New Delhi: India’s largest private sector bank, HDFC Bank has decided to set a threshold for UPI transactions for which it will share SMS alerts to accountholders. With effect from June 25,2 024, HDFC Bank will not share SMS updates for UPI transactions wherein money received was less than Rs 500 and money sent was less than Rs 100.
In an email communication to accountholders, the lender stated that while UPI transaction alerts will be sent via email, SMS alerts will only be triggered on crossing specific thresholds mentioned above. HDFC Bank offers multiple alert options to customers. Here’s how to register for email alerts:
For email alerts, visit: https://instaservices.hdfcbank.com/?journey=107&source_type=103
Share your registered mobile number
Verify date of birth/ PAN/ customer ID
Select ‘get OTP’
How to deactivate insta alerts
You can also deactivate insta alerts via netbanking.
Visit the online banking website of HDFC Bank.
Log in to your account
Select ‘insta alerts’ and enter the account number for which you wish to stop alerts
Select alert types and click ‘delete’
Select ‘confirm’
Alerts will be de-registered
How much does HDFC Bank charge for Insta Alerts
HDFC Bank charges Rs 3 per quarter for SMS alerts
Going forward, the bank will charge only 20 paise + GST for every SMS
HDFC Bank has decided to place curbs on SMS alerts for UPI transactions by sharing a minimum threshold for money received or paid/ sent via UPI, the peer-to-peer and peer-to-merchant payments service developed by the NPCI. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
