IDBI Bank NEFT/RTGS/IMPS Charges & Timings

Gone are those days when while depositing money in a companion/relative’s bank account would take a couple of business days. World is moving quicker and now there are different techniques for money transfer to another account in no time.

Let us see some of those techniques offered by IDBI bank alongside the related charges and the timings.


National Electronic Funds Transfer is a standout amongst the most sought after fund transfer in India. NEFT enables the clients to transfer funds from any bank branch to any individual or organization in some other bank branch in the nation.

Transfer amount Charges (excluding taxes)
Up to Rs. 10,000 Rs. 2.5 per transaction
Rs. 10,001 to Rs. 1 lakh Rs. 5 per transaction
Rs. 1 lakh to Rs.2 lakh Rs. 15 per transaction
Above Rs. 2 lakh Rs. 25 per transaction


Monday to Friday: 9am to 7 pm

Saturday (Excluding 2nd and 4th): 9 am to 1 pm


These days when time is an essential part, IDBI offers, Real Time Gross Settlement (RTGS), this payment component will empower funds to be gotten by the beneficiary intra-day. Controlled by the Central Bank of India, RTGS is a safe technique to transfer funds inside India.

Transfer amount Charges (excluding taxes)
Rs. 2 lakh to Rs. 5 lakh Rs. 30 per transaction
Above Rs. 5 lakh Rs. 55 per transaction


Monday to Friday: 9am to 5pm

Saturday (excluding 2nd and 4th): 9am to 5pm


If clients are searching for a prompt money transfer, IMPS is the correct technique. It is an instant electronic fund transfer service which can be made through cell phones. IMPS do not have any holding up period as the money get transferred in a split second. It is economical as it is free of cost.

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