Axis Bank provides the Real Time Gross Settlement (RTGS) facility for high-value fund transfers. To use this service offline, customers need to fill out and submit the Axis Bank RTGS form at their nearest branch.
Key Highlights
- Form Availability: Download online or collect from an Axis Bank branch.
- Minimum Amount: ₹2 lakh per RTGS transaction.
- Mode of Use: Mandatory for branch-based RTGS transfers.
- Charges: Free online; ₹25 (₹2–5 lakh) and ₹50 (above ₹5 lakh) at branch.
- Timings: 24×7 for online RTGS; branch hours apply for offline.
The Axis Bank RTGS form is used to initiate offline RTGS transfers at a branch. It includes key details like account information, beneficiary details, transfer amount, payment mode, and customer signature.
The form can be collected from a branch or downloaded online. The minimum RTGS amount is ₹2 lakh, with no upper limit. RTGS is available 24×7.
Instead of visiting a bank branch, you can download a copy of the Axis Bank RTGS form PDF from the bank’s official website.
You will find two sections on the Axis Bank RTGS form, the application form and an acknowledgement slip. Follow the given steps to fill out the form correctly:
Signatures play a crucial role in authenticating the transaction. Ensure your signature matches the one registered with your Axis Bank account. Any discrepancy may result in the rejection of your form.
Follow the given steps to fill out the online Axis Bank RTGS form to initiate an online RTGS transaction:
Once completed, you will receive confirmation via SMS and email, you can follow the same steps on the Axis Mobile app.
To initiate the process, all customers opting for RTGS fund transfers must download the Axis Bank RTGS form online.
Generally, no separate documents are required with the Axis Bank RTGS form. However, the bank may ask for:
While the standard RTGS form is in PDF format, you may not find an Excel version. However, you can create an Excel template based on the PDF form to streamline the filling process.
Axis Bank does not charge any fee for RTGS transactions done through digital channels.
For transactions done at a bank branch, the following charges apply:
As per RBI guidelines, RTGS is available 24×7 all year round, but the settlement of transactions depends on the amount and the time of initiation.
Transactions initiated during this time are settled at 2:00 a.m.
The Axis Bank RTGS form is required for offline fund transfers at branches. Filling accurate details and submitting the form ensures smooth processing. For faster and free transfers, online RTGS via net banking or mobile app is the better option.
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