HDFC Securities, the 10-year-old stock broking arm of HDFC Bank, has unveiled an electronic will writing service. The electronic will, or e-will, can be generated quickly and conveniently in 3 simple steps. The whole process takes no more than 30 minutes and can be completed from anywhere with just a few mouse clicks. This service is among the first of its kind in India. It enables individuals to securely draw up a tenable e-will online with the utmost ease and convenience.
The company has launched the service in collaboration with its legal partner WillJini, which assists individuals to write their personal ‘e-will’ online in about 30 minutes without any phone calls or emails or meetings. At present, the service, for which a fee of Rs 4,000 is levied, is available to customers of HDFC Bank only.
HDFC Bank is one of India’s premier banks providing a wide range of financial products and services to its 28.9 million customers. As of June 30, 2014, the bank had a distribution network with 3,488 branches and 11,426 ATMs in 2,231 cities/towns.
