Funds Transfer In IDBI Net Banking



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  • The user shall not use or attempt to use Internet Banking for funds transfer - as and when the facility is made available - without sufficient funds in the relative i-net banking -account or without a pre-existing arrangement with the bank for the grant of an overdraft
  • The Bank will endeavour to effect such funds transfer transactions received through Internet Banking  provided there are sufficient funds available in the user's account. In any case , if based on the user instructions, funds are debited from his account by overdrawing the account without without sufficient funds in the relative Internet Banking -account or without a pre-existing arrangement with the Bank for the grant of an overdraft , the account holder will be liable to regularize the account. The Bank shall not be liable for any omission to make all or any of the payments or for late payments due to circumstances beyond the reasonable control of the Bank

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