Indian Bank customers can transfer funds of Rs 2 lakhs or more directly from their account using the RTGS service which is available online and at the bank as well. If you choose the physical option, i.e. by going to the bank, you will need Indian Bank RTGS Form. This form can easily be downloaded in your device and pre-filled. Read further to know how.
Indian Bank RTGS Form Download
Use the download button below to get the Indian Bank RTGS form in your mobile or computer. Alternatively, you will get this form at any Indian Bank branch as well.
Indian Bank RTGS Form Filling: Details Required
The following details must be filled in in the Indian Bank RTGS form for transferring funds at the bank:
- Branch name
- Amount to be transferred (in words and figures, both)
- Name of the sender
- Sender’s account number
- Beneficiary’s name
- Beneficiary’s bank and branch name
- Beneficiary’s account number
- Applicant/Sender’s mobile number
- Sender’s Signature
Indian Bank RTGS Timings
You can do RTGS from your Indian Bank account any time during the day (using the online channel). If you’re going to the bank for requesting the RTGS transfer, you must first check the bank timings. This step can easily be skipped by taking the digital route and making the transaction via netbanking or mobile banking.
Indian Bank RTGS Limit
RTGS, be it from your Indian Bank account or any other bank account, can only be done if the transfer amount is Rs 2 lakhs or more. Any amount below that will not be processed through RTGS. This is as per the RBI guidelines. That said, there is no upper RTGS limit.
Visit the following links to know more about RTGS Form of different Bank’s:
Indian Bank RTGS Form: FAQs
Minimum transaction for Indian Bank RTGS is Rs 2 lakhs, whereas there’s no maximum limit for it.
No. You need the RTGS form only when transferring the amount at the bank.
RTGS can only be used if the amount is at least Rs 2 lakhs. This applies to all the banks.
No. There is only one form for Indian Bank RTGS and NEFT, both.
To fill Indian Bank RTGS form, you need to provide your details (name, branch, account number and mobile number), beneficiary details (name, bank name, branch name, account type, account number, IFSC), amount (in figures and words, both) and details of cheque or cash remitted (whichever is applicable). After this, the bank official will sign and stamp the form and give you the acknowledgment slip. Keep this with you for future reference.
RTGS stands for Real Time Gross Settlement.