IDFC RTGS Form – How to Download IDFC Bank RTGS Form?

Real Time Gross Settlement (RTGS) is a financial transaction mechanism for carrying out the immediate transfer of lump sum amounts between banks. In contrast to other methods, RTGS transactions allow settling of expenses in real-time and individually, thereby making it ideal for high-value transfers. 

Real-Time Gross Settlement (RTGS) is designed for high-value transactions above Rs. 2 lakh, ensuring fast and secure fund transfers. The IDFC First Bank RTGS facility enables the instant transfer of large amounts, making it a reliable option for both business and personal needs. Continue reading to learn more about the IDFC First Bank RTGS form download process, how to fill it out, and submission guidelines for a smooth banking experience.

What is an IDFC RTGS Form?

An IDFC First Bank RTGS form is an application that must be filled out to initiate a Real-Time Gross Settlement transaction. This form enables the transfer of large sums of money in real-time, ensuring instant and secure fund transfers. The form requires key details such as the sender and beneficiary's account numbers, IFSC code, and the transaction amount.

Using IDFC Bank RTGS forms, IDFC First Bank customers can directly carry out high-value transactions.  Downloading the RTGS form from the IDFC First Bank online portal is simple and convenient. 

How to Download IDFC RTGS Form?

To send funds through an IDFC Bank branch, downloading the IDFC RTGS form online is mandatory. From the same form, individuals can choose either fund transfer services, i.e., NEFT and RTGS. Here is a detailed step-by-step guide for downloading an IDFC Bank RTGS form:

• Visit the official website of IDFC First Bank.
• Scroll along the home screen and then click on ‘Form Centre’.
• Choose the ‘Account Services’ tab under ‘Personal Banking’.
• Scroll until you find ‘Fund Transfer and DD Request’ for existing customers.
• Click on ‘Download’ beside the RTGS form.

How to Fill IDFC RTGS Form?

Filling out an IDFC RTGS form is a simple and straightforward process for facilitating the transfer of high-valued money between banks in India. RTGS transfers ensure real-time and secured transactions. Accuracy is ensured to avoid delays and minimises. A clear understanding of this process helps carry out banking transactions efficiently. 

Here is a detailed guide for filling out the IDFC RTGS form hassle-free:

• Write the date and branch name of the sender on the form.
• Tick the desired mode of fund transfer - RTGS.
• Enter the account holder’s name, IDFC First Bank account number, branch details, and cheque number if applicable. Mention the cheque date if using a cheque for the transaction.
• Provide the beneficiary's name, reconfirm the account number, and specify the type of account (current or savings). Include the bank name, IFSC code, branch address, and city. If applicable, mention the location where the demand draft should be drawn.
• Note down the amount you want to transfer in numbers and words.
• Sign under the signature sections.

IDFC RTGS Form PDF Download

The IDFC Bank RTGS form PDF version can be easily downloaded from the bank's official website via the direct link. Once downloaded, you can print, fill out the form, and submit it at your nearest branch for processing.

Documents Required

There might not be any requirement to provide additional paperwork to make the necessary payment for the IDFC RTGS form. Here are the mandatory information you need to provide:

• Name of the payer and beneficiary
• Amount to transfer
• Name of the payer and beneficiary bank
• Account number of the payer and beneficiary
• IFSC code of the payer and beneficiary

IDFC RTGS Form Filling Sample

Below is a sample of the IDFC RTGS Form:

IDFC RTGS Form Signature

After completing the RTGS form, you must sign it in the designated area to authorise the transaction. Ensure the signature matches the one registered with the bank to avoid processing delays.

IDFC RTGS Form Download in Excel

IDFC First Bank does not provide the RTGS form in Excel format. The IDFC RTGS Form is available for download in PDF format on the bank’s official website. It is recommended that the official PDF version be used for accuracy and acceptance.

IDFC First Bank RTGS Charges

IDFC First Bank provides RTGS money transfer services completely free of charge at both branches and through net banking. Additionally, the bank offers zero fees on common services for its savings account holders, ensuring a cost-effective and seamless banking experience.

Conclusion

IDFC First Bank's RTGS facility provides a fast, secure, and efficient method for high-value transactions. Customers can avoid delays and ensure smooth transactions by IDFC First Bank RTGS form online from the official website. With its instant settlement and reliability, IDFC First Bank RTGS is a preferred choice for hassle-free money transfers.

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