Customers of Central Bank of India (account type HSS/CD/CC/OD) can use the RTGS mode of transferring funds using either the online channel or the traditional mode of doing it at the bank. If chosen the latter option, you will require Central Bank RTGS form and submit it for processing your RTGS request.
How to Fill Central Bank RTGS Form?
To fill the Central Bank of India RTGS Form, enter the following details and sign the form:
- Date
- Branch Name (your)
- Transfer amount (in words and figures)
- Applicant Details
- Name
- Account Number
- Account Type
- Customer ID Number
- Address
- Telephone Number or Mobile Number
- Email-ID
- Beneficiary details
- Name
- IFSC
- Bank Name
- Branch Name
- Account Number
- Type of Account
- Telephone Number or Mobile Number
Charges for Central Bank RTGS Form
The following are Central Bank RTGS charges that you will need to pay when submitting the Central Bank of India RTGS Form:
Rs 2 lakhs to Rs 5 lakhs: Rs 24.50
Above Rs 5 lakhs: Rs 49.50
The abovementioned Central Bank RTGS charges are not applicable on internet banking.
Timings for Central Bank RTGS Form
As per the RBI guidelines, you can transfer funds via RTGS using the internet banking at any point of any day. The online channel for Central Bank of India is open 24×7.
For doing Central Bank of India RTGS transaction at the bank, please check the Central Bank Timings.
Central Bank of India RTGS Limit
To transfer funds using RTGS from any bank, the Reserve Bank of India has set up a minimum amount limit of Rs 2 lakhs per transaction. With this, it must be noted that there is no higher RTGS limit set by the Central Bank of India.
When to opt for the CBI RTGS form?
You will need the Central Bank of India RTGS form when you wish to transfer a sum of Rs 2 lakhs or more via RTGS at your Central Bank of India branch. This form is not required for when you’re using your netbanking or mobile banking account for the RTGS transfer. You’ll be charged with a fee of Rs 24.50 and Rs 49.50 (plus GST) for an amount of Rs 2 lakhs – Rs 5 lakhs and more than Rs 5 lakhs, respectively.
Visit the following links to know more about RTGS Form of different Bank’s:
Central Bank RTGS Form: FAQs
No. One RTGF for is valid only for one transaction.
Yes. You can transfer up to Rs 49,999 in cash using the Central Bank RTGS form.
For transaction of Rs 2 lakhs to Rs 5 lakhs, Central Bank charges Rs 24.50 and for any amount above that, you will be paying RTGS charges worth Rs 49.50 per transaction.
No. There is no need for RTGS form if using Central Bank netbanking or mobile banking services.
Yes. Central Bank of India has a consolidated form for both types of fund transfers, i.e. NEFT and RTGS. Just tick the one you’re choosing as your mode and fill the form as usual.
No. The minimum amount must be of Rs 2 lakhs to use the RTGS mode of funds transfer.
