Hello, Today we are learning how to download the IDFC Bank RTGS NEFT form PDF. Timings, charges, how to fill IDFC bank RTGS / NEFT application form. The application form link is also mentioned below in this article. By reading this article you can easily understand all the doubts regarding the IDFC bank RTGS & NEFT transactions.
IDFC First Bank RTGS Form
IDFC Bank is India’s private sector bank. Which was founded in October 2015. IDFC stands for Infrastructure Development Finance Company started with 23 branches with a total customer of 10,000. The headquarter is situated in Mumbai. IDFC has Provided various services to help the customers in loans, NEFT, RTGS, IMPS, etc.
We know there is various method coming day-by-day in the banks to transfer. The money can be transferred from one bank account to another bank account within seconds of time. We can transfer the money using UPI, Google pay, Phonepe, etc. The only problem is there is a maximum limit of transferring the amount is very little. So, to overcome all these problems we come across RTGS / NEFT. If we need to transfer money in Lakhs then we can use these services.
RTGS stands for “Real-Time Gross Settlement”. It is useful to transfer huge amounts. There is no upper limit to transfer in the RTGs and the lower limit is 2 Lakhs. The transaction can be done through any bank across India. Which has RTGS and NEFT facilities.
IDFC First Bank NEFT Form
NEFT stands for “National Electronic Fund Transfer”. NEFT is also useful to transfer the amount. In NEFT up to 2 Lakhs can be transferred. The NEFT can be done online and offline. The amount can be transferred to any bank account in India.
Difference Between IDFC Bank RTGS form/NEFT form
The IDFC Bank provides RTGS and NEFT different services. But the same Application form is useful for both transactions.
How to fill the IDFC Bank RTGS / NEFT Application Form
The IDFC Bank RTGS & NEFT form contains 2 blocks in form. You need to follow the steps to fill out the IDFC Bank RTGS / NEFT form without any mistakes.
- When we see the form there are two blocks in the RTGS / NEFT form.
- The Left Block is for Details of the Bank Account Holder(Applicant) and the Right Block is for Details of the Recipient( Beneficiary).
- In the Left Block: Fill all the details like Account Holder Name, IDFC Account Number, Branch, Cheque No.
- In the Right Block: Fill all the details like the Name of Beneficiary, Account number, Account type( Choose and mark on the Account type it may be Current account or Saving account), Bank Name, IFSC code, City & branch, Location to be drawn.
- The Bank will “Branch-Use Only” Section after completing transaction where they will mention transaction id, name.
IDFC Form Center
For all of its customers, IDFC First bank created a webpage. Which is the one-stop for all application forms. https://www.idfcfirstbank.com/support/form-center. Here, customers can download forms for all services. Account opening, Account services, Loan, insurance, locker, etc. All kinds of forms of IDFC bank are available. Customers can read and download forms online.
Download IDFC First Bank RTGS NEFT Form PDF
Customers can download the application form. Just by clicking the below button. The application form will open in a new tab. Click on the link.
IDFC First Bank Charges
Customers can make free RTGS transactions online. While coming offline, we need to pay service charges for the transactions made in a bank branch. The charges are mentioned below about the IDFC Bank RTGS Charges.
| RTGS Amount(Rs) | Transaction Service Charges(Rs) |
|---|---|
| 2 Lakhs to 5 Lakhs | 25/- per transactions |
| Above 5 Lakhs | 50/- per transactions |
NEFT transaction charges are applicable offline. Only for the transactions made in IDFC bankbBranch. All National Electronic Fund Transfer made online is free. Customers should pay service charges based on the amount to transfer. This amount should add to the amount to transfer in the IDFC Bank NEFT form. The charges are mentioned below about the IDFC Bank NEFT charges.
| NEFT Amount (Rs) | Transaction Service Charges (Rs) |
|---|---|
| Up to Rs 10,000 | 2.50/- per Transaction |
| Rs 10,000/- to Rs 1 Lakhs | 5/- per Transaction |
| Rs 1 Lakhs to Rs 2 Lakhs | 15/- per Transaction |
| Above Rs 2 Lakhs | 25/- per Transaction |
IDFC First Bank Timings
Customers can make RTGS transactions online 24*7. But the Transaction will process during RBI workings hours. IDFC Bank RTGS transactions made on holidays. These transactions will process in the next RBI working days. Timings for IDFC Bank are mentioned below.
| Banking Days | Timings |
|---|---|
| RTGS on working weekdays (From Monday to Friday) | 09:00 Am to 04:00 Pm |
| On Working Saturdays (Except 2nd and 4th Saturdays) | 09:00 Am to 04:00 Pm |
| On Sundays and National Holidays | Transactions cannot be allowed. |
With NEFT, customers can transfer their money to another account through Internet banking or by Visiting Branch. Anyone can use this service on working days to transfer the amount.
| Banking Days | Timings |
|---|---|
| NEFT on working weekdays (From Monday to Friday) | 08:00 Am to 6:30 Pm |
| On working Saturdays (Except 2nd and 4th Saturdays) | 08:00 Am to 6:30 Pm |
| On Sundays and National Holidays | Transactions cannot be allowed. |
Frequently Asked Questions
What is the NEFT Application form?
NEFT is the abbreviation of “National Electronic Fund Transfer”. To perform an NEFT transaction customer should fill out a form. The same application form is used to make both RTGS and NEFT Transactions.
Who is the NEFT beneficiary?
The person to whom the payment is to be done should be added as a “beneficiary” and his bank account details provided in order to transfer the money.
Does NEFT transfer take time?
NEFT system allows the quick interbank transfer of money. The transactions between banks are processed and settled in 2 batches per 1 hour. NEFT takes a time range of 1-2 hours.
Can we do RTGS without Cheque ?
In some cases, when you are not carrying a cheque book with you for making the transactions then banks may provide a temporary cheque book in a particular account name.
For any more information. You can visit IDFC bank’s official website: www.idfcfirstbank.com. Comment below for any queries and information.