[PDF] 1 Click to Download IDBI Bank RTGS/NEFT Form Online

Download IDBI Bank RTGS/NEFT : Nowadays, when customers’ time is the very essential, IDBI bank offers RTGS or Real Time Gross Settlement / NEFT or National Electronic Fund Transfer payments and Receipts system. It is a solution for the most efficient and faster settlement system for its customers. Account holders of IDBI bank can transfer money via RTGS/NEFT by filling up the IDBI RTGS/NEFT form.

Download IDBI Bank RTGS/NEFT Form Online

For downloading the RTGS/NEFT form, you need to follow the following steps –

  • Visit the official site of the IDBI bank at www.idbibank.in.
  • Click on the ‘Personal’ tab.
  • Then, you will see 4 options over there. Now you have to click on the ‘Apply Now’ button.
  • You will see 3 options, now click on the ‘Download Form’ option.
  • After, clicking on the download form you will see various links for downloading the different forms.
  • Finally, you have to click on ‘Application form for DD/NEFT/RTGS’
  • And you will get a PDF and you can download the same.

Also, you can click on this link for directly downloading the RTGS/NEFT form without visiting the bank website

How to Fill the RTGS/NEFT Form?

Customers of the IDBI bank has to first fill the RTGS/NEFT form to use the IDBI RTGS/NEFT Services. The IDBI bank RTGS/NEFT form is divided into two different parts.

Part 1 of the Form – Filled by Customer

The 1st part of the RTGS/NEFT form will be filled by the customers. And the customers need to fill the details clearly and properly and then they can submit the form to IDBI bank. The following are some of the details you have to provide in the RTGS/NEFT form. 

  • Firstly, you need to fill the Beneficiary Name, Address, and the Account number.
  • Then, you have to fill Beneficiary Bank, Beneficiary bank account type, IFSC Code and the amount need to be transferred.
  • After that, you have to provide the details of the Applicant i.e. your details. Details will be like your name, PAN number, Phone number, Address, and purpose of the Remittance.
  • Finally, after filling the complete details you have to Sign on the RTGS/NEFT form and then you can submit the same to the bank.      

Part 2 of the Form – Filled by Your bank

The second part of the form is the acknowledgment of the RTGS transfer and this is to be filled by the IDBI bank. Bank will give you the ‘Acknowledgement Slip’. This slip you can further use in case of filling any complaint if your fund did not transfer to the beneficiary account.  

IDBI Bank NEFT and RTGS Timings and Charges

RTGS – Real Time Gross Settlement:

If you are using the RTGS transfer than you need to know that the transferred amount should be more than the 2 lakhs rupees.

  • RTGS Charges:
Amount  Charges (excluding of all taxes)
Rs 2 Lakhs – Rs. 5 LakhsRs. 30/ transaction
Above Rs. 5 LakhsRs. 55/ transaction
  • RTGS Timing:
Days  Timing
Monday to Friday9 AM to 4:15 PM
Saturday (excluding 2nd and 4th)9 AM to 1 PM

NEFT – National Electronic Fund Transfer:

And the limit of transferring the amount through the NEFT is less than 2 lakhs rupees. The customer can only transfer less than 2 lakhs to many other bank account.

  • NEFT Charges:
Amount  Charges (excluding of all taxes)
Up to Rs. 10kNo Charges
Rs. 10, 001 – Rs. 1 LakhsRs. 5 / transaction
Rs. 1 Lakhs – Rs. 2 LakhsRs. 15 / transaction
Rs. 2 Lakhs AboveRs. 25 / transaction
  • NEFT Timing:
Days  Timing
Monday to Friday9 AM to 7 PM
Saturday (excluding of 2nd and 4th)9 AM to 1 PM

Conclusion

In conclusion, Real Time Gross Settlement (RTGS) / National Electronic Fund Transfer (NEFT) are the modes of the money transfer in India. Many nationalized banks and private banks offer this feature of electronic money transfer to their users. Using RTGS/NEFT, the beneficiary will get the amount in real-time as soon as the amount is transferred. You need to make sure that the information provided in the IDBI RTGS/NEFT form is correct.  

My name is Lovely Singh and I have spent the past 5 years building money making blogs. I love to read, write, explore and try new things and I believe in creativity that is beneficial for society. I am a full-time writer and blogger specializing in entrepreneurship, banking, technology, education, and social media.

Leave a Comment