DCB Bank provides electronic payment options for the Indian market.
Mainly there are 3 ways in which you can make electronic payments with DCB Bank - RTGS, NEFT, and IMPS. Before moving forward, it's important to understand the differences between the 3 modes;
RTGS/NEFT/IMPS Transfer with IDBI Bank:
There are two ways to initiate an RTGS / NEFT/ IMPS transfer with DCB Bank:
Step 1: Download and Complete the Form
Mainly there are 3 ways in which you can make electronic payments with DCB Bank - RTGS, NEFT, and IMPS. Before moving forward, it's important to understand the differences between the 3 modes;
Type of Transfer | NEFT | IMPS | RTGS |
Speed of settlement | Real-Time | Real-Time | Real-Time |
Maximum Transfer Value | NIL | Rs.2,00,000 | NIL |
Minimum Transfer Value | NIL | No Limit | Rs. 2,00,000 |
Charges | Rs. 2 (Up to 50,000) Rs. 4.50 (50,000-1,00,000) Rs. 14.50 (1,00,000-2,00,000) Rs. 24.50 (Above 2,00,000) | Rs. 4.50 (Up to 1,00,000) Rs. 14.50 (1,00,000-2,00,000) | Rs. 24.5 (2,00,000-5,00,000) Rs. 49 ( Above 5,00,000) |
Timing | 24x7, 365 Days (Offline transaction in office hours only) | 24x7, 365 Days | 10:00-16:00 (All Bank working days) |
RTGS/NEFT/IMPS Transfer with IDBI Bank:
There are two ways to initiate an RTGS / NEFT/ IMPS transfer with DCB Bank:
- Offline submission /In Branch Request (FOR RTGS/NEFT)
- Mobile Banking (FOR RTGS /NEFT /IMPS).
Step 1: Download and Complete the Form
- Download the attached NEFT/RTGS form (in PDF format). This same form will be provided to you if you choose to initiate the transfer through an in-branch request. We have attached a copy of the same form to this post for your ease.
- Print a clear copy of the downloaded form.
- Fill out the form completely and accurately. How to fill up the form is mentioned below
- First of all, start by writing your branch name and select the fund transfer method (NEFT, RTGS, IMPS).
- Now, write your name, account number, branch, type, mobile number, status, and email ID.
- Write the beneficiary’s Bank name, branch, city, and IFS code.
- Again, write the beneficiary's name, address, account number, account type, amount (in both words and figures), and remarks if any.
- Recheck and write your cheque number, date, and amount in figures.
- Separately write the amount in words.
- You also need to mention the LEI code for amounts above Rs.50,00,00,000.
- Now, recheck and read the terms and conditions to be sure you are going the right way.
- Once you are satisfied, write today’s date and sign the form.
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- Visit your nearest DCB Bank branch.
- Submit the completed NEFT/RTGS form along with any required identification documents to a bank teller or customer service representative.
- Once your request is processed, the funds will be transferred to the beneficiary's account.
- Start by opening your DCB Bank Mobile App and log in using your password.
- Now, click on beneficiary management and then click on the + option.
- Click on the Accounts an IFSC option, fill in the beneficiary details as required, and add the beneficiary by clicking on Save.
- Now, come back to the home page and click on the send money option.
- Select your account and then also select the beneficiary account under the debit account and credit account options respectively.
- Enter the amount and remarks if any.
- Click on SEND MONEY. Confirm using your PIN.
- Your money will be transferred.