HDFC Bank launches SmartUp for start-ups

HDFC Bank Ltd has launched SmartUp, a first-of-its-kind dedicated solution for start-ups in Kolkata.  SmartUp is HDFC Banks tailored solution to meet all the banking requirements of start-ups, and offers banking and payment solutions, along with advisory and forex services.

Launched in association with Nasscom, an IT and BPO industry body which is running the 10,000 Start-ups initiative,thissolution is aimed at scaling up the start-up ecosystem in the country. This initiative is part of a larger effort by HDFC Bank to create an ecosystem to nurture the spirit of innovation and enterprise in the start-up space.

The benefits of SmartUp 

  • Enhanced transaction limit with no minimum balance requirement for first six months
  • Customized Salary Account offering coupled with best-in class services and largest suite of product range
  • PayZapp for Business – for providing invoicing, delivery and collection solutions and secure money transfer
  • Dedicated Relationship Manager for taking care of all banking needs as well as investment advisory
  • Recommendation of a Chartered Accountant for Tax, Regulatory and Compliance issues.

HDFC Bank Limited (Housing Development Finance Corporation) is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It has about 76,286 employees including 12,680 women[6] and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is the second largest private bank in India as measured by assets. It is the largest bank in India by market capitalization as of February 2016. It was ranked 58th among India’s most trusted brands according to Brand Trust Report, 2015.


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