Documentation related to MyBusiness Digital Banking

The fully digital onboarding process on the MyBusiness Digital Banking digital banking platform is accompanied by very minimal documentation for setting up fund transfer limits. 

Below is the list of documents required for setting up the fund transfer limit:

• Sole Proprietorships, Individual Current Accounts- Limit of Rs. 10 lakh per day is available by default, without the need for any forms or documentation.
• Individuals, HUFs, Sole Proprietorships- Duly filled form needs to be submitted at your nearest HDFC Bank branch. No additional documents are required for eligible account holders.
• Partnership Firms- Duly filled form along with a partnership letter in the prescribed format is required to be submitted at your nearest HDFC Bank branch.
• Company- Duly filled form along with a Board Resolution in the prescribed format is required to be submitted at your nearest HDFC Bank branch.

Points to note regarding fund transfers: 

• Default Fund Transfer limit of ₹ 10 Lakh per day is extended to Individual and Sole Proprietor customers.  

• Physical Fund Transfer limit change form to be submitted for limit enhancement  

So, what are you waiting for? Get all your business and banking activities in one place now with the HDFC Bank MyBusiness Digital Banking portal. Register now! "