HDFC Bank Limited

Large Indian bank offering retail, business, and treasury financial services

What HDFC Bank does

HDFC Bank is a Mumbai-based bank that serves individuals and businesses, mainly in India, with offices in Bahrain, Hong Kong, Singapore, and Dubai. It offers savings and current accounts, fixed deposits, a wide range of loans, credit and debit cards, and digital payment services. It also sells insurance and investment products and provides trade, treasury, and cash management services to companies.

How HDFC Bank makes money

It earns interest income by lending out customer deposits as home, personal, car, business, and agricultural loans at higher rates than it pays depositors. It also earns fees from cards, payments, trade and forex services, and from distributing insurance and investment products, plus income from its treasury and insurance businesses.

Products & services

• Savings, current and fixed deposit accounts
• Home, personal, car and gold loans
• Credit, debit, prepaid and forex cards
• Working capital, project and supply chain finance
• UPI, NEFT, RTGS and mobile/online banking
• Insurance and investment products