RTGS (Real Time Gross Settlement) facilitate the sender/account holder to transfer the fund to another person/bank immediately without any delays. It is done in real-time and within 30 min only. NEFT (National Electronic Funds Transfer) facilitate a person to transfer fund from one account to another account easily. It is done in hourly batches.
For RTGS, the minimum amount transferred should be more than Rs. 2 Lacs with no maximum limit. For NEFT, there is no minimum or maximum limit to transfer the funds.
Customers can do the RTGS / NEFT Online with access to an internet / mobile banking facility and if they don’t have the access to this facility then they can fill the application form for RTGS/NEFT offline & submit it to the bank’s branch to process the transaction.
For that, they have to provide details of the beneficiary (like his/her name, bank, branch name, IFSC, account type, and account number) and the amount to be remitted, and also sender/remitter details.
Working hours of bank branch for NEFT/RTGS are as follows:
- For NEFT:- Monday To Friday : 09:00 AM To 05:00 PM & Saturday (except 2nd & 4th): 09:00 AM To 01:00 PM
- For RTGS:- Monday To Friday : 09:00 AM To 04:30 PM & Saturday (except 2nd & 4th): 09:00 AM To 12:30 PM
You can download the Indian Bank NEFT/RTGS Form in PDF format online from the bank’s official website or can use the link provided to us in this article.
Indian Bank NEFT/RTGS Form PDF Download
Here we have provided a direct link to download the Indian Bank NEFT/RTGS Form PDF. You can download the form easily by just clicking on the link given below.
- Article Name: Indian Bank NEFT/RTGS Form PDF
- Department: Banking and Finance
- Beneficiary: Bank’s Customers
- Language: English
- Official Website: https://www.indianbank.in/
- PDF Form Download: Indian Bank RTGS/NEFT/DD Form PDF
Steps To Fill Indian Bank NEFT/RTGS Form – Offline
To fill the Indian Bank NEFT/RTGS Form without facing any problem, you need to follow the given below steps:
- You will see there are two sections in the form. The right-hand section is for Beneficiary & Remitter Details and the Left-hand section is for Customer Acknowledgement Copy. To process the RTGS/NEFT you have to fill in all the details correctly.
- In the first section, fill Beneficiary Details such as Beneficiary Name, Account No., Name of Bank & Branch Address, IFSC Code, Amount (in figure & words), Remitter/Sender Name, Address, PAN No., Mobile No., etc.
- Now check the details carefully, sign it & submit the same to bank officials.
- Bank official will sign & stamp the form to process the transaction &
- The second section is where the bank will provide transaction ref. no., date of remittance & UTR No. to the customer for future ref. in regards to RTGS/NEFT being processed.
∗(Note:- For RTGS amount should be greater than Rs. 2,00,000.)
Indian Bank NEFT/RTGS Charges
For NEFT:-
| Transaction Amount (Rs.) | Per Transaction Charges (Rs.) |
| Up to Rs 10,000 | Rs 02.50 + GST Charges |
| Above Rs 10,000 Up to Rs 1 lakh | Rs 05.00 + GST Charges |
| Above Rs 1 lakh Up to Rs 2 lakh | Rs 15.00 + GST Charges |
| More than Rs 2 lakh | Rs 25.00 + GST Charges |
For RTGS:-
| Transaction Amount (Rs.) | Per Transaction Charges (Rs.) |
| From Rs 2 lakh Up to Rs 5 lakh | Rs 25.00 + GST Charges |
| Above Rs 5 lakh | Rs 50.00 + GST Charges |
Note – RTGS/NEFT is an electronic mode used to transfer funds quickly and easily. It is usually preferred by the customer to transfer funds online with access to internet / mobile banking facility. But, if you don’t have access to this facility online, then they can also request for offline transaction service by filling and submitting Indian Bank NEFT/RTGS Form to concerned branch of bank. You can download the form from bank’s official website or can tap on the link given below.
Indian Bank RTGS Form in pdf format
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