Industrial Development Bank of India(IDBI) Bank offers its customers a robust, secure, and user-friendly platform for online banking services through its IDBI Net Banking portal.
This digital banking solution empowers customers to conduct various financial transactions, such as funds transfers, bill payments, and account management. IDBI Net Banking aims to provide a seamless banking experience while ensuring adequate security and reliability standards for its users.
Read on to learn everything about IDBI net banking and make the most of their services!
How to Register for IDBI Net Banking?
You can simply follow the steps below to complete your IDBI Net Banking registration:
- Make sure you have your IDBI customer ID. If you don’t have it yet, you can get it by contacting customer service using your registered mobile number.
- Get your IDBI account number, debit card, and the relevant ATM PIN.
- Have your IDBI Bank registered mobile number handy, as it is required for receiving the One Time Password via SMS for registration.
- Visit the IDBI Net Banking website using any device.
- Select the “First Time User” button and click the “Register Here” button.
- Adhere to the instructions displayed on the screen.
- Upon successful verification, your registration process will be complete.
How to Log-in into IDBI Bank’s Net Banking Service?
Access the IDBI Bank online banking system by following these easy steps:
- Go to the IDBI Bank online login homepage.
- Click the “Login” button after choosing the appropriate account type.
Please read the posted security rules carefully.
- To proceed to login, select the button that says “Continue.”
- Simply fill in your username and password to access your account. To proceed, please select “Login.”
How to Transfer Funds Using IDBI Bank Net Banking?
Follow these simple steps to send money using IDBI Online Net Banking:
- Log in to the IDBI online banking system using your Customer ID and password. Ensure you have a personal or corporate IDBI login to transfer money to another person or company.
- Choose the “Transfers” option and click “Start” to begin the process.
- Select “National Electronics Funds Transfer” on the next page.
- Choose “Make a Payment to a Registered NEFT Beneficiary.”
- Pick the appropriate recipient from the list displayed on the screen. If the account is not yet listed as a beneficiary, you must add it first.
- Click the “Make Payment” button after selecting the recipient.
- The beneficiary’s name and account details, including the account number, will appear on the screen.
- Input the transfer amount and the account number, then proceed to the “Pay” step.
- Your Customer ID and Transaction Password will be required on the next page.
- After providing the required information, click “Confirm” to finalise the process.
You can easily transfer funds using IDBI Net Banking following these straightforward steps.
IDBI Net Banking: Daily Limits and Charges
The section below encapsulates the charges and daily limits, if any, imposed by the IDBI bank.
Inward Transactions: FREE
- Rs. 2 lakhs to Rs. 5 lakh – Not exceeding Rs. 30 per transaction
- Above Rs. 5 Lacs – Not exceeding Rs. 55 per transaction
The following is a breakdown of the daily limits and fees for various IMPS mode transaction amounts:
- Up to Rs. 1,000: Free of cost
- More than Rs 1,000 and less than Rs 1,000,000: Rs. 15
- More than Rs 1 lakh: Rs. 15
How to Reset Your IDBI Bank Net Banking Password?
Here is a simplified, step-by-step guide to changing your IDBI Bank online banking password:
- Go to the IDBI Bank online banking website.
- On the sign-in page, select the “Forgot Password” option.
- Enter your user ID, user type, mobile number, and preferred method of receiving the password.
- Choose the specific service for which you are generating a new password.
- Follow the necessary steps to create a new password.
- Click “Submit” to complete the process.
Advantages of IDBI Bank’s Online Banking Service
IDBI Bank’s online banking service is designed to give customers a user-friendly platform for managing their finances efficiently and securely.
With its range of features, including easy access to financial information, convenient online payments, and investment options, users can enjoy a simplified banking experience tailored to their needs.
- Comprehensive Account Updates: Customers can easily monitor their accounts’ activity, including cash flow and loan repayments. They can also view, download, and print account statements, clearly showing their financial history.
- Access to DEMAT Account Data: Online banking provides access to DEMAT account information, including the account holder’s name, mailing address, and account number. Customers can also retrieve statements of holding and transaction statements, offering detailed insight into their investments.
- Online Investment Options: IDBI Bank’s online banking platform offers access to the stock market and investment fund options. Customers can invest in AMC Investment Funds, broadening their financial portfolio and creating new opportunities for wealth generation.
- Online Instructions and Requests: IDBI Bank enables customers to place online requests for chequebooks, stop payment orders, and open or renew fixed and recurring deposits. Customers can conveniently recharge their mobile phones and DTH services or apply for IPOs through the ASBA facility.
- Online Payment Services: The bank offers a direct debit payment gateway service, allowing customers to make online payments for purchases or services from e-commerce merchants, online share trading portals, and AMCs selling mutual funds, among others.
- Bill Payment and Presentment: Through the Electronic Bill Presentment and Payment (EBPP) feature, IDBI Bank customers can pay their utility bills online via the bank’s Internet banking service or by visiting the service provider’s website.
To Sum Up
IDBI Net Banking provides a secure, user-friendly platform for customers to manage their finances effectively. The platform enables customers to perform various transactions, such as fund transfers, bill payments, and account management. With a range of features like comprehensive account updates, access to DEMAT account data, online investment options, and online payment services, IDBI Net Banking offers a seamless banking experience tailored to its users’ needs.
Q. How to Register for IDBI Bank Net Banking?
To register for IDBI Bank Net Banking, visit their website, provide your customer ID, account number, ATM pin, and registered mobile number, and follow the instructions.
Once registered, you can easily log in to your account, transfer funds, and access financial information. IDBI Bank’s online banking service also offers convenient online payments and expanded access to merchants and service providers.
Q. Are there any restrictions on how much money I can transfer using IDBI Bank net banking?
IDBI Bank net banking imposes limits on the amount of money that can be transferred, which can vary depending on your account type and transaction. You can check your limits by logging in to your net banking account or contacting IDBI Bank customer support.
Q. Is transferring funds to other banks using IDBI Bank net banking possible?
With IDBI Bank’s net banking, transferring funds to other banks is simple. Go to the “Fund Transfer” section, input the beneficiary’s bank account details, including account number and bank details, and complete the transfer.
Q. How do I avail SMS banking services of IDBI bank?
IDBI Bank offers a complimentary SMS Banking service to all customers with Savings, Current Accounts, or Fixed Deposits at the bank. This facility has no extra charge, although some mobile service providers may impose nominal fees. Some providers even offer this service free of charge. To utilise SMS Banking, no special device is needed; a standard SIM card is sufficient for sending SMS messages.
Q. After submitting a request for an additional or supplementary card, how much time is required for processing?
It generally takes the bank 5-7 business days to process a request for an extra or supplementary credit card. Before the bank proceeds with the request, you may need to provide a few necessary documents.