How to Reverse a Bank Transaction ?

Let me tell you the truth, you can never opt for a reverse transaction once it gets debited from your account. I believe there is not even a 10% chance to get it back. My friend, by mistake, paid Rs 2K to a seller, but he did not receive it. On checking, she noticed that she had entered the wrong number and that the message had gone to someone else. She rushed to her bank and asked for a transaction reversed HDFC but the bank could not do anything. She called the person, but after getting a few calls, he also blocked her.

Is HDFC reverse transaction?

A reverse transaction is only possible if you have entered the wrong details and the account is not valid. But always register a complaint with the bank. They can easily reach out to the person and take the necessary action. It will, however, depend on the recipient whether he/she wants to refund the money or not. If the person denies it, you can do nothing about it. So be it HDFC, SBI, Axis, or some other bank, the rule remains the same for all.

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I think no one hasn't made an error during an online transaction. The inaccuracy of a single digit in a phone number or account number can lead to a very pricey mistake. It has happened to me as well. I will share with you how to reverse a bank transaction in the paragraphs below. 

You can visit a local bank branch. Speak to a manager and submit a written application of sharing details about the wrong transfer. Attach proof like screenshots. The bank will act as a facilitator. They will share with you details of the bank and branch of the account where the money has been transferred

The bank or merchant will contact the unintended recipient. They will counteract a reversal through deflection or representative.You will get the money by either of the three methods: authorization reversal, refund, or by chargeback. 

You can visit the HDFC website and contact the bank via their online portal. You can send them an email or use the helpline number given there. Most banks have these details on their website. 

HDFC helpline number is  1800 202 6161 / 1860 267 6161 (accessible across India ). If you wish to escalate the problem. You can contact or email the Bank ombudsman as well. 

This is all from my end on ‘how to reverse a bank transaction in HDFC’.