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HDFC LOAN AND AGENT SM CODE

19722 views 5 replies

Hdfc offer loan.
Hdfc agent says please put my SM code, I will get the benefit.
I have internet banking I can handle all this. Is there any disadvantage to giving the agent SM code in this process?

Replies (5)
Quick Summary
Providing an agents SM code in HDFC loan process usually only credits the agent and does not change loan terms. Ensure no sensitive data is shared and apply directly if preferred for better control.

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I think, providing the agent's SM code while applying for a loan doesn't directly affect your loan terms or process. However, ensure the agent doesn't misuse your personal information or banking details, as you remain responsible for your account security and transactions.

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