you. To improve its banking experience, HDFC Bank will carry out necessary system maintenance on 10 August 2024 from 02:30 AM IST to 05:30 AM IST (ie from 2:30 am to 5:30 am). The bank has cautioned customers that many banking services including UPI transactions will not be available during this 180 minutes. In such a situation, if you have any banking related work during the stipulated time on August 10, then it would be better to finish it first.
These services will not be available
According to the news, according to the official website of the bank, financial and non-financial transactions will not be available for HDFC Bank current and savings account (CASA) holders during the above-mentioned time fixed on August 10. Also, financial and non-financial transactions will not be available on HDFC Bank mobile banking app, GPay, WhatsApp Pay, Paytm, Shriram Finance and Mobikwik linked to HDFC Bank account. HDFC Bank says that we appreciate your understanding and cooperation as we are working to improve the efficiency of our services.
The bank increased interest rates
HDFC Bank has increased the loan rates. The private bank has increased the loan rates by up to 5 basis points. People had high expectations from the Reserve Bank of India that it would announce a cut in the repo rate on August 8, but no change was made in it. The committee has kept the repo rate at 6.5 percent.
Earlier, HDFC Bank had changed many rules related to credit cards from August 1. Now the rules for utility transactions and education payments have been changed again. Now only 2000 reward points will be available every month on utility transactions. Reward points will not be available on education payments.
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