Karnataka Bank RTGS NEFT Form PDF
Karnataka Bank RTGS form is used to do RTGS in Karnataka Bank. In RTGS Amount more than 2 Lakh Rs can be transferred to any bank account. Karnataka bank NEFT Form is used to do NEFT in Bank. In Karnataka Bank’s NEFT service, amount less than 2 lakh can be transferred to any bank account.
Karnataka Bank is one of Private Bank operating in India. It is classified as scheduled commercial Bank. The Karnataka Bank’s headquarter is situated at Manglore. The Bank has around 900 Branches all across India. The Bank was founded in 1924. The Bank offer Net Banking and Mobile Banking to it’s customer.
Type : PDF
Bank: Karnataka Bank
Information Updated on: 20 February, 2023
Usage: For RTGS and NEFT Transaction in Karnataka Bank
Also read, Karnataka Bank Balance Check Number 2023
How to download Karnataka Bank RTGS And NEFT Form PDF?
You can download Karnataka Bank RTGS Form PDF from Insuregrams. You can download Karnataka bank NEFT Form PDF from Insuregrams. Download Karnataka Bank RTGS form from here. You can Use this NEFT Form from here.
The Karnataka Bank’s RTGS form will be useful if the Transaction amount is more than Rs 2 Lakh. If the Transaction value is less than Rs 2 Lakh than customer need to use Bank’s NEFT Form. The customer can use IMPS or UPI service of Karnataka Bank as per convenience.
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 Karnataka NEFT and RTGS?
In Karnataka Bank NEFT facility is available online and customer can avail facility anytime.
But in Karnataka Bank for RTGS time is shown in table,
|On Working week days Monday to Friday||8.00AM to 6.00PM|
|On Working Saturdays||8.00AM to 6.00PM|
|On Sundays and Public Holidays||No Transaction Allowed|
How To Fill Karnataka Bank RTGS and NEFT 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 Karnataka 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 Karnataka 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 Karnataka RTGS and NEFT?
In Karnataka bank, Service Charges for Inward RTGS and NEFT transactions are FREE.
The charges for NEFT and RTGS in Karnataka bank are shown in table.
Based on category of account the charges for RTGS and NEFT are varied. Here we have taken Karnataka Bank saving account regular for showing charges.
|Amount of RTGS||Transaction Service Charges (Exclusive of GST)|
|Rs.2 lakhs & up to Rs.5 lakhs||Rs 25|
|Above Rs.5 lakhs||Rs 50|
|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|
Note: For the Latest RTGS NEFT service charges and Time, contact your nearest Bank’s Branch.
The Karnataka Bank RTGS and NEFT service available at Branch. The customer can use Net Banking and Mobile Application for financial Transactions. The PNB customer can transact more than Rs 2 lakh with the help of Karnataka Bank RTGS form. For less than Rs 2 Lakh, the customer can use Karnataka Bank’s NEFT service.
As we know, The Karnataka Bank is also available on UPI network. The customer of Karnataka Bank can use UPI applications for small amount of transactions.