Skip to main content

MoneyWorks4Me

HDFC Bank launches a new mobile application for instant money transfers

17 Mar 2015 Evaluate

HDFC Bank, the second-largest private sector bank in India, has launched Chillr, a mobile app that allows users to instantly transfer money to any contact in their phonebook. It is a first-of-its kind application that is linked directly to customers’ bank accounts. The bank has partnered with MobME, a Kochi-based technology firm, to launch this app.

With this new application, the bank’s customers can transfer money to any person in India once they download the app and register. The application works on the Android and iOS operating systems and will soon be launched for the Windows phone as well.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services to its 28.9 million customers. The bank offers all services under one roof right from savings account, current account, demat account, auto loans and agriculture loans.

Peers
Company Name CMP
HDFC Bank 692.30
ICICI Bank 1394.00
Axis Bank 1214.70
Kotak Mahindra Bank 461.00
Indusind Bank 840.00
View more..