The UPI services of one of the largest private banks in India will remain suspended for 2 days in November 2024 because of essential system maintenance. The UPI services will be unavailable during these two days as per the announcement made by the bank. The bank has announced the dates and timings of the suspension of UPI services. The UPI services will not be available as there will be essential system maintenance work going on during these dates.
HDFC bank has announced that its UPI service will be closed between 12 am to 2 am on 5th Nov. Following this, the UPI services will again get suspended on 23rd Nov, for three hours from 12 am to 3 am.
During these days, the financial and non-financial UPI transactions on HDFC Bank Current & Savings account and RuPay Credit Card will not be able for the users. Financial and non-financial UPI transactions on HDFC MobileBanking app, Gpay, WhatsApp Pay, Paytm, Shriram Finance, Mobikwik and Kredit.Pe for all the bank account holders using the HDFC Bank UPI handle will also be unavailable for the users. Additionally, the UPI transactions will be unavailable for the merchants acquired by HDFC Bank.
The Bank has informed the customers about the unavailability of UPI services and also stated the reason behind it. The bank has stated that in order to enhance the user’s banking experience, the bank will undergo essential system maintenance on these dates.
In the announcement, HDFC bank has urged the users to co-operate with the bank and wrote, “We appreciate your understanding and cooperation as we work to enhance the efficiency of our services. Thank you for your continued trust in our services.”
HDFC Bank Limited is an Indian banking and financial services company which is headquartered in Mumbai. It is one of the India's largest private sector banks by assets and also the world's tenth-largest bank by market capitalization.
The Reserve Bank of India (RBI) has considered the HDFC Bank, State Bank of India, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs), and are referred as banks that are ‘too big to fail’.