Download IDBI Bank RTGS Form Online PDF Format – 2024

The IDBI Bank or the Industrial Development Bank of India is a prominent development financial institution under the Life Insurance Corporation of India. Headquartered in Mumbai, IDBI Bank provides various banking services, including facilitating fast and efficient payment settlements.  Among these services, IDBI Bank offers the RTGS (Real-Time Gross Settlement) and NEFT (National Electronic Funds Transfer) facilities for the smooth transfer of funds from one bank account to another in real time. 

Here is a table showing a brief overview of the IDBI Bank RTGS form:

What is IDBI Bank RTGS?

The RTGS or the Real Time Gross Settlement by the Industrial Development Bank of India is a payment mechanism which enables the transfer of funds from one bank account to another across the country. Customers can opt for this fund transfer mechanism at any of the IDBI branches in India through offline or online mode.

What is IDBI Bank NEFT? 

All account holders of IDBI Bank can opt for NEFT or the National Electronic Funds Transfer through which they can transfer funds to other bank accounts in fixed times. Besides, IDBI Bank also allows this fund transfer even during bank holidays and after banking hours through online mode.

How to Download IDBI Bank RTGS Form? 

To download the IDBI Bank RTGS form, you can follow these simple steps:

• Step 1: Visit the official website. 
• Step 2: Log in to your account using your credentials.
• Step 3: Once logged in, navigate to the section where you can find forms or documents related to banking transactions. Look for the RTGS form option and click on it. 
• How to Download IDBI Bank NEFT Form in PDF Format? 

How to Fill the IDBI Bank RTGS Form? 

Here are the steps you can follow to fill out the IDBI Bank RTGS form easily:

• Step 1: Visit the official website of the https://www.idbibank.in/
• Step 2: Log in to your account with your credentials.
• Step 3: Download the RTGS form from the website.
• Step 4: Take a printout and fill in the required details one by one starting with the beneficiary bank name, its branch, amount to be transferred, sender bank branch name, beneficiary bank IFSC code, cheque number, and beneficiary account type.
• Step 5: Preview and double-check all the information given in the form.
• Step 6: Sign the form in the place of the beneficiary’s signature.

You can submit the duly filled RTGS form to the nearest IDBI Bank of India branch.

How to Fill IDBI Bank NEFT Form? 

Given below are the steps that you can follow to fill out the IDBI Bank NEFT form easily:

• Step 1: Visit the official website of the Industrial Development Bank of India.
• Step 2: Log in to your account with your credentials.
• Step 3: Select the ‘NEFT’ option as the mode of transfer.
• Step 4: Select ‘Add’ or ’Manage Beneficiary’.
• Step 5: Enter all the required beneficiary details in their designated places.
• Step 6: Enter the amount to be transferred along with the account details.
• Step 7: Preview and double-check all the information given in the form.
• Step 8: Sign the form in the place of the customer’s signature.

You can submit the duly filled IDBI NEFT form to the nearest IDBI Bank of India branch.

Documents Required Along With IDBI Bank RTGS Form

You can always consider visiting the nearest IDBI Bank branch to confirm the list of documents required for RTGS or resolve any queries that you may have regarding the same.

IDBI Bank RTGS/NEFT Timings

The following table shows the IDBI Bank RTGS timings:

The following table shows the IDBI Bank NEFT timings:

IDBI Bank RTGS and NEFT Charges

Here is a table showing the IDBI Bank RTGS charges:

Here is a table showing the IDBI Bank NEFT charges:

What Happens if IDBI Bank RTGS Transaction is Not Processed on Time? 

According to the Reserve Bank of India, the amount will be returned to the beneficiary’s account within an hour in case the IDBI RTGS transaction is not processed on time. Once the remitting bank receives back the amount, the original debit entry will be reversed.

Final Word

You can easily fill up your IDBI Bank RTGS form in a convenient and hassle-free manner. However, you need to be cautious about providing an error-free RTGS application to ensure you can have a smooth processing of your fund transfer.

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This article is solely for educational purposes. Stable Money doesn't take any responsibility for the information or claims made in the blog.