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Federal Bank RTGS NEFT Form PDF 2023
Federal 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. Federal Bank NEFT Form is used to do NEFT in Bank. In Federal Bank NEFT amount less than 2 lakh can be transferred to any bank account.
The Federal Bank is one of leading private sector Bank’s in India. The Federal Bank is providing service to it’s customer with more than 1300+ Branches. The Federal Bank is popular for providing best level of NRI Banking to it’s customer. The Bank’s headquarter is situated in Kochi, Kerala. The Bank works as scheduled commercial private Bank.
The Federal Bank is one of Pre-Independence era Bank. It was founded in 1931. The Federal bank is market listed Bank in India. It was listed in 1994. The Bank offer net Banking, Mobile Banking to it’s customer. The Federal Bank has wide variety of Product portfolio for the NRI customers.
Also read, Federal Bank Online account opening in % minutes
How to download Federal Bank NEFT And RTGS Form PDF?
You can download Federal Bank RTGS Form PDF from Insuregrams. You can download Federal Bank NEFT Form PDF from Insuregrams. Download Federal 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. Federal Bank 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 Federal NEFT and RTGS?
In Federal Bank NEFT facility is available online and customer can avail facility anytime.
Note: The service of NEFT and RTGS at Federal Bank branch available only during working hours.
RTGS 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 |
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How To Fill Federal 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 Federal 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 Federal 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.
What are charges for Federal Bank RTGS and NEFT?
The federal bank charge nothing for inward RTGS and NEFT Transactions. But they charge for outward RTGS, NEFT.
The charges for NEFT and RTGS in Federal Bank customer are shown in table.
| Amount of RTGS Transaction | Service Charges (Exclusive of GST) |
| Rs.2 lakhs & up to Rs.5 lakhs | Rs. 20 |
| Above Rs.5 lakhs | Rs. 45 |
| Amount of NEFT Transaction | Service Charges (Exclusive of GST) |
| Up to Rs.10,000/- | Rs. 2 |
| Rs.10,001 and up to Rs.1 lakh | Rs. 4 |
| Above Rs.1 lakh and up to Rs.2 lakhs | Rs.14 |
| Above Rs.2 lakhs | Rs.20 |
Note : The RTGS, NEFT charges can be changed by Federal Bank. So cross verify information with Bank staff.
Conclusion
The Federal Bank RTGS form PDF is available for Download. The customer can download and use for Federal Bank’s RTGS transactions. The RTGS form used if the transaction value is bigger then Rs 2 Lakh. For less then Rs 2 Lakh transaction customer can use Federal Bank’s NEFT service.
The Federal Bank is connected with UPI network. Thus customer of Federal Bank of can download UPI application and do UPI transactions. For small amount of transaction, the UPI service is more preferable. The Federal Bank offer NRI services like remittance, Insurance and credit card services to NRI customer. The advanced mobile application also available for the customer.