You’re on the right track, but I’d be careful with the bank transfer. In India, it’s usually much safer to go directly through the SHCIL e-Stamp portal since that’s the official way to pay stamp duty. Instead of trying to force that strange account number into HDFC’s system, check the SHCIL site first; they usually tell you exactly how to make the RTGS/NEFT payment. It’ll save you from having the payment bounce or getting stuck in a delay.

If you're new to investing and don't know much about money things, a SIP is a really easy way to get going. In India, you can begin with just ₹500 a month. It's like putting a little bit of money aside regularly, making it super simple to save.

For a safe start, try Large-cap mutual funds. These funds put your money into big, reliable companies, making them less bumpy than investing in smaller ones.

Some good choices are the SBI Bluechip Fund, Nippon India Large Cap Fund (Direct Plan), and Parag Parikh Flexi Cap Fund (Direct Plan). While the Quant Small Cap Fund (Direct Plan) can grow faster, it's also riskier. These funds aim for consistent, steady growth.