As one of the leading private-sector banks in India, HDFC (Housing Development Finance Corporation Limited) Bank’s electronic fund transfer services are trusted and frequently used by its customers. Through this comprehensive guide, we aim to inform you about the RTGS (Real-Time Gross Settlement) funds transfer system supported by HDFC and ways you can access the HDFC RTGS form to initiate the transfer process.
The following table shows an overview of the HDFC Bank RTGS form.
| HDFC RTGS Form – Overview | |
| Type of form | HDFC RTGS form |
| Name of bank | HDFC Bank |
| Official website | HDFC |
| Language | English |
| Uses of form | Online Transfer of Funds |
| Minimum limit | ₹2,00,000 |
| Maximum limit | ₹50,00,000 |
| Beneficiary | A holder of any bank account |
| HDFC RTGS form PDF | Download PDF |
What Is HDFC RTGS?
RTGS (Real-Time Gross Settlement) is an electronic funds transfer system. It enables continuous transfer of funds from one bank to another electronically, on a real-time basis. The RTGS system processes and settles the transfers as soon as they are made. It is considered efficient, secure, and ideal for high-value transactions.
What Is HDFC NEFT?
NEFT (National Electronic Funds Transfer) is an electronic funds transfer system, used across the nation, to transfer funds from the account of one bank to that of a different bank or different branch of the same bank.
How to Download HDFC RTGS Form?
Follow the steps mentioned below to access and download the HDFC RTGS form PDF.
- Step 1: Visit the official website of HDFC Bank.
- Step 2: Scroll down to the bottom of the home page and click on ‘Forms Centre’ under the ‘Resources’ section.
- Step 3: In the ‘Forms Centre’ page, expand the ‘Forms for Personal Banking’ section.
- Step 4: Expand the ‘Personal Banking’ sub-section.
- Step 5: Under the ‘Common Requests’ sub-section, you will find a downloadable link to the ‘RTGS-NEFT Combine Form’. Click on it.
How to Fill HDFC RTGS Form?
Some important points to consider when filling out an HDFC RTGS form:
- To ensure an error-free process and a successful transfer of funds to the beneficiary’s account, you must enter the correct beneficiary name and account number in the form.
- For the ‘Purpose of transfer’ field, select/tick the option given in the HDFC RTGS form that exactly or closely matches your actual purpose of transferring the funds.
- Before submitting the form, you should carefully double-check whether you entered the correct transfer amount.
- Make sure to enter RTGS transaction codes correctly for both the beneficiary bank and the sending bank.
- Ensure correct entries for account number, your name, and other relevant details which constitute ‘sender’s information’.
- After filling out the RTGS form completely, ensure signing it correctly.
- Carefully check and pay the RTGS fee at the bank.
How to Fill HDFC NEFT Form?
While filling out the HDFC NEFT form, ensure correct entries for the details mentioned below:
- Name and account number of beneficiary
- IFSC Code of the bank where the beneficiary holds an account
- Name, account details and phone number of the Remitter
Documents Required Along with HDFC RTGS Form
Attach the following with the HDFC Bank NEFT/RTGS form during submission at any HDFC branch.
- A debit instruction from your HDFC Bank account, or a cheque leaf containing transfer-amount, and payee name as ‘HDFC Bank Ltd. – RTGS’
- For transactions above ₹50,000, a copy of any of the following:- Aadhaar card, PAN card, Voter ID.
HDFC RTGS/NEFT Timings
| Transfer Method | Timings |
| NEFT | 24/7, 365 days |
| RTGS | 24/7 (except 11.30 PM to 00:30 AM, due to cut-off) |
Note: Some users might opt to visit HDFC branches to collect NEFT/RTGS forms. Depending on the branch location, the working hours might vary. You need to confirm the branch’s working hours and timings for all banking services by contacting the branch or by checking the official website, before physically going to the branch.
HDFC RTGS and NEFT Charges
| Amount of RTGS | Transaction Service Charges (Exclusive of GST) |
| Any amount (to be transferred online) | RTGS transactions done online are free w.e.f 1st November 2017 |
| Any amount (to be transferred by visiting the HDFC branch and submitting the RTGS form) | ₹15 + Applicable GST |
| Amount of NEFT | Transaction Service Charges (Exclusive of GST) |
| Up to ₹1,00,000 | ₹2 + Applicable GST |
| Above ₹1,00,000 | ₹10 + Applicable GST |
Note: All charges are subject to changes
What Happens if RTGS Transaction Is Not Processed on Time?
If an RTGS transfer fails within bank working hours, the sender should get the amount back to his/her account within the next 1 hour, as per policies laid out by RBI (Reserve Bank of India).
Final Word
You can conveniently avail RTGS and NEFT fund transfer services of HDFC anytime (24/7, if done online, and within bank working hours if done through submission of the HDFC RTGS form to any HDFC branch). Both RTGS and NEFT are quick, easy and secure ways of transferring significantly large amounts, with no geographical limitations within India.
FAQs
In such a case, you need to contact your HDFC bank/branch. If that does not solve the problem, you can lodge your complaint to the Customer Service Department of RBI at the following address:
The Chief General Manager,
Reserve Bank of India,
Customer Service Department,
1st Floor, Amar Building, Fort,
Mumbai – 400 001
Or, send an email to [email protected]
No, your RTGS transaction cannot be tracked. However, RBI provides you with the facility of receiving a positive confirmation of the beneficiary’s account being credited with your transferred amount.
Yes, as RTGS payments are recorded in the books of RBI, they are final and irrevocable.
You can make a NEFT transfer of up to a maximum of ₹25,00,000 through HDFC mobile banking and net banking. You will have to visit a branch to transfer funds beyond the said amount.
Disclaimer
This article is solely for educational purposes. Stable Money doesn't take any responsibility for the information or claims made in the blog.
