IndusInd Bank has electronic payment options for the Indian segment.
Mainly there are 3 ways in which you can make electronic payments with IndusInd Bank - RTGS, NEFT, and IMPS. Before moving forward, it's important to understand the differences between the 3 modes;
RTGS/NEFT/IMPS Transfer with IndusInd Bank:
There are two ways to initiate an RTGS / NEFT/ IMPS transfer with IndusInd Bank:
Step 1: Download and Complete the Form
Step 2: Submit the Form at Your Branch
Mainly there are 3 ways in which you can make electronic payments with IndusInd 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.2.50(Up to 10,000) Rs.5(10,000-1,00,000) Rs.15 (1,00,000-2,00,000) Rs.25 (2,00,000-5,00,000) Rs.50(Above 5,00,000) | Rs.2.50(Up to 10,000) Rs.5(10,000-1,00,000) Rs.15 (1,00,000-2,00,000) | Rs.25 (2,00,000-5,00,000) Rs.50 ( Above 5,00,000) |
| Timing | 08:00-19:00 (All working Days) | 24x7, 365 Days | 08:00-16:30 (Monday to Friday) [Anytime using Online Methods] |
RTGS/NEFT/IMPS Transfer with IndusInd Bank:
There are two ways to initiate an RTGS / NEFT/ IMPS transfer with IndusInd 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 in 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
- Write the branch name and today’s date in the top right corner.
- Now, select the type of fund transfer (RTGS/NEFT/IMPS) and also the type of customer (Customer/Non-Customer).
- Write your account number, name, mobile number, or email ID, and cheque number or cash (if any).
- Now, enter the beneficiary bank name, branch, IFSC code, account number, name, and amount.
- Re-enter the amount in both figures and words.
- There is a second option for Indo-Nepal remittance where you need to add beneficiary account number, bank name, name, address, Citizenship/PAN/Passport, mobile number, and amount.
Step 2: Submit the Form at Your Branch
- Visit your nearest IndusInd 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.
- Login to your account in the IndusInd mobile application.
- Now, click on the fund transfer option.
- Click on Add Beneficiary button and enter the beneficiary details.
- After that click on the Proceed button and enter the OTP to confirm and add a beneficiary.
- Select the Select Beneficiary option under the fund transfer option now and select the beneficiary you want to send funds to.
- Now, add your details and the amount you want to transfer.
- You will get a screen with all the information and the option to select the type of fund transfer (IMPS/NEFT/RTGS).
- Select your preferred transfer option and click on the “I Confirm, Pay Now” option.
- Enter your MPIN or authenticate with an OTP to perform the transaction successfully.
