IDBI Bank : Payment of Stamp duty & Registration Fees

Organization :IDBI Bank Ltd
Facility : Payment of Stamp duty& Registration Fees

Home Page :http://www.idbi.com/index.asp

IDBI Bank Payment of Stamp Duty

** RTGS mode of remittance has been disabled.

Related / Similar Facility : IDBI Bank Check Bank Account Balance Online

** Amounts should be remitted vide NEFT to new account number ending with …10700 (instead of …10686).

Instructions :
** e-SBTR print is free of charge.
** Simple Receipt is valid for compulsorily registerable documents only and e-SBTR is applicable for both optionally as well as compulsorily registerable documents.

** For Online payments your Net Banking daily transaction amount limit is to be ensured. You may get the same enhanced as per your requirement, with prior submission of request at your home branch.
** After payment “Receipt of online payment to get e-SBTR” to be presented at the selected IDBI branch for obtaining e-SBTR.
** In case of Across the bank counter mode of payment, the payment of stamp duty will be made only after submission of Web Token at the selected branch of IDBI within 7 days.
** Generation of web token does not mean payment of Stamp duty and Registration Fees.New
** For each transaction, separate remittance is necessary. Consolidated remittance for multiple transactions is not allowed. Multiple web tokens NOT allowed with same UTR/Reference/Instrument number.
** Multiple transactions for single duty payment are not allowed.
** Minimum value of transaction for e-SBTR should be Rs.5, 000/-
** Copy of the identity proof, as mentioned during data input, must be produced at the Branch for collecting e-SBTR.
** No modification in the input data is possible once the payment of stamp duty is made.

Who can pay Stamp Duty (SD) and Registration Fees (RF) using IDBI Website :
Any citizen whether IDBI account holder or non-account holder can pay using IDBI Website through idbibank.com
a) IDBI Account holder with Net Banking Facility can pay using “Online” mode of payment and
b) Non-account holder can pay using “Across the Bank Counter” mode of payment.

Note :
With effect from Wednesday, 05th March 2014 :
1. RTGS mode of remittance has been disabled.
2. Amounts should be remitted vide NEFT to new account number ending with …10700 (instead of …10686).

FAQ On IDBI Bank PayMate

1. What is PayMate?
IDBI Bank in association with PayMate has introduced, a revolutionary Mobile Phone based payment service, which allows you to use your mobile phone as your e-wallet to make easy and secure payments while shopping online or over the counter to accredited merchants who accept such payments.

2. Who will accept my payments using PayMate?
You can use this service at any of PayMate’s over 13,000 accredited merchants consisting of online portals, leading voice portals and some key retail chains, This list of merchants is growing rapidly.

You will also be able to buy movie & flight tickets, send flowers & gifts, pay for your utility bills & subscriptions & even pay at your favourite restaurant or retail store, simply through your mobile.

Payments happen instantly and are charged to your linked savings or current account. It is completely safe and secure as you do not have to disclose your card number or CVV number unlike a card transaction.

3. What do I need to use PayMate?
All you need is a mobile phone and a savings or current account with IDBI Bank. To register for this service and get started, Customers can enroll for this revolutionary service by submitting a Registration form at our nearest branch or through Internet Banking / ATM.

4. Is this service mobile phone or operator specific?
This service can be accessed through any mobile phone or through any mobile operator. PayMate works on even the most basic phone (GSM or CDMA) and does not require any mobile operator registration.The service is available for both post paid as well as prepaid mobile connections

5. Does PayMate require any Java application download or GPRS/ WAP connectivity?
No. It’s a simple IVR (Interactive Voice Response) based service which is extremely easy and cost effective

Features of IDBI Bank Stamp Duty Payment

IDBI Bank offers a variety of features for stamp duty payment, including:
** Online payment: You can pay stamp duty online using IDBI Bank’s website or mobile app. This is a convenient and secure way to pay stamp duty, and it can be done from anywhere.
** Across the bank counter payment: You can also pay stamp duty at any IDBI Bank branch. This is a more traditional way to pay stamp duty, but it is still a secure and convenient option.
** E-SBTR: IDBI Bank offers an electronic Stamp Duty and Registration Tax receipt (e-SBTR) service. This service allows you to generate an e-SBTR online, which can then be used to register your documents.
** Simple receipt: IDBI Bank also offers a simple receipt service. This service is for documents that do not require registration.