Indian Bank RTGS Form - How to Download Indian Bank RTGS Form?

Real-Time Gross Settlement (RTGS) is a secure and efficient system for electronic fund transfers within or between banks. With its speed and efficiency, RTGS has become a preferred choice for businesses and individuals managing large financial transactions. In this comprehensive blog, you will learn everything you need to know about the Indian Bank’s RTGS form.

What is the Indian Bank RTGS Form?

At Indian Bank, the RTGS service enables customers to transfer funds instantly to other banks in real-time. To initiate an RTGS transaction, individuals must complete and submit the Indian Bank RTGS form. The form is used for initiating instant and secure fund transfers between bank accounts.

How to Download Indian Bank RTGS Form?

All account holders of Indian Bank who wish to avail themselves of the RTGS fund transfer service from their accounts will have to download the form online. Follow these steps to download the form online:

• Open any browser and search for “Indian Bank RTGS form.”
• To download the form online, find the one with the PDF option on the Indian Bank’s official website.
• Click on the link and download the form on your device.

How to Fill the Indian Bank RTGS Form?

When using an RTGS form for fund transfers, ensure all details are accurate to avoid delays. Here is how to fill it out:

• Tick the RTGS option in the form and write the transfer amount in both figures and words.
• Indicate the mode of fund remittance, such as cash, cheque, or debit.
• Specify the amount, applicable charges, and the total amount.
• Fill in your account number, cheque number (if applicable), date, name, address, and mobile number.
• Provide the beneficiary’s name, account number, bank name, IFSC code, and address. Double-check these details for accuracy and include any message or purpose for the transfer if needed.
• Once you have reviewed all the details, sign the form under the Customer’s Signature column.

RTGS via IndOASIS Mobile Banking App

Indian Bank’s mobile banking app, IndOASIS, offers a quick and user-friendly way to make RTGS transfers. Here is how:

• Open the IndOASIS application and log in to your account.
• Tap on the Funds Transfer option on the home screen.
• Select IMPS 24x7 for immediate fund transfer and faster processing.
• Choose the account from which you want to transfer funds and enter the beneficiary’s bank details, including their name, account number, and IFSC code.
• Specify the amount you wish to transfer.
• Click on Proceed, review all the entered details, and confirm them. Enter your TPIN and click Submit.
• Verify the transaction using the OTP sent to your registered mobile number. The bank will transfer the funds instantly.

Documents Required for an Indian Bank RTGS

To complete an RTGS transaction, certain key details must be provided accurately.

• The remitter’s name and address
• Beneficiary’s name and account number
• Name of the receiving bank
• IFSC code of the beneficiary’s bank branch
• Branch name of the receiving bank
• Amount to be transferred

Indian Bank RTGS Form Signature

After verifying that all the information on the form is accurate and complete, sign the form in the designated Customer’s Signature column. This step is crucial, as your signature serves as authorization for the bank to process the transaction.

Indian RTGS Form Download in Excel

The Indian Bank RTGS form is officially available in PDF format, and an Excel version is not provided by the bank. However, if needed, you can manually create an Excel template based on the PDF form to simplify the filling process before printing and submitting it at the bank. It is recommended that the official Indian Bank RTGS form PDF version be used for accuracy and acceptance.

Indian Bank RTGS Charges

If you choose to make an online RTGS transaction, Indian Bank will not charge you any fees. However, for offline RTGS transactions, the following charges apply:

• Rs. 25 + GST for transactions between Rs. 2 lakh and Rs. 5 lakh.
• Rs. 50 + GST for transactions exceeding Rs. 5 lakh.

Final Words

The Indian Bank RTGS facility provides a secure, efficient, and reliable method for transferring funds. RTGS facility is available 24x7 through Indian Bank net banking, allowing users to transfer funds instantly at any time without visiting a bank branch. This ensures that individuals and businesses can make high-value transactions conveniently without being restricted by banking hours.

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4. IDBI RTGS Form
5. IndusInd Bank RTGS Form