[PDF] IDBI DD/NEFT/RTGS Form PDF Free Download

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IDBI DD/NEFT/RTGS Form Pdf Details
No. of Pages: 2
PDF Size: 1.40 MB
Language: English
Category:Banking & Finance
Source :
IDBI DD/NEFT/RTGS Form Pdf Download


The electronic payment systems RTGS (real-time gross settlement) and NEFT (national electronic funds transfer) enable individuals to transfer funds between banks. In contrast to the real-time settlement mechanism used by RTGS, NEFT funds transfers are resolved in batches.

RTGS purchases are processed in IDBI Bank branch offices Monday through Friday from 9:00 a.m. to 4:15 p.m. and on the first, third, and fifth Saturdays from 9:00 a.m. to 1:00 p.m.

It should be remembered that service charges for online RTGS funds transfers have been temporarily suspended. Customers will process RTGS purchases for free using a digital banking platform.

From Monday to Saturday, NEFT transfers are processed between the hours of 8:00 a.m. and 7:00 p.m. (except 2nd & 4th Saturdays and bank holidays).

NEFT trades at IDBI Bank are done in batches. Below are the NEFT transaction times.

IDBI Bank NEFT Timings(Weekdays)8:00 AM to 7:00 PM
IDBI Bank NEFT Timings(Working Saturdays)8:00 AM to 7:00 PM

IDBI Bank RTGS timings for same-day processing of outward transactions are listed below:

IDBI Bank RTGS Timings(Weekdays)9:00 AM to 4:15 PM
IDBI Bank RTGS Timings(1st, 3rd Saturdays)9:00 AM to 1:00 PM

IDBI DD/NEFT/RTGS Form Pdf Download

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