HDFC Bank, one of India’s leading private sector banks, offers a range of forex products and services to cater to the needs of travellers. One such product is the HDFC Forex Card, which is a prepaid card that can be loaded with multiple currencies, enabling travellers to transact in multiple currencies while travelling abroad.
When it comes to reloading the HDFC Forex Card, the bank has made it easy and convenient for customers to do so. The card can be reloaded through various channels, such as online, mobile banking, or by visiting any HDFC Bank branch. The amount of money that can be reloaded on the card depends on various factors, such as the customer’s eligibility, the purpose of travel, etc.
The maximum limit for reloading the HDFC Forex Card is USD 10,000 or its equivalent in other currencies, per financial year. This means that customers can reload up to USD 10,000 on their card in a financial year, which runs from April to March. However, this limit is subject to the prevailing regulations of the Reserve Bank of India (RBI) and the Foreign Exchange Management Act (FEMA).
Customers can reload their HDFC Forex Card by logging into their HDFC Bank NetBanking account and following a few simple steps. They need to select the ‘ForexPlus Card’ option under the ‘Cards’ tab and then click on the ‘Reload Forex Card‘ option. They will be required to enter the amount they wish to reload and select the currency they want to load. They can then make the payment through their HDFC Bank Savings account or any other bank account.
Customers can also reload their HDFC Forex Card through the HDFC Bank mobile app. They need to log in to the app and select the ‘Cards’ option. They will then need to select the ‘ForexPlus Card’ and click on the ‘Reload Forex Card’ option. They can enter the amount they wish to reload and select the currency they want to load. They can then make the payment through their HDFC Bank Savings account or any other bank account.
Alternatively, customers can also visit any HDFC Bank branch to reload their Forex Card. They need to carry their Forex Card and a valid ID proof, such as a passport or Aadhaar card. They can then fill up the reload form and submit it along with the required documents. The amount will be loaded onto the card instantly.
It is important to note that the reload amount on the HDFC Forex Card should be within the overall forex entitlement as per RBI guidelines. The entitlement varies depending on the purpose of travel, such as business, education, medical treatment, etc. Customers should ensure that they comply with these guidelines while reloading their Forex Card.
In conclusion, the HDFC Forex Card is a convenient and secure way to carry foreign currency while travelling abroad. Customers can reload their Forex Card easily through various channels, such as online, mobile banking, or by visiting any HDFC Bank branch. The maximum limit for reloading the card is USD 10,000 or its equivalent in other currencies, per financial year, subject to RBI and FEMA regulations. Customers should ensure that they comply with these regulations while reloading their Forex Card.
