What is HDFC Full Form in Hindi, what is HDFC Bank, what are the services of HDFC Bank, where is the Headquater of HDFC Bank located. If you are looking for answers to these questions related to HDFC, then this post is for you only.
Today I am going to give you information about HDFC in this post. I hope that whatever you want to know about HDFC, you must get it in this post. If you want to understand better about HDFC, then definitely read this post completely.
Friends, as you would know how important it is to have a bank, if we want to save or take a loan, we cannot do all this without any bank, for this it is necessary to have banks, let’s know HDFC Full Form in Hindi What is and what is HDFC Bank.
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विषय-सूची
HDFC Full Form in Hindi What is the history of HDFC Bank
The full form of HDFC is Housing Development Financial Corporation. It is called Housing Development Financial Corporation in Hindi. HDFC Housing Development Financial Corporation Bank Limited is an Indian banking and financial services company. Headquarters of this bank are in Mumbai, Maharashtra. About 84, 325 employees work in this. On 26 February 2000, Times Bank was acquired by HDFC Bank with the approval of Reserve Bank of India.
The merger of Times Bank with Housing Development Financial Corporation (HDFC) Bank was the first merger of private banks. HDFC Bank acquired Centurion Bank of Punjab on 23 May 2008. As of June 2017, HDFC Bank had 4,715 branches and 12,260 ATMs operating in 2,657 cities.
HDFC Bank organized 1,115 blood donation camps on 6 December 2013 at 709 places in which 61,902 people donated blood which was included in the Guinness Book of World Records.
The merger of Times Bank with Housing Development Financial Corporation (HDFC) bank was the first merger of private banks. HDFC Bank acquired Centurion Bank of Punjab on 23 May 2008. As of June 2017, HDFC Bank had 4,715 branches and 12,260 ATMs operating in 2,657 towns.
HDFC Bank organized 1,115 blood donation camps on 6 December 2013 at 709 places in which 61,902 people donate blood which was included in the Guinness Book of World Records.
- HDFC Bank Ltd
- HDFC Realty Ltd
- HDFC Holdings Ltd
- HDFC Developers Ltd
- HDFC Investments Ltd
- HDFC Venture Capital Ltd
- HDFC Trustee Company Ltd
- HDFC Property Ventures Ltd
- HDFC Ergo General Insurance Company Ltd
- HDFC Standard Life Insurance Company Ltd
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History of HDFC –
The history of HDFC company has been very interesting. HDFC was incorporated as a Public Limited Company on 17 October 1977. At that time this company was promoted by the Industrial Credit and Investment Corporation of India. In 1980, it introduced the loan linked deposit scheme, in which one had to start with a passbook account with HDFC to become eligible for the loan.
After this, again in 1981, HDFC started the Non-Resident Certificate Deposit Scheme. It then introduced the Home Saving Plan in 1985, which enabled every individual to buy a house at the rate of 8.5% per annum. Friends, in 1986, it introduced a service called Advanced Processing Facility under which builders could provide finance to individuals buying housing in their projects.
After this again in 1994, HDFC promoted HDFC Bank to offer banking services. It was a private sector bank which was established with the approval of RBI. In 1999, it launched its website www.hdfcindia.com, which is now known as www.hdfc.com.
In 2000 it incorporated HDFC Standard Life office in Mumbai and after a joint venture with Chubb Corporation in 2002, USA promoted HDFC Chubb General Insurance Company Limited to offer general insurance. Friends, in 2009-10, it offered HDFC Systematic Savings Plan. It was a monthly savings scheme with a variable rate of interest.
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What is HDFC Full Form in Hindi and what is HDFC Bank?
HDFC Stands for “Housing Development Financial Corporation (Housing Development Financial Corporation)”. HDFC is called “Housing Development Financial Corporation” in Hindi. It provides other facilities related to banking in India as well as in many countries of the world.
This company was incorporated in the year 1994 with its registered office. Presently Mr. Keki Mistry is its Vice Chairman and Mr. Aditya Puri is also its CEO. Its Headquarter is present in Mumbai, Maharashtra.
It is a private institution. In 2000, HDFC Bank merged Times Bank and in 2008 Centurion Bank of Punjab also merged with itself. It has 3336 branches and 11,473 ATMs in India.There are 84,325 employees working in this company. Its Total Revenue is 81,602 Crores. Its Total Operating Income is 25,732 Crores and its Net Income is 14,550 Crores.
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HDFC Bank’s Service
HDFC Bank provides many services related to the bank in different countries of the world as well as in India. Some of the names of the service provided by HDFC Bank are as follows-
- Credit Cards
- Consumer Banking
- Corporate Banking
- Finance And Insurance
- Investment Banking
- Mortgage Loans
- Private Banking
- Wealth Management
- Personal Loans
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HDFC Bank world record
HDFC Bank organized 1,115 blood donation camps on 6th December 2013 at 709 places in which 61,902 people donated blood which was included in Guinness Book of World Records.
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