HDFC Bank account will not working on next week: including UPI, ATM withdrawals
"This migration aims to improve performance speed, increase the ability to handle higher traffic volumes, and increase reliability and scalability," the lender said in a statement.
Housing Development Finance Corporation (HDFC) Bank will conduct system upgrade on July 13, 2024. The bank is migrating its Core Banking System (CBS) to a new engineered platform that will improve customer experience for its large customer base of 93 million individuals and businesses nationwide.
“This migration aims to improve performance speed, increase the ability to handle higher traffic volumes, and increase reliability and scalability,” the lender said in a statement. During this 13-and-a-half-hour window, customers will have limited access to certain services, HDFC Bank said.
HDFC Bank’s scheduled upgrade details:
Start: 3:00 AM on Saturday, 13th July 2024
End: 4:30 PM on Saturday, 13th July 2024
During this 13-and-a-half-hour window, customers will have limited access to certain services:
HDFC Bank’s scheduled upgrade: Services Available
Net & Mobile Banking UPI: Available, except from 3:00 AM to 3:45 AM and from 9:30 AM to 12:45 PM.
Bill Payments: Adding new billers and viewing existing ones.
Demat, Cards, and Loans: Viewing services only.
Mutual Funds: Redemptions, switching, viewing, and inquiries.
WealthFy Reports: Risk profile and systematic section management.;
HDFC Bank’s scheduled upgrade: Services not available
All other NetBanking & MobileBanking services from 3:00 AM to 4:30 PM.
Cash Withdrawal:
Debit and Credit Cards: Withdrawals up to a restricted amount from any ATM.
The account balance was displayed at 7:30 PM on Friday, 12th July 2024.
Shop & Pay:
Debit Cards, Credit Cards, and UPI:
In stores: Limited transactions on swipe machines.
Online: Limited online purchases.
Card Management:
Hotlisting cards, PIN resets, and other card-related activities continue.
Merchants can receive payments via cards, but updates for the previous day’s payments will be available after the upgrade is completed. The bank has chosen a second Saturday, a bank holiday, for this upgrade to minimize customer inconvenience. Customers are advised to plan their banking activities accordingly.
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