BANK RTGS FORMS: South Indian Bank RTGS / NEFT Form

South Indian Bank RTGS / NEFT Form

South-Indian-Bank-RTGS-NEFT-Form

Bank RTGS Form is using for transfer money above 2.00 lakh from your Bank’s Account to other’s Account. South Indian Bank’s NEFT Form is using to transfer amount less than 2 lakh from your Bank’s Account to other’s Account. Now you can Download South Indian Bank RTGS form / NEFT Form our page for transfer of Funds in all over South Indian Bank accounts.

People knows Real Time Gross Settlement System (RTGS) and National Electronic Fund Transfer System (NEFT).

RTGS Timings

Timings for RTGS / NEFT from 08:00 AM to 07:00 PM through net banking or mobile banking, but through bank branch is 09.30 AM to 04.30 PM for RTGS Process and 09.30 AM to 05:00 PM for NEFT (as per terms by bank branch) on every working day.

Bank offers Real Time Gross Settlement System (RTGS) & National Electronic Fund Transfer system (NEFT) which enables an efficient, secure, economical and reliable system of transfer of funds from your bank to another bank as well as from remitter’s account in a particular bank to the Beneficiary’s Bank Account in another bank across India.

How to Fill South Indian Bank RTGS/NEFT Offline Form?

If you look at South Indian Bank RTGS/NEFT Form, you will notice that there are many instructions in the form. You need to follow following steps to fill South Indian Bank NEFT/RTGS form without facing any problem:

Some banker’s (Mostly Nationalised Banks) wants that you have to add RTGS / NEFT Commission with the transaction account(ex: NEFT Amount= Rs.1000 and bank will deduct commission Rs.4.25, then you need to prepare RTGS / NEFT Cheque of Rs. 1004.25 for transfer and your need to fill detais of amount accordingly), so you need to add commission amount with RTGS / NEFT Amount.

You will find there is two sections in NEFT/RTGS form. Left section is for customer to fill details and right section is for bank to fill details.

While sending amount by RTGS/NEFT, customer have to fill information like Sender Account Details, Beneficiary Account Details (A/c. No., Name), Beneficiary’s Bank Branch IFSC Code and Amount need to be transfer.

Right Section will be filled by bank after completing transaction where they will mention transaction id etc there.

Information Required For Transfer of Funds
Remitter’s Account No.
Remitter’s Name.
Transfer Amount. (In words and in Figure)
Beneficiary Account no.
Beneficiary bank Name.
Beneficiary Customer Name.
Beneficiary Bank Account Number.
IFSC code of Beneficiary Bank branch.