Indian Bank RTGS Form: Complete Guide to Fill & Submit

Key Takeaways

1. The Indian Bank RTGS form enables secure, real-time fund transfers of ₹2,00,000 and above between banks through both online and offline channels.
    
2. Customers can easily download, fill out, and submit the RTGS form with accurate sender and beneficiary details for quick processing.
    
3. With 24×7 RTGS and NEFT services, Indian Bank ensures convenient, safe, and cost-effective high-value money transfers anytime.
    
4. The Indian Bank RTGS form enables secure real-time fund transfers of ₹2,00,000 or more, available both online and offline.
    
5. Customers can download the Indian Bank RTGS form PDF, fill sender and beneficiary details, and submit it at branches.
    
6. Indian Bank offers 24×7 RTGS services with zero online charges and nominal branch fees, ensuring fast high-value transactions.

Bonus Point: The Reserve Bank of India (RBI) announced the removal of all customer charges to RTBI on RTGS and NEFT transactions. They stated that they previously levied minimal fees on banks for processing large-value and regular fund transfers of customers through these systems.

Bonus Tip: RTGS transactions must be credited to the beneficiary’s account within 30 minutes of processing, as mandated by RBI guidelines.

Rajesh from Delhi runs a small convenience store in Dwarka. His consignment was delayed. The packaging company required him to pay the outstanding of ₹2,00,000 immediately. Rajesh conveniently carried out the Indian Bank RTGS process and the delivery of his consignment was back on track within minutes.

The Indian Bank RTGS form allows customers to transfer funds of ₹2,00,000 or more securely and instantly through the Real-Time Gross Settlement system. It requires essential details such as the sender’s and beneficiary’s names, account numbers, and IFSC code. Indian Bank RTGS form is available both online and offline. This form ensures reliable and hassle-free transactions for individuals and businesses seeking high-value fund transfers. Indian Bank RTGS form PDF ensures secure and quick high-value fund transfers. It can be obtained from any Indian Bank branch or downloaded online for convenience.

Rajesh said, “Thankfully, I knew how to download, fill, and submit the Indian Bank RTGS form. It was a lifesaver! I could make high-value fund transfers safely, fast, and conveniently.”

What Is the Indian Bank RTGS Form?

The Indian Bank RTGS form is used to transfer funds of ₹2,00,000 or more through the Real-Time Gross Settlement system. It requires details such as the sender’s and beneficiary’s names, account numbers, IFSC code, and transfer amount. 

This Indian Bank RTGS form PDF ensures secure and quick high-value fund transfers and can be obtained from any Indian Bank branch or downloaded online for convenience.

How To Download the Indian Bank RTGS Form?

You can easily do an Indian Bank RTGS form PDF free download in English in just a few simple steps. The process is quick and convenient for all customers to make a high-value RTGS transaction through Indian Bank.

Step-by-Step Guide to Download the Indian Bank RTGS Form

1. Go to the official website: Open your web browser and visit the Indian Bank official website.
2. Find the forms section: Navigate to the “Forms” or “Application Forms” section, usually located in the footer of the website.
3. Locate the RTGS form: Under “Service Forms” or a similar category, look for the “NEFT/RTGS Application Form.”
4. Download the PDF: Click on the form link to download the PDF file to your device.
5. Print and fill: Print the downloaded form and fill in all required details, such as your account information and beneficiary details.
6. Submit at the branch: Take the filled form to your nearest Indian Bank branch to process your RTGS transaction.

Step-by-Step Guide to Download the Indian Bank RTGS Form (Official)

1. Open the official Indian Bank website: Go to https://indianbank.bank.in/applicationforms/ 
    
2. Scroll to the footer of the homepage: Look for the link labeled “Forms Download.” This is where the bank provides various downloadable application forms.
    
3. Click “Forms Download”: This opens the Application Forms page containing downloadable forms used for different services.
    
4. Find the RTGS/NEFT Application Form under the forms list: On the Application Forms page, look for the NEFT/RTGS Application Form option for offline funds transfer.
    
5. Click to download the PDF: Select the NEFT/RTGS form link to download it to your device.
    
6. Print and fill the form: Once downloaded, print the PDF, fill all required details (sender and beneficiary information), and sign.
    
7. Submit at your branch: Take the filled form to your nearest Indian Bank branch for RTGS processing. 

Do the Indian Bank RTGS form download and fill it. Once you submit the Indian Bank RTGS form, the bank will verify your details and process the transaction. They ensure a safe and real-time fund transfer to the beneficiary’s account.

How To Fill the Indian Bank RTGS Form?

If you wish to transfer funds through the Real-Time Gross Settlement (RTGS) system at Indian Bank, you’ll need to fill out the Indian Bank RTGS form PDF carefully with accurate details. Here’s a simple guide to help you complete the form correctly.

Steps to Fill the Indian Bank RTGS Form

Sender’s Information

• Account Number: Enter your Indian Bank account number from which the funds will be debited.
• Name and Address: Write your full name, address, and registered mobile number.
• Cheque Details: If you’re using a cheque, mention the cheque number and date.
• Amount: Write the amount to be transferred in both figures and words.

Beneficiary’s Information

• Name: Enter the full name of the person or organisation receiving the funds.
• Account Number: Fill in the correct account number of the beneficiary.
• Bank and Branch: Mention the beneficiary’s bank name and branch details.
• IFSC Code: Provide the 11-digit IFSC code of the beneficiary’s bank branch.

Transaction Details

• Amount: Reconfirm the transfer amount in both figures and words, including any applicable charges.
• Date: Mention the date of the transaction.
• Fund Transfer Mode: Tick “RTGS” and choose the payment mode, cash, cheque, or account debit.

Final Steps

• Review: Carefully verify all sender and beneficiary details for accuracy.
• Sign: Sign in the “Customer’s Signature” section to authorise the transaction.

After completing the Indian Bank RTGS form, submit it along with your cheque (if applicable) at your nearest Indian Bank branch. Once processed, your funds will be securely transferred to the beneficiary in real time.

Required Documents For the Indian Bank RTGS Form

Before initiating an RTGS transaction through Indian Bank, make sure you have all the necessary details ready. Although no additional physical documents are usually required, accurate information is essential for a smooth and secure transfer.

Documents and Information Required for the Indian Bank RTGS Form

• A completed Indian Bank RTGS form: Ensure all fields are filled correctly.
   
• Your account details: Include your name and account number from which the funds will be debited.
   
• Beneficiary’s bank details:
  • Name of the beneficiary.
  • Name and branch of the beneficiary’s bank.
  • Beneficiary’s account number.
  • IFSC code of the beneficiary’s bank branch.
     
• Transaction details:
  • The exact amount to be transferred (in figures and words).
  • Purpose of the transfer.
  • Any sender-to-receiver information, if applicable.

In some cases, the bank may ask for your passbook or a cheque leaf for verification. Keep these details ready to ensure your Indian Bank RTGS transaction is processed quickly, safely, and without any delays.

Indian Bank RTGS Charges

Indian Bank charges a nominal fee for NEFT transactions based on the transfer amount. While online NEFT transactions are free, branch transactions have small service charges as per the transaction value.

Indian Bank NEFT Charges
 

These affordable NEFT charges make Indian Bank’s fund transfer service accessible and cost-effective for customers, encouraging the use of both digital and in-branch transactions.

Indian Bank RTGS Timings

Indian Bank provides round-the-clock NEFT and RTGS services, allowing customers to transfer funds conveniently at any time without being restricted by banking hours.

Indian Bank NEFT / RTGS Timings
 

With 24×7 online availability for both RTGS and NEFT, Indian Bank ensures seamless and instant fund transfers. You can carry out RTGS and NEFT transactions online even on weekends and bank holidays. If you wish to submit the Indian Bank RTGS form offline, you need to visit the bank during the working hours. The Indian Bank working hours are 10.00AM - 4:00PM, Monday to Friday, and some Saturdays.

Conclusion

The Indian Bank RTGS form is a simple and reliable way to transfer large sums securely between banks. With easy access, minimal charges, and 24×7 availability, it ensures quick fund transfers for both personal and business needs. 

You can do an Indian Bank RTGS form PDF free download in English or fill the form at a branch. RTGS through Indian Bank guarantees speed, safety, and convenience for all high-value transactions.

FAQs 

What is the minimum amount required for RTGS in an Indian Bank?
The minimum amount for RTGS transactions in the Indian Bank is ₹2,00,000.

Can I download the Indian Bank RTGS form online?
Yes, the Indian Bank RTGS form can be easily downloaded from the official Indian Bank website.

Are Indian Bank RTGS services available 24×7?
Yes, Indian Bank offers RTGS and NEFT services round the clock, including weekends and holidays.

Do I need to provide ID proof for RTGS transactions in the Indian Bank?
Generally, no ID proof is needed, but the bank may request a passbook or cheque leaf for verification.

What are the Indian Bank RTGS charges for online transactions?
As per RBI guidelines, there are no charges for online RTGS transactions through Indian Bank.

Which is the fastest and most suitable fund-transfer method among NEFT, RTGS, and IMPS?
IMPS is the fastest as it works 24×7 with instant credit, RTGS is ideal for high-value transfers (₹2,00,000 and above) with real-time settlement, while NEFT is best for regular transfers processed in half-hourly batches.

Can you make an *RTGS transfer from an Indian bank to an international bank account?
No, RTGS is strictly a domestic funds-transfer system within India and cannot be used for international transfers; cross-border remittances must go through international wire/SWIFT or dedicated remittance services instead.

Are large RTGS transactions in India automatically reported or monitored by banks?
Yes, banks are required to monitor and report high-value cash and suspicious transactions (including large RTGS transfers) under RBI’s AML/CFT guidelines, and transactions that appear unusual may be flagged for internal review or reported to the Financial Intelligence Unit (FIU-IND).

Does making a large bank transfer in India automatically trigger income tax if it’s not income (for example, transferring your own savings)?
No, large bank transfers by themselves are not taxable; however, banks may report high-value transactions under Income-tax SFT (Statement of Financial Transactions) rules, and you only need to explain the source if the tax department seeks clarification.

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