Indian Bank customers who are looking for an alternative to NEFT online must know that they can carry out transfers at the bank as well. For this, it is important to get your hands on an updated Indian Bank NEFT form, fill it properly, sign and submit at the bank. This mode of NEFT at the bank allows customers to do NEFT in cash as well. Also, if you don’t have a bank account, then also Indian Bank NEFT form can be used to carry out the transaction.
Let’s know in detail about Indian Bank NEFT form, in the sections below.
Click on the above button to download Indian Bank NEFT form in PDF format directly in your device. Alternatively, it can also be availed of at the bank as well.
Must Read: All about Indian Bank NEFT
Details to be Filled in Indian Bank NEFT Form
The following details must be provided true to the knowledge of the customer in the NEFT form of Indian Bank:
- Branch (at which request is being made for NEFT)
- Remitter/Applicant’s Details (Name, Account Number, IFSC, Branch, etc.)
- Beneficiary’s Details (Name, type of Account, Account Number, IFSC, etc.)
- Amount to be transferred (in words and figures, both)
- Cheque Number
If transferring an amount greater than Rs 50,000, provide these details as well:
- Address of the remitter
- Phone Number of the remitter
- PAN of the remitter
Indian Bank NEFT Form: Charges
When you’re using the NEFT form to transfer funds from your Indian Bank account, it simply means that you’ve taken the at-the-branch option where certain charges are applicable to initiate the transfer request. These charges are as per the amount of transfer, viz.:
- Up to Rs 10,000: Rs 2.50
- Rs 10,001 to Rs 1 lakh: Rs 5.00
- Above Rs 1 lakh to Rs 2 lakhs: Rs 15.00
- Above Rs 2 lakhs: Rs 25
Please note NEFT charges are not applicable for transactions initiated online.
Indian Bank NEFT Timings
If you’re doing an NEFT from your Indian Bank account using any of the many digital channels, you can do so at any time, i.e. 24x7x365. However, the rules change when you choose to physically visit the branch and initiate the transfer there. These are:
Monday – Friday: 0800 hours to 1900 hours
1st, 2nd and 5th Saturdays: 0800 hours to 1300 hours
Check: Indian Bank Timings
Also, check other bank’s NEFT Form in the below table:
Indian Bank NEFT Form: FAQs
No, NEFT via netbanking/mobile banking does not require you the submission of Indian Bank NEFT form. It’s only required when making the transfer request at the bank.
Indian Bank NEFT may take anywhere from half an hour to 2 hours to credit the requested amount to the beneficiary’s account.
Indian NEFT online window is open 24×7. For at-the-bank Indian Bank NEFT, please check the Indian Bank timings.
You can use the reference number/acknowledgement number/UTR number that the bank provided you at the time of submitting the NEFT form to check the status of your Indian Bank NEFT transaction. This number is also sent via SMS and email when NEFT is done online.
For any concerns regarding your NEFT transaction status, please contact the Indian Bank customer care.
NEFT stands for National Electronic Fund Transfer.