As a platform, HDFC Bank MyBusiness Digital Banking​​​​​​​ covers management of business payments and collections, payroll, trade transactions, taxes, etc., while keeping the customer close to their personal banking information as well. You, as a customer, can use HDFC Bank MyBusiness Digital Banking​​​​​​​ to carry out the bulk of your day-to-day business tasks and your entire personal banking activities from the platform itself.  

Here is a glimpse of the stellar features that HDFC Bank MyBusiness Digital Banking offers you, 

  • Multiple customer IDs - HDFC Bank MyBusiness Digital Banking allows you to link business and personal customer IDs to one user ID. 

  • Personal banking functionalities - You can view account balances, download statements, transfer funds via NEFT, RTGS and IMPS, manage cheques and more. 

  • Credit Card information - Manage cards effortlessly as business Credit Card details, statements and hot listing function 

  • Select insurance products - You get a direct link to information and purchase HDFC Ergo General Insurance products. 

  • Single sign-on access - MyBusiness Digital Banking​​​​​​​ facilitates single sign-on access to the existing Trade on Net platform for all trade-related activities. Single sign-on is also available for the SME Digital platform, which gives you access to business finance products like working capital, overdraft and cash credit.  

  • Managing trade transactions and working capital - You can apply for BG and L/C through MyBusiness Digital Banking, facilitate international remittances, submit export-import documents, upload stock statements, get real-time updates and more. 

Making HDFC Bank MyBusiness Digital Banking even more business-friendly are these Value-Added Services offered by our empanelled vendor: 

  • Business transaction management - The invoicing, collections, payables management and reconciliation activities of your business can be done directly through HDFC Bank MyBusiness Digital Banking

  1. Create and send GST-compliant invoices. 

  1. Track payments against raised invoices. 

  1. Track vendor bills and due dates and make part payments and outstanding payments. 

  1. Reconcile payables and receivables on the platform. 

  1. Use manual overrides to enter cash transactions. 

  • GST - You can calculate GST, create challan and pay GST through the platform. 

  • Payroll - You can process payroll, manage TDS, create salary slips, and modify employee data through HDFC Bank MyBusiness Digital Banking

  • ERP integration - HDFC Bank MyBusiness Digital Banking​​​​​​​ has plugins with leading ERPs, so you can  sync your ERP transactions. 

Disclaimer: Value-added services are offered by empanelled vendors.