New RTGS/NEFT Application Form PDF Download from Indian Overseas Bank – Overseas Indian Bank The two services that the Indian government permits to handle the process of transferring money from one account to another are NEFT and RTGS. Moreover, Indian Overseas Bank processes fund transfers via RTGS and NEFT formats.
Indian Overseas Bank (IOB) RTGS Form
Indian Overseas requests that clients fill out RTGS forms for transfers over 2 lakh rupees and utilise NEFT forms for transfers under 2 lakh rupees.
Indian Overseas Bank (IOB) NEFT Form
IOB RTGS & NEFT Form
- Download the Indian Overseas Bank RTGS Form in PDF format Here.
- Download the IOB NEFT Form in PDF format Here.
Almost all Indian banks utilise the RTGS (Real-Time Gross Settlement) and NEFT (National Electronic Fund Transfer) systems to move funds around the country. They are a secure and reliable solution that has worked well from the beginning.
You need the following information before filling the forms to carry out your transfer of funds. –
- Transfer Amount
- Beneficiary Account No.
- Beneficiary Bank Name
- Beneficiary Customer Name
- Beneficiary Bank Account Number
- IFSC code of Beneficiary Bank Branch
Now, in order to fill out the form correctly, you must follow the procedures listed below:
- The NEFT/RTGS forms for two portions are provided. The left section is filled out by the customer, while the right section is filled out by the bank with information such as the sender account information, beneficiary account information, beneficiary bank IFSC code, and the amount that needs to be transferred. The bank must fill out the remaining section.
- The Indian Overseas Bank staff will fill out the correct area of the form. The employee will fill out the part with the transaction id and other information when the transaction is successful.