Andhra Bank offers RTGS/NEFT to its customers to transfer funds quickly & safely. RTGS/NEFT can be done both Online by using net/mobile banking & Offline by submitting Andhra Bank NEFT/RTGS form to the bank’s branch.
RTGS (Real-Time Gross Settlement) and NEFT (National Electronic Funds Transfer) both are electronic modes that allow individuals to transfer funds between banks or persons.
Fund transfer under NEFT, are settled in batches and under RTGS, are settled in the real-time settlement process. For RTGS, the minimum amount transferred is Rs. 2 Lakhs with no upper limit whereas for NEFT there is no upper & lower limit. You can get the application form from a branch or can download it from the bank’s official website or can also use the link provided in this article.
Here we have provided you a direct link to download the Andhra Bank NEFT/RTGS Form PDF. You can download the form by just clicking on the link given below.
Andhra Bank NEFT/RTGS Form PDF Download
- Article Name: Andhra Bank NEFT/RTGS Form PDF
- Department: Banking and Finance
- Beneficiary: Bank’s Customers
- Language: English
- Official Website: https://www.andhrabank.in/
- PDF Form Download: Andhra Bank NEFT/RTGS Form PDF Download
Steps To Fill Andhra Bank NEFT/RTGS Form – Offline
When you see Andhra Bank NEFT/RTGS Form you will find many sections in that form. To fill the form without any problem, you need to follow the given below steps:
- As you will download & open the form, you will see there are two sections in the NEFT/RTGS form. The right section is for Remitter & Beneficiary Details and the left section is for Counterfoil or Acknowledgement copy.
- First in the form fill in details like date, branch name, account type.
- Now fill remitter/sender/applicant details like Remitter/Sender Name, Remitter/Sender Account No., Remitter’s PAN No. & select mode of transaction i.e. RTGS/NEFT.
- Then fill in beneficiary details like Beneficiary Name, Beneficiary Bank, Branch Name, Beneficiary Account No., IFSC Code, Amount (in figure & words), Cheque No., Date.
- On the left side enter the same details of the Remitter & beneficiary, the Amount to be remitted, etc. It is for the customer as acknowledgment slip against RTGS/NEFT done. Here bank will provide UTR No., along with the name & signature of the Bank Authorized official with a bank stamp.
- Before submitting the form, check all the details carefully & then sign, mention your cell no. & submit it to bank officials.
- The “For Office Use Only” column is for bank officials to verify & sign to process the transaction. Here bank related details like UTR No., transaction remitted by, etc. are mentioned (as shown in the image below).
Andhra Bank NEFT/RTGS Charges
Branch Charges For NEFT Transaction:-
| Transaction Amount (Rs.) | Per Transaction Charges (Rs.) |
| Up to Rs. 10,000/- | Rs.02.00 + GST Charges |
| Above Rs.10,000/- Up to Rs.1 Lakh | Rs.04.50 + GST Charges |
| Above Rs.1 Lakhs Up to Rs.2 Lakhs | Rs.14.50 + GST Charges |
| Above Rs.2 Lakhs | Rs.25.00 + GST Charges |
Branch Charges For NEFT Transaction:-
| Transaction Amount (Rs.) | Per Transaction Charges (Rs.) |
| From Rs. 2 Lakhs Up to Rs. 5 Lakhs | Rs.25.00 + GST Charges |
| Above Rs. 5 Lakhs | Rs.50.00 + GST Charges |
*Note:- Andhra Bank along with Corporation Bank has been amalgamated with Union Bank of India with effect from 1 April .∗
Note:- RTGS/NEFT is fast & secure electronic mode to transfer funds from one person/bank to another person/bank. For Offline NEFT/RTGS service visit your bank’s branch & submit the RTGS/NEFT Form. To download the form visit bank official website or tap on the direct link given below.