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Old December 25th, 2017, 09:12 AM
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Join Date: May 2011
Default Re: Working Hours Of IDBI Bank On Saturday

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, rather than the net settlement system exchanges that occur at the end of the banking hours.

IDBI Bank RTGS Working Hours

Timings for Transactions: Cut off timing for Branches: In line with RBI's timelines, transactions can be sent through the RTGS system within following time schedules:

Outward Transactions

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

CMS Cut off timings for processing the payment request on the same day:

Payment Request CMS Cut off timings for RTGS
On Weekdays: (Monday to Friday)
Bulk Upload at Customer end 16:00 Hrs
Payment request through electronic E-mail / fax 15:30 Hrs
On Saturday:
Bulk Upload at Customer end 13:00 Hrs
Payment request through electronic E-mail / fax 12:30 Hrs

RTGS Card Rates:

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


Registered Office:
IDBI Bank Ltd.
IDBI Tower, WTC Complex,
Cuffe Parade, Colaba, Mumbai 400005.

Customers can contact our 24 X 7 Phone Banking numbers
from any Landline / Mobile number, our Toll free numbers are as follows:
Answered By StudyChaCha Member
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