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Corporation Bank RTGS NEFT Form PDF 2023
Corporation Bank RTGS form is used to do RTGS in Bank. In RTGS Amount more than 2 Lakh Rs can be transferred to any bank account. Corporation bank NEFT Form is used to do NEFT in Bank. In Corporation bank NEFT amount less than 2 lakh can be transferred to any bank account.
The Corporation Bank was merged with Union Bank of India. So customer of Corporation Bank need to use services of Union Bank of India. You can read about Corporation Bank and Union Bank of India merger on our article “Mega Merger of PSU Banks.” The customer can use UBI Bank’s net banking and Mobile Banking Facility for Day to day Banking needs.
Also read, Union Bank of India RTGS Form PDF 2023
How to download Corporation Bank NEFT And RTGS Form PDF?
You can download Corporation Bank RTGS Form PDF from Insuregrams. You can download Corporation bank NEFT Form PDF from Insuregrams. Download Corporation Bank RTGS form from here. You can Use this NEFT Form from here.
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.
Also read, Union Bank of India Customer care Number
What is time for Corporation NEFT and RTGS?
Note: The service of NEFT and RTGS at Corporation Bank branch available only during working hours.
In Corporation Bank RTGS/NEFTtime is shown in table,
| On Working week days Monday to Friday RTGS | 8.00AM to 4:30PM |
| On Working Saturdays RTGS | 8.00AM to 4.30PM |
| On Sundays and Public Holidays RTGS | No Transaction Allowed |
| On Working week days Monday to Friday NEFT | 8.00AM to 7:00PM |
| On Working Saturdays NEFT | 8.00AM to 7:00PM |
| On Sundays and Public Holidays NEFT | No Transaction Allowed |
Download Corporation Bank RTGS NEFT FORM
Also Read, SBI RTGS Form PDF 2023
How To Fill Corporation Bank 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 Corporation Bank 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.
Download Corporation Bank RTGS NEFT FORM
Also read, UCO HRMS Portal Login
What are charges for Corporation RTGS and NEFT?
The charges for NEFT and RTGS in Corporation banks are shown in table.
| Amount of RTGS | Transaction Service Charges (Exclusive of GST) |
| Rs.2 lakhs & up to Rs.5 lakhs | Rs 25-30 |
| Above Rs.5 lakhs | Rs 50-55 |
| 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 200000 | Rs 25 |
Conclusion
The customer of Corporation Bank must use UBI Bank’s facility. The Union Bank of India RTGS form useful if transaction value is more than Rs 2 Lakh. If the transaction value is less then Rs 2 Lakh then you need to use UBI NEFT form PDF. You can use UPI facility of Union Bank of India.