HDFC Bank launches instant SIP feature via SmartWealth app – CNBC TV18

HDFC Bank launches instant SIP feature via SmartWealth app – CNBC TV18

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HDFC Bank has launched updates to its SmartWealth app. One of the key additions is the Instant SIP, which allows users to invest in mutual funds on the same day they identify an opportunity. This feature enables users to capitalise on favorable market conditions immediately, HDFC Bank said.

It caters to those who wish to respond quickly to market changes.

Alongside the Instant SIP, the Unified Dashboard has received a makeover. It now provides a consolidated view of all investments, including mutual funds, demat accounts, and fixed deposits.

This revamped dashboard offers users a clearer understanding of their overall financial health, simplifying money management and keeping users informed.

The Streamlined Deposits feature has also been enhanced. It now allows quicker and more intuitive deposit booking, enabling users to select their preferred bank branches easily.

Additionally, customers can view the best interest rates upfront, making the deposit process more efficient.

With these updates, HDFC Bank’s SmartWealth app aims to provide users with agile and informed investment options.

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