I missed paying my RD installment in HDFC. What should I do now?
Paying Missed RD Installment in HDFC
Missing an RD installment can happen, but HDFC has a process.
Steps
- Log in to HDFC NetBanking/MobileBanking.
- Go to Deposits → RD → Pay Installment.
- Pay the missed installment via linked savings account.
Penalty
- Usually ₹10 per ₹1000 missed installment.
- Excessive delays may cause RD to be discontinued.
Pro Tips
- Always set up auto-debit to avoid penalties.
- If you miss more than 5 installments, the bank may close your RD.