SBI RTGS Form - How to Download SBI RTGS Form?

SBI RTGS form is required to initiate high-value fund transfers of Rs. 2 lakh or above using the SBI Real Time Gross Settlement (RTGS) system. Customers can download the SBI RTGS form PDF online or collect a physical copy at a branch to authorise the transfer. SBI RTGS ensures secure, same-day settlement of funds between banks.

Key Highlights:

• Modes to get the form: Download SBI RTGS form PDF online or collect it from the branch.
• Charges: Free via internet banking/YONO; Rs. 20 + GST at branch (Rs. 2–5 lakh), Rs. 40 + GST (above Rs. 5 lakh).
• Timings: Available 24×7 online; branch timings apply for offline RTGS.
• Details required: Sender & beneficiary account number, IFSC, branch details, cheque number, and amount.

What is the SBI RTGS Form?

The SBI RTGS form is a standard application form used to authorise an RTGS transaction. It requires the sender’s and beneficiary’s details such as account number, bank name, IFSC code, and the transaction amount. The form ensures error-free, secure high-value transfers through SBI’s RTGS system.

SBI generally does not charge fees for RTGS transactions made online through Internet banking or the YONO app. 

How to Download the SBI RTGS Form?

The SBI RTGS form download process is simple and accessible through various channels. They are discussed as follows:

Online

Here are the steps to follow to download RTGS form using SBI’s website:

• Visit the official website of the State Bank of India.
• Navigate through the home page, and click on ‘Personal Banking’.
• Select the ‘RTGS NEFT’ option.
• On the page you are redirected, scroll down and click on ‘Download Application Form’.
• After you are directed to the PDF, click the 'Download' option and select 'Save As'.

Offline

You can also get the RTGS form using the offline mode. Here are the steps:

• Visit the nearest SBI branch.
• Request a hard copy of the RTGS form from the counter.
• Fill out the form with all necessary details and sign it. 
• Submit it at the counter.

SBI RTGS Form PDF Download

All customers opting for RTGS fund transfers must download the SBI RTGS form online to initiate the process. You can download the SBI RTGS form pdf directly from the official website of SBI. 

How to Fill SBI RTGS Form?

If you want to know the steps of filling your SBI RTGS form accurately, read the steps mentioned below:

• Begin the filling process by entering the date.
• Tick on the transaction method, that is, RTGS or NEFT.
• In both words and numbers, state the entire transaction amount.
• Write the name of the sender's bank and branch.
• Mention the account number of the sender.
• Enter the payee's name.
• Carefully enter the cheque number.
• Proceed to the form's right-hand area and include the code and date.
• Give the account number, IFSC code, bank name, branch name, and beneficiary's name.
• The name, address, phone number, and complete signature of the applicant should be mentioned.

SBI RTGS Form Signature

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

SBI RTGS Documents Required

To initiate an RTGS transaction, you may need to provide additional documents, along with your RTGS form, such as:

• Know Your Customer (KYC) Documents: Requires proof of identity and address. You can provide documents like a voter ID card, Aadhaar card, driving license, etc.
• PAN Card: A valid PAN card is mandatory for transactions exceeding a specific limit.

SBI RTGS Form Download in Excel

While the standard RTGS form is available 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.

SBI RTGS Charges

The State Bank of India offers fee-free RTGS transactions through online banking services. However, charges apply for transactions conducted at SBI branches. For amounts ranging from Rs. 2,00,000 to Rs. 5,00,000, the fee is Rs. 20.00 + GST. Transactions above Rs. 5,00,000 incur a fee of Rs. 40.00 + GST. 

Certain account holders, including Gold, Diamond, Platinum, and Rhodium current account variants, government departments, autonomous and statutory bodies, and defence-paramilitary establishments, are exempt from RTGS transaction fees. Silver Current Account holders can also enjoy free RTGS transactions via the CINB channel.

SBI RTGS Timings

SBI provides RTGS facilities both online and offline, but the timings differ depending on the mode of transaction:

• Online via Net Banking or YONO: RTGS is available 24×7, including Sundays and bank holidays, ensuring that customers can transfer high-value funds anytime without restrictions.
• Branch Transactions: For RTGS initiated at an SBI branch, the service is available only during regular working hours, which may vary slightly depending on the branch location and local banking schedule.

SBI RTGS Limit

SBI has set specific transaction limits for RTGS transfers to ensure smooth handling of both individual and business payments. The minimum and maximum limits depend on the type of account you hold:

• Minimum Limit: The minimum amount for an RTGS transaction is Rs. 2 lakh, applicable to all SBI customers.
• Individual (Saral) Accounts: Customers using Saral accounts can transfer up to Rs. 10 lakh per transaction, with a daily cap of Rs. 10 lakh.
• Business Accounts (Vyapaar & Vistaar): Vyapaar accounts allow RTGS transfers up to Rs. 50 lakh per transaction, while Vistaar accounts permit very high-value transfers of up to Rs. 2,000 crore per transaction, with no daily ceiling.

The SBI RTGS form makes it simple for customers to transfer large sums securely through Real Time Gross Settlement. Whether you choose to download the SBI RTGS form PDF online or collect it directly from a branch, the process is quick and straightforward. Always double-check the details you provide to avoid errors and ensure your supporting documents are valid. 

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