Download IDFC RTGS Form – Online PDF Format 2024

In October 2015, IDFC Bank was established as an Indian private-sector bank. As of 2024, the bank is widespread all over the country with its headquarters in Maharashtra (Mumbai). The bank provides a comprehensive range of banking services and products to cater to the diverse needs of its customers. 

Here, we will walk you through a detailed overview of the IDFC RTGS form while highlighting all the associated details that you need to know. 

What Is IDFC Bank RTGS?

You can choose IDFC for transferring money to any 3^rd party receiver. RTGS is mostly preferable for large-value transactions of more than ₹2 lakhs. Just remember that the receiver’s bank account must be linked with a bank that participates in RBI’s RTGS system.

What Is IDFC First Bank NEFT?

NEFT stands for National Electronic Fund Transfer System. One can choose a transaction mode to carry out a fund transfer to a bank account from the IDFC or any other bank. One must note that the receiver’s bank must participate in RBI’s NEFT mechanism. The minimum transfer limit of this mode is minimal like ₹1.

How to Download IDFC Bank RTGS Form?

To send money through IDFC RTGS, you have to download the IDFC RTGS form online. An individual can opt for both NEFT and RTGS services from the same PDF form. Follow the below-listed steps to know how you can easily download the IDFC RTGS form PDF.

•  Step 1: Visit the official website of the IDFC First Bank.
• Step 2: Navigate to the bottom of the home screen and click on the ‘Form Centre’ option.
• Step 3: Click on the ‘Wholesale Banking’ option.
• Step 4: Scroll down and click on the ‘Download’ tab beside the RTGS form.

How to Download IDFC Bank NEFT Form in PDF Format?

To send money through IDFC RTGS, you have to download the IDFC NEFT form online. An individual can opt for both NEFT and RTGS services from the same PDF form. Follow the below-listed steps to know how you can easily download the IDFC RTGS form PDF.

•  Step 1: Visit the official website of the IDFC First Bank.
• Step 2: Navigate to the bottom of the home screen and click on the ‘Form Centre’ option.
• Step 3: Click on the ‘Wholesale Banking’ option.
• Step 4: Scroll down and click on the ‘Download’ tab beside the NEFT form.

How to Fill IDFC Bank RTGS Form?

Carefully go through the below-listed steps on how to fill up an IDFC RTGS form PDF:

• Step 1: Put the date and sender’s branch name on the form.
• Step 2: Tick the mode of transfer (RTGS/NEFT).
• Step 3: Provide the payee’s customer ID and debit account number.
• Step 4: Carefully mention the LEI (Legal Entity Identifier).
• Step 5: Provide all the required beneficiary details like name, address, account number, account types, LEI, bank name, branch name, IFSC code, and remarks. In this form, you have to write the beneficiary account number twice to re-confirmation.
• Step 6: Write down the payable amount in numeric and words.
• Step 7: Give out the declaration by writing your name and photo ID type (twice).
• Step 8: Put your signature (payee).

How to Fill IDFC First Bank NEFT Form?

Carefully go through the below-listed steps on how to fill up a Fill IDFC First Bank NEFT Form

• Step 1: Put the date and sender’s branch name on the form.
• Step 2: Tick the mode of transfer (RTGS/NEFT).
• Step 3: Provide the payee’s customer ID and debit account number.
• Step 4: Carefully mention the LEI (Legal Entity Identifier).
• Step 5: Provide all the required beneficiary details like name, address, account number, account types, LEI, bank name, branch name, IFSC code, and remarks. In this form, you have to write the beneficiary account number twice to re-confirmation.
• Step 6: Write down the payable amount in numeric and words.
• Step 7: Give out the declaration by writing your name and photo ID type (twice).
• Step 8: Put your signature (payee).

IDFC Bank RTGS/NEFT Timings

Go through the below table to get a detailed overview of the NEFT and RTGS timing of IDFC Bank.

Note: RTGS or NEFT initiated between 11:54 pm to 11:59 pm will be executed on the next working day.

IDFC Bank RTGS and NEFT Charges

If you are searching for IDFC NEFT and RTGS charges, read below.

What Happens if IDFC RTGS Transaction Is Not Processed on Time?

Normally, the transferred amount is credited to the receiver’s bank instantly. Afterwards, the beneficiary’s bank will credit the amount to the receiver’s bank account within 30 minutes.

If the transaction amount does not reach the receiver’s bank due to any technical glitch or some other issues, the amount will be credited back to the payee’s account. This return will be done within 1 hour of the payment receipt.

Final Word

Apart from the duly filled IDFC RTGS form, you do not have to attach or submit any other documents. However, you must keep a few required details like beneficiary details, payee account details, etc. handy to experience a hassle-free fund transfer experience. Unlike other banks, IDFC Bank does not levy any charges, making it an ideal choice for your next fund transfer.

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Disclaimer

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