Bank of India RTGS NEFT Form PDF 2022
Bank of India RTGS form is used to do RTGS in Bank. In RTGS Amount more than 2 Lakh Rs can be transferred to any bank account. Bank of India NEFT Form is used to do NEFT in Bank. In Bank of India NEFT amount less than 2 lakh can be transferred to any bank account.
The Bank of India (BOI) is government owned Bank operating in India. The Bank of India was founded in 1906. The Bank of India offer retail and corporate Banking to the customer. The Bank also offer Investment service, wealth management and asset management to the customers. The BOI is heavily engaged with securities and equity offerings. The customer of Bank of India can access net Banking facilities from the official website.
Also read, Indian Overseas Bank RTGS Form NEFT Form
How to download BOI NEFT And RTGS Form PDF?
You can download BOI RTGS Form PDF from Insuregrams. You can download BOI NEFT Form PDF from Insuregrams. Download Bank of India RTGS form from here. You can Use this NEFT Form from here. Download BOI RTGS form and print it for your Banking transaction.
RTGS and NEFT is electronic payment gateway used by Banks for more secure transactions. RTGS is for real time settlement process. While NEFT done in Banking transaction Batches. RTGS stands for Real Time Gross settlement. NEFT stands for National Electronic Fund Transfer system. RTGS and NEFT is more reliable, Secure payment gateway for Electronic transaction.
In RTGS system, Originating and destination bank branches are part of the RTGS network. IN RTGS and NEFT, Beneficiary details such as beneficiary name, account number and account type, name and IFSC of the beneficiary bank branch should be available with the remitter.
What is time for BOI NEFT and RTGS?
Note: The service of NEFT and RTGS at Bank of India branch available only during working hours.
NEFT transactions will be available 24*7 for online transactions such as internet banking, mobile banking
In BOI RTGS/NEFT time is shown in table,
|On Working week days Monday to Friday||8.00AM to 4:30PM|
|On Working Saturdays||8.00AM to 4.30PM|
|On Sundays and Public Holidays||No Transaction Allowed|
Remember, customer need to visit BOI’s Branch during working hours for the RTGS transactions. The Bank of India’s employees are quite helpful to assist you.
How To Fill Bank of India NEFT and RTGS Form?
Remember RTGS is used for amount more than 2 lakh Rs. while NEFT is used for amount less than 2 lakh Rs. Here are steps for how to fill RTGS and NEFT form .
- Amount to be remitted: Write exact amount which should be remitted from your account
- The account number to be debited: Your Bank of India account Number from which the transaction amount will be debited.
- Name of the beneficiary bank and branch: Write clearly beneficiary of your transaction and branch code of beneficiary.
- The IFSC number of the receiving branch: IFSC code is important in RTGS and NEFT. Please write it in form
- Name of the beneficiary customer: Customer Name without any mistake
- Account number of the beneficiary customer: Never mistake in account number. write it carefully.
- Sender to receiver information, if any required. For tax purpose you can write it.
Remember, If you want to do RTGS transaction of Big amount then you can get assistance from the Bank employee. Careful in case of International Transaction
Also Read, PNB RTGS form PDF 2022
What are charges for BOI RTGS and NEFT?
The customer should check RTGS and NEFT transaction in any Bank. The Bank of India can change the service charges on RTGS and NEFT transaction. For the latest BOI RTGS and NEFT charges refer official website. The charges for NEFT and RTGS in Bank of India are shown in table.
|Amount of RTGS||Transaction Service Charges (Exclusive of GST)|
|Rs.2 lakhs & up to Rs.5 lakhs||Rs 22|
|Above Rs.5 lakhs||Rs 45|
|Amount of NEFT||Transaction Service Charges (Exclusive of GST)|
|Up to Rs.10,000/-||Rs. 2.5|
|Rs.10,001 and up to Rs.1 lakh||Rs 5|
|Rs 100001 to Rs 200000||Rs 15|
|Rs 200000||Rs 25|
You can enquire about NEFT and RTGS charges to the Bank employee. The Bank of India customer can do RTGS and NEFT transaction online. You need to login your BOI Net Banking account with login credential.