Bank of India NEFT Form PDF Download:- RTGS is one of the best service to transfer Money In Real-Time. Account-holders have both online & offline options to transfer funds through RTGS/NEFT.
It is usually preferred by customer to transfer fund online with access to internet/mobile banking facility. But, if you don’t have the access to this facility online, then you can also request for offline transaction service by filling and submitting BOI RTGS/NEFT Form to nearest branch of Bank of India.
What is RTGS/NEFT?
RTGS – It stands for ‘Real-time Gross Settlement’. The RTGS Service is a Real-time Fund Transfer Service in Which all the transactions are processed continuously throughout the working hours of RTGS. The RTGS facility is primarily meant for a large number of transactions. The minimum amount you can transfer through RTGS is 2 Lakh INR with No Upper Maximum Limit.
NEFT – It stands for ‘National Electronic Funds Transfer’. It is an electronic mode of payment that allows a person to transfer payment between banks or persons. In this mode of payment, the amount is settled in batches. Here check the direct link to download BOI NEFT/RTGS/DD Application Form PDF.
Details needed to be mentioned in BOI RTGS/NEFT Form PDF are as follows:-
- Details of Remitters:- Name, Account Number, Bank IFSC Code, Branch Address, Tyes of Account
- Details of Beneficiary:- Name, Account Number, Bank IFSC Code, Branch Address, Tyes of Account
- Cheque Details of the Remitters
- Amount to be transferred
- And any Other Details (if required)
One has to carefully fill this form before submitting to the concerned branch of the Bank of India. All the details mentioned above should be correct. If there occurs any mistake in details, bank will not be held responsible for any mishap.
As mentioned you can avail facility of RTGS/NEFT for the transfer of funds from one account to another online or can obtain the form from the concerned branch of Bank of India.
Here for your convenience, we are providing you a direct link to download Bank of India- BOI RTGS/NEFT Form PDF. You can easily download the application form by just clicking on the link given below.
Bank of India – BOI RTGS/NEFT Form PDF Download
- Article Name: BOI RTGS/NEFT Form PDF
- Department: Banking and Finance
- Beneficiary: Bank’s Customers
- Language: English
- Official Website: https://bankofindia.co.in/
- PDF Form Download: Bank of India – BOI RTGS/NEFT Form PDF Download
Steps To Fill Bank of India – BOI RTGS/NEFT Form
You can download the form online or get it from branch or can download it by using link given above and fill the details and submit it to concerned branch for RTGS/NEFT Transfer. To fill the form you have to follow the following steps:-
- First mention date & branch name.
- Then enter applicant/remitter details like Name, Account Number, Bank IFSC Code, Account Type & Title of Account, etc.
- Now in details of beneficiary fill the Name, Account Number, Bank, Branch, Branch Address, IFSC Code & Account Type.
- After this, fill the amount (needed to be transferred), your registered mobile number & sign the form.
Once you have filled the form correctly and submitted it to the branch authority, you will be provide an Acknowledgement Slip which can be used as a proof for future ref., if the amount is not transferred to the beneficiary account.
∗Note: For fund transfer through RTGS Service, Both the Bank (of Remitter & Beneficiary) needs to be RTGS Enabled.∗
Funds transferred through mode of RTGS are expected to be received by the beneficiary branch in Real-time. As per RBI Rules, branch needs to credit the amount in beneficiary account within 30 minutes. In the case of any delay or failed payment, you (applicant/remitter) are eligible to receive compensation.
Note – RTGS/NEFT is a great electronic mode to transfer money easily and quickly in real-time. It can be done online with access to internet banking facility or you can also request for offline service by filling and submitting BOI RTGS/NEFT Form to its nearest branch. Make sure to fill the right a/c no. & other details in the form. In case amount is not credited in beneficiary a/c or there is any delay, then applicant can contact his branch to resolve the issue. It is safe & secure mode of transaction to transfer the large amount of funds.