What Are the Steps To Register On HDFC Bank Smartwealth App
27 May, 2024
Synopsis
Quick and easy registration process on HDFC Bank SmartWealth app.
Download the app, enter your mobile number, verify via OTP, input personal and bank details, and set up mPIN.
No minimum balance required, hassle-free activation post-KYC completion.
HDFC Bank SmartWealth App: Registration in Minutes
Keen to start investing, Nisha has just heard about the most talked-about new Wealth Services app – HDFC Bank SmartWealth App. She immediately decided to contact her friend Neha, who already uses the SmartWealth app, to understand the sign-up process.
Nisha: Hi Neha, I want to start investing and have heard that the HDFC Bank SmartWealth App is a great app for beginners. Can you please explain how to register on Smartwealth?
Neha: Sure Nisha! Signing up on SmartWealth is easy and hardly takes any time. Let me take you through the steps to register for HDFC Bank SmartWealth app:
First, download the HDFC Bank SmartWealth app from the Play Store or App Store.
Next, enter your mobile number on the welcome screen and tap Continue. You will receive an OTP for verification.
Now, enter your PAN card details or date of birth and your bank account details for linking.
After this, create a 4-digit mPIN for authorizing transactions on SmartWealth.
For easy access, you can also enable biometric login like fingerprint or face recognition. This is optional but recommended for security.
Verify all your personal details once and make any edits, if required or move to the next step.
Don't forget to add a nominee to your account. You can add an existing nominee from your HDFC Bank account or create a new one.
Finally, review all the account information entered and submit by tapping Continue.
Nisha: This seems like a very quick and hassle-free process! What about KYC verification?
Neha: For KYC, if your Mutual Fund KYC is not already done, you will be redirected to complete it. Just upload documents like PAN, cheque leaf, etc., as guided.
Nisha: Got it! And once KYC is done, can I start investing?
Neha: Yes, you are all set to begin your investment journey on the HDFC Bank SmartWealth once KYC formalities are complete.
Nisha: Thank you so much for explaining the simple steps, Neha. I can't wait to get started!
Neha: You're most welcome, Nisha! Feel free to reach out if you need any help. Happy investing!
Frequently Asked Questions
How long does it take to activate my SmartWealth account?
Account activation is almost instantaneous upon completing the sign-up and one-time KYC process. You can start investing in just a few minutes!
Is there any minimum balance required to open a SmartWealth account?
No, there is no minimum balance requirement for opening a SmartWealth account. However, you need sufficient balance in your linked HDFC Bank account when making investments.
Disclaimer: This communication has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. HDFC Bank Limited ("HDFC Bank") does not warrant its completeness and accuracy. This information is not intended as an offer or solicitation for the purchase or sale of any financial instrument / units of Mutual Fund. Recipients of this information should rely on their own investigations and take their own professional advice. Neither HDFC Bank nor any of its employees shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in this material. HDFC Bank and its affiliates, officers, directors, key managerial persons and employees, including persons involved in the preparation or issuance of this material may, from time to time, have investments / positions in Mutual Funds / schemes referred in the document. HDFC Bank may at any time solicit or provide commercial banking, credit or other services to the Mutual Funds / AMCs referred to herein.
Accordingly, information may be available to HDFC Bank, which is not reflected in this material, and HDFC Bank may have acted upon or used the information prior to, or immediately following its publication. HDFC Bank neither guarantees nor makes any representations or warranties, express or implied, with respect to the fairness, correctness, accuracy, adequacy, reasonableness, viability for any particular purpose or completeness of the information and views. Further, HDFC Bank disclaims all liability in relation to use of data or information used in this report which is sourced from third parties.
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