HDFC Bank inks pact with ngpay; launches "Complete banking solution" on mobile phones

HDFC BankHDFC Bank has announced the launch of its fund transfer service on ngpay, a mobile solution brand from JiGrahak Mobility Solution, to provide a full suit of banking and commerce services through mobile phones.

With the launch, the bank's customers can now get account statements, enquire about cheque status, send cheque book requests, get fixed deposit enquiry and transfer fund to any HDFC or any other non-HDFC bank account holder using the ngpay platform.

In an official release, HDFC bank stated that the fund transfer between 2 HDFC Bank accounts will happen in real-time while, in case of non-HDFC Bank account, it will happen within 48 hours.

The customers of HDFC bank, apart from using the application for e-banking activities, can also avail other services including booking of movie, air, rail and bus tickets, shopping and making payments.

The bank claims that this service will be the first in India to offer full suite of services on a single platform.

ngpay application can be downloaded on any GPRS-enabled mobile phone by sending a SMS "ngpay" to 56767 or by simply visiting www. ngpay. com.

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