Friday, 10 June 2016

HDFC Bank Launches Payment Gateway for the Residents of Jalandhar

By 121 News

Jalandhar 10th June:-HDFC Bank today launched payment gateway for the residents of Jalandhar district. The payment gateway will enable online payment of Installment, Extension Fee, and Earnest Money for property purchased from Jalandhar Development Authority. The Bank has partnered with Jalandhar Development Authority (JDA) and Punjab Urban Development Authority (PUDA) to offer this convenience to the residents of Jalandhar district.

Starting today, residents of Jalandhar will be able to pay for different types of transactions on the website of Jalandhar Development Authority in a quick and convenient manner, using any debit card, credit card, or net banking facility,.

Iqbal Singh Guliani, Zonal Head, Punjab, HDFC Bank said that at HDFC Bank, we feel privileged to be chosen as a partner for this initiative. This is a big step in the evolution of the payment mechanism for property purchased through JDA and will help fast-track payments.We continue to make it easier for people to bank anywhere, anytime with our suite of digital banking offerings as they lead a fast paced, busy life and need convenience of accessing services on the go.

At present, residents of Jalandhar have to make payment physically at the office of JDA or PUDA through demand draft, which can be a time-consuming process. This first-of-its kind initiative in Jalandhar will reduce the time spent commuting and queuing up to make the payment. It will also allow people who have moved out of the city to make their payment in a timely manner from the comfort of their homes or offices.

In a function organized today at PUDA office, Gurpreet Singh Khera, Chief Administrator – JDA, Ms.Anupam Kler, Additional Chief Administrator PUDA-JDA, and Devinder Singh, Estate Officer PUDA-JDAlaunched the payment gateway in the presence of Iqbal Singh Guliani, Zonal Head –Punjab, HDFC Bank, Jatinder Pal Singh, Cluster Head, HDFC Bank and other senior officials of the Bank.

The initiative is part of India's premier full-service digital bank's strategic focus on customer convenience, access and delight, using technology as an enabler. In line with this, post the launch of 'Go Digital' campaign in 2014, with the 'Bank aapkimutthimein' offering, HDFC Bank has launched a host of new digital banking products.

These include 30 minute paperless auto loan using Biometric technology, 10 seconds personal loan on netbanking, PayZappChillr, and recently introduced instant loans at ATM. This is in addition to HDFC Bank's powerful Netbanking portal and official mobile app, which allows customers to perform over 205 and 85 different types of transactions, respectively.

In addition to digital initiatives, HDFC Bank is also reaching to out to people through its nationwide distribution network. HDFC Bank has 453 branches and 638 ATMs in the state of Punjab. As of March 31, 2016, the Bank had a national distribution network 4,520 branches and 12,000 ATMs across 2,587 cities.