For transfers of funds over Rs. 2 lakh from your bank account to another account, use the bank RTGS form. Federal Bank’s NEFT Form is used to transfer funds between accounts that total less than Rs. 2 lakh. You must fill out an RTGS or NEFT form in order to conduct a NEFT or RTGS transaction at a Federal Bank. You may now download a Federal Bank RTGS or NEFT form from our page to transfer money between bank accounts across India.
Federal Bank NEFT Form The bank provides RTGS and NEFT, two systems that make it possible to send money quickly, securely, affordably, and reliably from one bank to another as well as from the sender’s account in one bank to the beneficiary’s account in another bank throughout India.
Federal Bank RTGS Form
Following Download Federal Bank NEFT RTGS PDF Format
Real Time Gross Settlement (RTGS) and National Electronic Fund Transfer (NEFT) systems are well-known.
Timings for FEDERAL BANK RTGS and NEFT RTGS:
Federal Bank’s RTGS and NEFT hours are from 8:00 AM to 7:00 PM on weekdays through online banking or mobile banking, but from 9:30 AM to 3:30 PM and 9:30 AM to 5:00 PM, respectively, on working days, through bank branches.
How to Complete an Offline RTGS/NEFT Form at Federal Bank:
There are several directions in the Federal Bank RTGS/NEFT Form, as may be seen by looking at it. To fill out a Federal Bank NEFT/RTGS form without running into any issues, you must follow these steps:
Some bankers (Mostly Nationalized Banks) want you to add commission amount with FEDERAL BANK RTGS / NEFT Amount, so you need to do that. For example, if NEFT Amount= Rs.1000 and bank will deduct commission of Rs.4.25, then you need to prepare FEDERAL BANK RTGS / NEFT Cheque of Rs. 1004.25 for transfer and you need to fill out detais of amount accordingly.
The NEFT/RTGS form has two components, as you shall see. Customers fill out the left section, while banks fill out the right section.
Customers must fill out information such as Sender Account Details, Beneficiary Account Details (A/c. No., Name), Beneficiary’s Bank Branch IFSC Code, and Amount to be Transferred when transferring money using RTGS or NEFT.
After completing the transaction, the bank will fill out the right section, where they will include the transaction id and other information.