HDFC Bank RTGS & NEFT Form in PDF Format : Download / Print

By | March 28, 2018
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(Last Updated On: July 26, 2018)

HDFC Bank RTGS & NEFT Form in PDF Format.

Download HDFC Bank RTGS and NEFT Application Form in PDF Format. Download HDFC Bank NEFT Form in PDF Format, Download HDFC Bank RTGS Form in PDF Format. Download Latest & Updated HDFC Bank RTGS / NEFT Form in PDF format. Request form of RTGS/ NEFT for HDFC Bank. Download HDFC  Bank Electronic Remittance Transaction Initiation Voucher (RTGS / NEFT). Download HDFC Bank NEFT Pay Slip, Download HDFC Bank RTGS Pay Slip in PDF. Just input the details of name of Branch, Amount to be remitted and details of Remitter and beneficiary. Now scroll down below n Download HDFC Bank RTGS, NEFT Form in PDF Format.

Download HDFC Bank RTGS and NEFT Form .

HDFC Bank RTGS & NEFT Form in PDF Format

What is HDFC Bank NEFT transaction limits

  • Online NEFT Tranfer – the maximum amount of funds that can be transferred per customer ID per day is Rs. 25 Lakh
  • NEFT Transfer from branches – No maximum limit

What are HDFC Bank NEFT Transaction timings ?

  • Online Transaction Timings: Monday to Saturday (Except 2nd and 4th Saturday and bank holidays) – 8:00 AM to 7:00PM
  • Branch Timing – Monday to Friday – 3:30 PM Saturday (excluding 2nd & 4th) – 3:30 PM

Note: The Funds transfer request made after 6:30 PM will be presented to RBI on the next working day.

Please note:
Note: The Funds transfer request made after 6:30 PM will be presented to RBI on the next working day.
The actual time taken to credit the account depends on the time taken by the Payee’s Bank to process the payment.
The money will reach the Payee’s bank within the time stipulated by the Reserve Bank of India.

What are HDFC Bank NEFT Transaction Charges ?

NEFT transactions done Online are Free w.e.f 1st Nov 2017

Transaction charges for NEFT from HDFC Bank branches

1) Upto Rs 10,000 – Rs 2.50 + Applicable GST

2) Above Rs 10,000 and upto Rs 1 lakh – Rs 5 + Applicable GST

3) Above Rs 1 lakh and upto Rs 2 lakh – Rs 15 + Applicable GST

4) Above Rs 2 lakh – Rs 25 + Applicable GST

HDFC Bank Fees and Charges for Fund Transfer through RTGS?

RTGS transactions done Online are Free w.e.f 1st Nov 2017

HDFC Bank Branches –
1) Above Rs 2 lakh upto Rs 5 lakh – Rs 25 + Applicable GST
2) Above Rs 5 lakh – Rs 50 + Applicable GST

HDFC Bank Minimum / maximum limit for RTGS transactions

  • Minimum – Rs. 2 Lakh
  • Maximum – No upper ceiling for RTGS transactions through Branch.But for RTGS transactions done through NetBanking, the maximum amount of funds that can be transferred per Customer ID per day is Rs. 25 Lakh

What are the HDFC Bank timings for RTGS Transactions?

Branch Timing – Monday to Friday – 3:30 PM Saturday (excluding 2nd & 4th) – 3:30 PM

Online Transaction Timings: Monday to Saturday (Except 2nd and 4th Saturday and bank holidays) – 8:00 AM to 4:00PM

What is NEFT ?

National Electronic Funds Transfer (NEFT) is a nation-wide payment system. Under this Scheme, individuals can electronically transfer funds from any bank branch to any individual having an account with any other bank branch in the country participating in the Scheme. NEFT transactions are settled in batches. Any transaction initiated after a designated settlement batch would have to wait till the next designated settlement batch.

What are the channels through which I can initiate an NEFT Fund Tranfer in HDFC bank ?

  • Internet Banking – Send money to your chosen beneficiary from your desktop/laptop
  • Mobile Banking – Send money through your HDFC Mobile Baking app
  • Branch – Visit your nearest HDFC Bank Branch and fill the NEFT form to do an NEFT transaction
  • Enet – Net banking facilty for Corporates

What are the transaction steps for NEFT through NetBanking/MobileBanking for HDFC Bank?

For NEFT you will need to begin by adding a beneficiary. Then you can go on to make a funds transfer or Credit card payment.

For online transaction, both the NetBanking and Third Party Funds Transfer facilities should be enabled. (If you’re not yet registered, just fill the form at your closest HDFC Bank branch).

Steps to add beneficiary for NEFT-

Step 1 – Log into HDFC Bank NetBanking/MobileBanking, using your Customer ID and Password

Step 2 Go to Funds Transfer tab

Step 3 Click ‘Add a Beneficiary’, and then select Beneficiary Type – Transfer to other bank

Step 4 Enter the beneficiary account details or Credit card number

Step 5 Select the Beneficiary’s IFSC, using the bank and branch name

Step 6 Click ‘Add’, then ‘Confirm’

Step 7 Authenticate yourself at the secure access step, and wait for your confirmation message

Steps to make your NEFT funds transfer –

Step 1 Go to Fund Transfer tab, and select ‘Transfer to other bank(NEFT)’

Step 2 Select account, beneficiary, and enter the relevant details

Step 3 Accept the Terms and Conditions

Step 4 Review the details, and, if all is correct, confirm to complete the process

Note:

  • The beneficiary will be activated after 30 minutes (due to security reasons). The Beneficiary can be viewed in the “View Beneficiary” option of the Enquire Section.
  • Post activation of a beneficiary, Rs.50,000 (in full or parts) can be transferred for the first 24 hours.
  • An added beneficiary, to whom no funds are transferred for more than 24 months, is treated as a new beneficiary in all respects.
  • A maximum of 7 beneficiaries can be added/modified/deleted in a period of 24 hours.

What information is required to do an NEFT transaction?

For an NEFT remittance, the remitter has to furnish the following information:

  • Amount to be remitted
  • Remitting customer’s account number which is to be debited
  • Name of the beneficiary bank
  • Name of the beneficiary
  • Account number of the beneficiary
  • Sender to receiver information, if any
  • IFSC code of the destination bank branch

How to do Credit card payments through NEFT?

Credit card payments can be completed easily through HDFC Bank’s NEFT service under NetBanking.

There are a few points to note:

  • You need to have the NetBanking and Third Party Funds Transfer facilities enabled (If you’re not yet registered, just visit your nearest HDFC Bank branch and fill the form).
  • The Credit card issuing bank must be enabled to receive payments via NEFT
  • The IFSC should be obtained from the Credit card issuing bank (without the correct IFSC, the transaction will be rejected)

Steps to make your Credit card payment –

Step 1 Go to Fund Transfer tab, and click Transfer to other bank

Step 2 Select account, beneficiary, and enter the relevant details

Step 3 Accept the Terms and Conditions

Step 4 Review the details, and, if all is correct, confirm to complete the process

When does the beneficiary get the credit for a NEFT Transaction?
NEFT operates in half hourly batches. Currently, there are twenty three settlements from 8 am to 7 pm on all working days including working Saturdays. Therefore, the beneficiary can expect to get the credit for the transactions put through between 8 am to 6.30 pm on all working days including working Saturdays on the same day. For transactions settled in the 6.30 and 7 pm batches, the credit will be afforded on the next working day.

If an NEFT transaction is not credited to a beneficiary account, does the Remitter get back the money?
Yes. If the beneficiary’s bank is unable to credit the beneficiary’s account for any reason, the former will return the money to the remitting bank within 2 business hours of completion of the batch in which the transaction was processed. Once the amount is received by the remitting bank, it is credited to the remitter’s account by the branch concerned.

Can I use NEFT for foreign remittances?
This is a service designed only for remitting Indian Rupees within India.

What is IFSC? 
IFSC stands for ‘Indian Financial System Code’. It is an 11 digit, alpha numeric code designed to identify bank branches in India. The beneficiary customer can obtain the IFSC code from his bank branch. The IFSC code is also available on the cheque leaf. The list of IFSCs is also available on the RBI website (http://rbidocs.rbi.org.in/rdocs/RTGS/DOCs/RTGEB0112.xls).

Do all bank branches in India provide NEFT services?
No. NEFT services are enabled only in specific bank branches across the country. A list of such NEFT enabled branches can be obtained from the RBI website http://www.rbi.org.in/scripts/neft.aspx for NEFT.

Whom I can contact, in case of non-credit or delay in credit to the beneficiary account for NEFTtransaction?
Please contact your bank/branch or the destination bank/branch or the Customer Facilitation Service Centre of the banks.
Contact Details of Customer Facilitation Centre of HDFC Bank for redressal of your NEFT related complaints
Contact details of Customer Facilitation Centre for other Banks Click here

Can money be sent abroad using NEFT transaction?
No. However, a facility is available to send outward remittances to Nepal under the Indo-Nepal RemittanceFacility Scheme.
To know more : https://www.rbi.org.in/scripts/FAQView.aspx?Id=67

What is RTGS fund transfer?

RTGS (Real Time Gross Settlement) is the continuous (real-time) settlement of funds transfers individually on an order by order basis. ‘Real Time’ means the processing of instructions at the time they are received rather than at some later time; ‘Gross Settlement’ means the settlement of funds transfer instructions occurs individually (on an instruction by instruction basis). Considering that the funds settlement takes place in the books of the Reserve Bank of India, the payments are final and irrevocable.

When does the beneficiary get the credit for a RTGS Transaction?

Under normal circumstances the beneficiary branches are expected to receive the funds in real time as soon as funds are transferred by the remitting bank. The beneficiary bank has to credit the beneficiary’s account within 30 minutes of receiving the funds transfer message.

Benefits of RTGS funds transfer

RTGS (Real Time Gross Settlement) is the fastest possible money transfer system through the banking channel. Because settlements are made in real time, transactions are not subject to any waiting periods.

  • Speed – transfers in real-time
  • Wider boundaries – no geographical limitations within India
  • Convenient – Transfer of funds from your home or office

This can be called as HDFC Transfer application form  for transfer of money from HDFC bank account to other banks. / Fund Transfer form HDFC Bank

If an RTGS transaction is not credited to the beneficiary account, does the remitter get back the money?
Yes. If the beneficiary’s bank is unable to credit the beneficiary’s account for any reason, the former will return the money to the remitting bank within 1 hour. Once the amount is received by the remitting bank, it is credited to the remitter’s account by the branch concerned.

What is the process of RTGS Funds Transfer in HDFC Bank ?

For RTGS you will need to begin by adding a beneficiary. Then you can go on to make a funds transfer.

For online transaction, both the NetBanking and Third Party Funds Transfer facilities should be enabled. (If you’re not yet registered, just fill the form at your closest HDFC Bank branch).

Steps to add beneficiary for RTGS-

    • Step 1 – Log into HDFC Bank NetBanking using your Customer ID and Password
    • Step 2 – Go to Funds Transfer tab
    • Step 3 – Click ‘Add a Beneficiary’, and then select Beneficiary Type ‘Transfer to other bank’
    • Step 4 – Enter the beneficiary account details or Credit card number
    • Step 5 – Select the Beneficiary’s IFSC, using the bank and branch name
    • Step 6 – Click ‘Add’, then ‘Confirm’
    • Step 7 – Authenticate yourself at the secure access step, and wait for your confirmation message

Steps to make your RTGS funds transfer –

  • Step 1 – Go toFunds Transfer tab, and select ‘Transfer to other bank (RTGS)’
  • Step 2 – Select account, beneficiary, and enter the relevant details
  • Step 3 – Accept the Terms and Conditions
  • Step 4 – Review the details, and, if all is correct, confirm to complete the process

Please Note:

  • The beneficiary will be activated in 30 minutes (due to security reasons). The Beneficiary can be viewed in the “View Beneficiary” option of the Enquire Section.
  • Post activation of a beneficiary, RTGS transactions are possible only post 24 hours.
  • An added beneficiary, to whom no funds are transferred for more than 24 months, is treated as a new beneficiary in all respects.
  • A maximum of 7 beneficiaries can be added/modified/deleted in a period of 24 hours.

What are the modes through which I can initiate an RTGS transaction in HDFC Bank ?

  • Internet Banking – Add a beneficiary using the Funds Transfer option with the IFSC Code and the Beneficiary Bank details. Transfer funds once the beneficiary is added.
    Keep your mobile phone handy as an OTP is required to complete the transaction and will be sent to your registered mobile number
  • Branch – Visit your nearest HDFC Bank Branch and fill the RTGS Form to do an RTGS transaction
  • Enet – Internet banking facility for corporates

What information is required when using the RTGS funds transfer service?

When using RTGS Funds Transfer, there are a few essential details to provide:

  • Amount to be remitted
  • Remitting customer’s account number which is to be debited
  • Name of the beneficiary bank and branch
  • Name of the beneficiary customer
  • Account number of the beneficiary customer
  • Sender to receiver information, if any
  • The IFSC number of the receiving branch

Can I schedule an RTGS transaction in advance?
Yes, RTGS transactions can be rescheduled in advance.

How would one know the IFSC code of the receiving branch?

The beneficiary customer can obtain the IFSC code from his bank branch. The IFSC code is also available on the cheque leaf. The list of IFSCs is also available on the RBI website (http://rbidocs.rbi.org.in/rdocs/RTGS/DOCs/RTGEB0112.xls).

Do all bank branches in India provide RTGS service?

No. All the bank branches in India are not RTGS enabled. Presently, there are more than 100000 RTGS enabled bank branches. The list of such branches is available on RBI website (http://rbidocs.rbi.org.in/rdocs/RTGS/DOCs/RTGEB0112.xls).

Whom do I can contact, in case of non-credit or delay in credit to the beneficiary account?

Contact your bank/branch. If the issue is not resolved satisfactorily, complaint may be lodged to the Customer Service Department of RBI at –
The Chief General Manager,
Reserve Bank of India,
Customer Service Department,
1st Floor, Amar Building, Fort,
Mumbai – 400 001
Or send email
Or contact Customer Facilitation Centre

How can a remitting customer know whether the bank branch of the beneficiary accepts remittances through RTGS?
For a funds transfer to go through RTGS, both the sending bank branch and the receiving bank branch would have to be RTGS enabled. The lists are readily available at all RTGS enabled branches. Besides, the information is available at RBI website (http://rbidocs.rbi.org.in/rdocs/RTGS/DOCs/RTGEB0112.xls). Considering that more than 100000 branches at more than 20,000 cities/towns/taluka places are covered under the RTGS system, getting this information would not be difficult.

Also visit HDFC Bank Website click here

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