IndusInd Bank RTGS

Last Updated : July 29, 2025, 3:12 p.m.

Real-Time Gross Settlement (RTGS) is a secure and efficient system for transferring high-value funds instantly, managed by the Reserve Bank of India (RBI). IndusInd Bank offers RTGS services for both online and offline transactions, making it ideal for urgent and large-value transfers. This guide covers the benefits, timings, limits, form download process, form-filling instructions, charges, and frequently asked questions about IndusInd Bank RTGS.

Benefits of IndusInd Bank RTGS

• Speed : Funds are transferred in real-time, typically credited to the beneficiary’s account within 30 minutes, making it perfect for time-sensitive transactions.
• Security : RTGS is backed by RBI’s robust protocols, ensuring safe and fraud-free transfers.
• Convenience : Transactions can be initiated 24/7 via digital platforms like IndusNet (Retail Internet Banking) and IndusDirect (Corporate Internet Banking) or through branch visits.
• No Upper Limit : Ideal for high-value transactions, with no maximum limit set by RBI, allowing flexibility for businesses and individuals.
• Confirmation : Successful transactions are acknowledged via SMS or email on the registered mobile number or email ID.

IndusInd Bank RTGS Timings

• Online Transactions : Available 24/7, 365 days a year, as per RBI guidelines effective from December 14, 2020.
• Branch Transactions : Available during branch working hours, typically 10:00 AM to 4:00 PM on weekdays and 1st, 3rd, and 5th Saturdays, excluding bank holidays and non-working days (2nd and 4th Saturdays, Sundays).

IndusInd Bank RTGS Limit

• Minimum Limit : ₹2 lakh per transaction, as mandated by RBI for RTGS.
• Maximum Limit :
  • Individual Customers : Up to ₹10 lakh per transaction via digital channels.
  • Non-Individual Customers (Corporates) : Up to ₹25 lakh per transaction via digital channels.
• No Upper Ceiling : While digital channels have set limits, branch-initiated RTGS transactions have no upper limit per RBI guidelines, subject to account type and bank discretion.

How to Download the IndusInd Bank RTGS Form?

To download the IndusInd Bank RTGS form for offline transactions, follow these steps:

1. Visit the official IndusInd Bank website: www.indusind.com.
2. Navigate to the “Forms” or “Downloads” section, typically found under “Customer Service” or “Form Center.”
3. Locate the “Application cum Debit Authority Form for DD/RTGS/NEFT/IMPS transfers” and click the download link.
4. Download the PDF form from the official link: RTGS/NEFT/IMPS Form.
5. Print the form for submission at the nearest IndusInd Bank branch.
6. Alternatively, collect a physical copy of the form from any IndusInd Bank branch.

How to Fill the IndusInd Bank RTGS Form?

The IndusInd Bank RTGS form is a combined application for RTGS, NEFT, and IMPS. Follow these steps to fill it accurately:

1. Select Transaction Type : Check the “RTGS” box under the transaction type section.
2. Sender Details :
   • Full Name: Enter your name as per bank records.
   • Account Number: Provide the account number to be debited.
   • Contact Details: Include your mobile number and email ID (mandatory for non-customers).
3. Beneficiary Details :
   • Name: Enter the recipient’s full name.
   • Bank Name and Branch: Specify the beneficiary’s bank and branch details.
   • Account Number: Provide the beneficiary’s account number.
   • IFSC Code: Enter the 11-digit IFSC code of the beneficiary’s bank branch.
4. Transaction Details :
   • Amount: Write the transfer amount (minimum ₹2 lakh) in figures and words.
   • Payment Mode: Select cash, cheque, or direct debit (include cheque number if applicable).
   • Purpose: Mention the purpose of the transfer (optional).
5. Signature : Sign the form to authorize the transaction. Ensure the signature matches the one registered with the bank.
6. Submit : Hand over the completed form and any required documents (e.g., cheque) to the bank teller. Collect the acknowledgment slip with the Unique Transaction Reference (UTR) number for future reference.

IndusInd Bank RTGS Charges

• Online Transactions : No charges for RTGS transactions initiated through IndusNet, IndusDirect, or mobile banking, as per RBI guidelines effective July 2019.
• Branch Transactions :
  • ₹2 lakh to ₹5 lakh: ₹25 per transaction (excluding GST).
  • Above ₹5 lakh: ₹50 per transaction (excluding GST).
• Inward Transactions : No charges for receiving funds via RTGS.

Note : Charges are subject to change. Verify the latest fee structure on the IndusInd Bank website or at a branch.