HDFC Bank has inked an agreement with Employees Provident Fund Organisation (EPFO) for collection of remittances and payments to beneficiaries, at zero transaction charges. Employers having bank account with the bank can now deposit PF dues directly in EPFO’s account using internet banking on real time basis instead of going through the aggregator mode.
HDFC Bank is one of India’s premier banks providing a wide range of financial products and services to its 37 million customers across hundreds of Indian cities using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.
