MoneyWorks4Me

HDFC signs MoU with Bihar State Power Holding Company

22 Dec 2016 Evaluate

HDFC has signed a Memorandum of Understanding (MoU) with Bihar State Power Holding Company for online electricity bill payments in a quick and convenient manner by any debit card, credit card, or net banking facility, from the comfort of their homes or offices in Bihar. As part of agreement, the Bank will provide its electronic cash management platform for the payment of fee through RTGS, NEFT & Electronic Fund Transfer.

HDFC offers a whole gamut of products like loans to individuals, loans to corporates, construction finance, and lease rental discounting. The financial conglomerate has subsidiaries and associates in insurance (general and life), asset management, education finance, venture funds and banking services.


Peers