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November 21st, 2017, 02:28 PM
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Join Date: Mar 2012
NEFT Timings IDBI

Hii sir, I Wants to know the Timing of the NEFT Transaction Timing of the IDBI Bank Will you Please provide it ?

DBI Bank is an Indian government-owned financial service company, formerly known as Industrial Development Bank of India, headquartered in Mumbai, India

As you Asking for the Timing of the NEFT Transaction Timing of the IDBI Bank Let me tell you that Bank Does Not Provide the Facility of NEFT It May Provide Real Time Gross Settlement (RTGS) payments & Receipts system Instead of NEFT

The Detials of the RTGS Transaction is given below

Nowadays when time is of essence, IDBI offers, Real Time Gross Settlement (RTGS) payments & Receipts system, a solution for faster and most efficient settlement system for our esteemed customers. This payment mechanism will enable funds to be received by the recipient intra-day

Features :

Bullet Speed – Guaranteed & Fast settlement of transactions
Bullet High Liquidity – Lowering interest costs
Bullet Better Funds Management - Ensures optimum planning and utilization of funds
Bullet Hassle free High Value settlement - Elimination of collections thru physical H/V clearing
Bullet Reduces Paper work and improves efficiency
Bullet Eliminates "Settlement Risk" & "Systemic Risk"

Timing

Outward Transactions
On Weekdays 9:00 Am to 4:15 PM
On Saturdays 9:00 Am to 1:00 PM

Charges
Inward Transactions: FREE
Outward Transactions:
a) Rs. 2 lakh to Rs. 5 lakh - Not exceeding Rs. 30 per transaction
b) Above Rs. 5 Lacs - Not exceeding Rs. 55 per transaction

For more Information you may Contact to the Customer Care Number of the IDBI Bank the Contact Number is given below

Customer Care Number : 1800 200 1947

Last edited by Neelurk; May 5th, 2020 at 05:01 PM.
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