Bank of Baroda's Real-Time Gross Settlement (RTGS) service is a secure and efficient way to instantly transfer large sums of money between bank accounts across India. Designed for high-value transactions, this facility eliminates the risks of credit or settlement delays, offering customers peace of mind. To use this service, you need to complete the Bank of Baroda RTGS form. In this blog, we’ll guide you through everything you need to know about the RTGS form and how to make the most of this seamless payment facility.

What is the BOB RTGS Form?

The BOB RTGS form is a document used for high-value fund transfers through the Real-Time Gross Settlement (RTGS) system. It allows immediate and secure transfer of amounts above Rs. 2,00,000 between banks. 

The form collects essential details, including the name, account number, beneficiary details (name, account number, bank, IFSC code), transaction amount, and applicant's transfer purpose. To initiate the transaction, you must complete, sign, and submit the form at the nearest BOB branch. 

How to Download the BOB RTGS Form?

You can conduct the RTGS transfer online or offline as a Bank of Baroda customer. In addition, you can download the Bank of Baroda RTGS form PDF from the bank’s website and submit it by visiting the branch to initiate the process. Here is a detailed step-by-step guide you can follow to download the RTGS form from the Bank of Baroda:

• Visit the official website of the Bank of Baroda.
• Open the ‘Download Forms’ option and look for the RTGS Paying Slip.
• Click the ‘Download’ option to download the Bank of Baroda RTGS paying slip.
• The form will be downloaded to your device, and you can print it out to complete the information.

How to Fill the BOB RTGS Form?

If you are wondering about the Bank of Baroda RTGS form-filling process, you can follow these simple and hassle-free steps:

• Download the form by following the above steps.
• Input the branch name, time of receipt, and date into the form.
• Write the sender’s account number of the base branch.
• Mention the account number of the sender.
• Select the RTGS transaction type in the form.
• Write the beneficiary’s name and the bank name.
• Input the branch name, IFSC code, and receiver's account number.
• Tick the receiver’s bank account type, like SB, NRE, CA, CC, OD, credit card, or remittance to Indo Nepal.
• Enter the amount, exchange and total amount in numbers and words.
• Write the receiver’s account number again (mandated by the RBI).
• Sign it and provide your phone number and PAN Card number.

BOB RTGS Form PDF Download 

To initiate the process, all customers opting for RTGS fund transfers must download the Axis Bank RTGS form online. You can refer to the link given below:

rtgs-neft-payinslip.pdf

BOB RTGS Documents Required

The following are important documents that you must require when filling out the BOB RTGS form or submitting it to the bank:

• The beneficiary’s cheque leaf.
• Your Bank of Baroda passbook.
• Duly filled form of the BOB RTGS.
• Identification documents, such as PAN card, Aadhaar card, etc.

BOB RTGS Form Filling Sample

The following is a sample of the Bank of Baroda RTGS form download for your reference:

BOB RTGS Form Signature

Signatures play a crucial role in authenticating the transaction. Ensure your signature matches the one registered with your Bank of Baroda account. Any discrepancy may result in the rejection of your form.

BOB RTGS Form Download in Excel

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.

How to File the BOB RTGS Form Online?

Here are a few simple steps you can follow to apply for the Bank of Baroda RTGS form online:

Net Banking: The following are hassle-free steps you can follow to transfer funds through BOB’s RTGS net banking feature:

• Visit the Bank of Baroda’s net banking website.
• Enter your user ID and password to log into your banking account.
• Select the ‘Transfer Fund with RTGS’ option.
• Input your account details, such as account number, IFSC code and branch.
• Enter the beneficiary’s account details, such as account number, name and IFSC code.
• Select or enter the purpose of the transfer.
• Enter the amount if it is more than Rs. 2,00,000 and complete the transaction.

Mobile Application: Here is a step-by-step guide you can follow to complete the BOB RTGS transfer through the bank’s mobile application:

• Download the ‘BOB World’ application on your smartphone.
• Enter your user ID and password to log into your banking account.
• Select the ‘Transfer Fund with RTGS’ option.
• Input your account details, such as account number, IFSC code and branch.
• Enter the beneficiary’s account details, such as account number, name and IFSC code.
• Select or enter the purpose of the transfer.
• Enter the amount if it is more than Rs. 2,00,000 and complete the transaction.

Bank of Baroda RTGS Charges and Timings

Bank of Baroda offers RTGS transactions with the convenience of 24x7 availability throughout the year, including public holidays and weekends. 

However, the bank applies specific service charges for these transactions. For amounts between ₹2 lakhs and ₹5 lakhs, the charges are ₹25 per transaction between 8:00 AM and 11:00 AM, ₹27 per transaction between 11:00 AM and 1:00 PM, and ₹30 per transaction after 1:00 PM. 

For transactions above ₹5 lakhs, the charges are ₹55 per transaction between 9:00 AM and 12:00 noon, ₹56 per transaction between 12:01 PM and 3:30 PM, and ₹61 per transaction after 3:30 PM. All charges are exclusive of GST.

Henceforth, RTGS is a reliable and secure option to transfer funds from the Bank of Baroda to any bank with no maximum limit. The facility allows you to send funds offline through the bank branch using a Bank of Baroda RTGS form or online via BOB’s net banking or mobile banking services. Moreover, the system is available 24*7*365 without any restrictions on timings or holidays.

Hence, these factors make RTGS an ideal choice for bulk transfers. However, you must be careful when entering the beneficiary's account number, as transactions cannot be reversed if you send funds to another account. Therefore, you must have the beneficiary's cheque or passbook details while conducting the financial transaction. 

Related Articles:
1. HDFC Bank RTGS Form
2. SBI Bank RTGS Form
3. Axis Bank RTGS Form
4. Canara Bank RTGS Form