PNB RTGS & NEFT Form : Download/Print : Punjab National Bank

By | June 26, 2018
(Last Updated On: July 24, 2018)

Punjab National Bank RTGS & NEFT Form

Download Punjab National Bank RTGS and NEFT Application Form in PDF Format. Download Punjab National Bank NEFT Form in PDF Format, Download Punjab National Bank RTGS Form in PDF Format, Download Latest & Updated Punjab National Bank RTGS / NEFT Form in PDF format, Request form of RTGS/ NEFT for Punjab National Bank, Download Punjab National Bank Electronic Remittance Transaction Initiation Voucher (RTGS / NEFT), Download Punjab National Bank NEFT Pay Slip, Download Punjab National Bank RTGS Pay Slip in PDF ,Punjab National Bank IMPS Transfer Form, . Just input the details of name of Branch, Amount to be remitted and details of Remitter and beneficiary. Now scroll down below and Download Punjab National Bank RTGS, NEFT Form in PDF Format.

Punjab National Bank RTGS Form /DD Form   : in  English : Download/Print 

Punjab National Bank NEFT Form Form : in  English : Download/Print 

 

Punjab National Bank RTGS NEFT form download PNB RTGS

Real Time Gross Settlements (RTGS) / National Electronic Funds Transfer (NEFT):

Real Time Gross Settlements (RTGS)

The acronym `RTGS` stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds transfers individually on an order by order basis (without netting). `Real Time` means the processing of instructions at the time they are received rather than at some later time; `Gross Settlement` means the settlement of funds transfer instructions occurs individually (on an instruction by instruction basis). Considering that the funds settlement takes place in the books of the Reserve Bank of India, the payments are final and irrevocable.

How RTGS Is Different From National Electronics Funds Transfer System (NEFT)?

NEFT is an electronic fund transfer system that operates on a Deferred Net Settlement (DNS) basis which settles transactions in batches. In DNS, the settlement takes place with all transactions received till the particular cut-off time. These transactions are netted (payable and receivables) in NEFT whereas in RTGS the transactions are settled individually. For example, currently, NEFT operates in hourly batches. [There are twelve settlements from 8 am to 7 pm on week days and six settlements from 8 am to 1 pm on Saturdays.] Any transaction initiated after a designated settlement time would have to wait till the next designated settlement time Contrary to this, in the RTGS transactions are processed continuously throughout the RTGS business hours.

All PNB Branches Are RTGS Enabled.

When Does The Beneficiary Get The Credit For An NEFT Payment ?

The beneficiary can expect to get credit for the first ten batches on week days (i.e., transactions from 8 am to 5 pm) and the first five batches on Saturdays (i.e., transactions from 8 am to 12 noon) on the same day. For transactions settled in the last two batches on week days (i.e., transactions settled in the 6 and 7 pm batches) and the last batch on Saturdays (i.e., transactions handled in the 1 pm batch) beneficiaries can expect to get credit either on the same day or on the next working day morning.

If An RTGS Transaction Is Not Credited To A Beneficiary Account, Does The Remitter Get Back The Money?

Yes. If the beneficiary`s bank is unable to credit the beneficiary`s account for any reason, the former will return the money to the remitting bank within 2 hours. Once the amount is received by the remitting bank, it is credited to the remitter`s account by the branch concerned.

Information Required For Transfer Of Funds

  • Amount to be remitted
  • Account no. to be debited
  • Name of the beneficiary bank
  • Name of the beneficiary customer
  • Account no. of the beneficiary customer
  • Sender to receiver information, if any

Time Schedule

Service TypeRemittance TypeStart TimeEnd Time
Retail Internet BankingNEFT6:00 a.m.6:35 p.m.
RTGS8:00 a.m.4:15 p.m.
Mobile BankingNEFT6:00 a.m.6:35 p.m.
Corporate Internet BankingNEFT6:00 a.m.6:35 p.m.
RTGS8:00 a.m.4:15 p.m.
Bulk NEFT6:00 a.m.6:30 p.m.
Bulk RTGS8:00 a.m.3:45 p.m.
Branch (Within Working Hours)NEFT8:00 a.m.6:40 p.m.
RTGS8:00 a.m.4:20 p.m.

Is There Any Minimum / Maximum Amount Stipulation For Rtgs Transactions ?

The Minimum And Maximum Amount For RTGS Transactions

MinimumMaximum
Rs 2 lacsNo limit

RTGS Charges

Charges Applicable W.E.F. 01-04-2016

BlockTime Of Transaction VerificationTime Varying Tariff Per Transaction (Rs.)RTGS Charges + GST
FromToRs. 2 lacs to Rs. 5 lacsAbove Rs. 5 lacs
108:0011:00NilRs.25/- + GSTRs50/- + GST
2After 11:0013:002.00Rs.27/- + GSTRs52/- + GST
3After 13:0016:305.00Rs.30/- + GSTRs55/- + GST
4After 16:3010.00Rs.30/- + GSTRs55/- + GST

Our bank`s Customer Facilitation Centre for RTGS related Issues headed by Chief Manager is located at Mumbai :

Punjab National Bank

RTGS – NEFT Cell

First Floor, PNB House

Sir P M Road, Fort

Mumbai – 400 001

Tel: 022-22627526

Email: rtgs@pnb.co.in

National Electronic Funds Transfer (NEFT)

NEFT is an application developed by RBI to facilitate customers to transfer funds from one bank account to another bank account in India. It is an efficient, secure, economical, reliable and expeditious system of funds transfer between banks. There is no minimum or maximum limit for remittance through NEFT.

 ALL PNB BANK Branches Are NEFT Enabled

When Does The Beneficiary Get The Credit For A NEFT Payment ?

NEFT operates in hourly batches. Currently there are eleven settlements from 9 am to 7 pm on week days and five settlements from 9 am to 1 pm on Saturdays. Therefore, the beneficiary can expect to get the credit for the transactions put through between 9 am to 5 pm on weekdays (between 9 am to 12 noon on Saturdays) on the same day. For transactions settled in the 6 and 7 pm batches on week days and at 1 pm on Saturday, the credit will be afforded either on the same day or on the next working day.

If An NEFT Transaction Is Not Credited To A Beneficiary Account, Does The Remitter Get Back The Money ?

Yes. If the money cannot be credited for any reason, the beneficiary`s bank has to return the money within next two batches i.e (B+2) to the remitting bank. Once this amount is received back by the remitting bank, the amount is credited to the Remitters account by the remitting bank.

The Minimum And Maximum Amount For NEFT Transactions

MinimumMaximum
No limitRs. 500.00 lacs

Walk-in- Customers can transfer fund to any other bank (covered under NEFT) through NEFT by depositing cash less than Rs.50000.00.

Service Charges For NEFT Are As Follows

Transaction AmountCharges
Upto Rs.10000/-*Rs. 2.50 + GST
Above Rs10,000/- to Rs.1,00,000/-*Rs.5.00 + GST
Above Rs.1,00,000/- to Rs.2,00,000/-Rs. 15.00 + GST
Above Rs.2,00,000/-Rs.25.00 + GST

*with effect from 01-01-2014.

Note: RTGS and NEFT systems work on all days except on Sundays and RTGS/NEFT holidays (declared by RBI).

Information Required For Transfer Of Funds

  • Amount to be remitted
  • Account no. to be debited
  • Name of the beneficiary bank
  • Name of the beneficiary customer
  • Account no. of the beneficiary customer
  • Sender to receiver information, if any
  • IFSC code of the receiving branch.(IFSC Code is printed on cheque leaves.)

These facilities are available at all our branches. For further details, please contact our nearest branch.

PNB Bank`S Customer Facilitation Centre For NEFT Related Issues Headed By Chief Manager Is Located At Mumbai :

Punjab National Bank

RTGS – NEFT Cell

First Floor, PNB House

Sir P M Road, Fort

Mumbai – 400 001

Tel: 022-22627511

Email: neft@pnb.co.in

Please read the Conditions carefully after downloading for Transfer /Punjab National Bank RTGS & NEFT Form ( Given below this form )

Refer Official Website of Punjab National Bank and refer RTGS Rules Click here

Other Banks RTGS Forms

Axis Bank RTGS & NEFT Form : Download /Print

Dhanlaxmi Bank RTGS & NEFT Form : Download /Print

DCB Bank RTGS & NEFT Form : Download/Print

HDFC Bank RTGS ; NEFT Form  : Download / Print

ICICI Bank RTGS and NEFT Form  ; Download  Print

IDFC Bank RTGS & NEFT Form : Download /Print

IndusInd Bank RTGS ; NEFT Form: Download / Print

Karur Vysya Bank RTGS & NEFT Form : Download /Print

Karnataka Bank RTGS & NEFT Form : Download /Print

Kotak Mahindra Bank RTGS & NEFT Form : Download/Print

RBL Bank RTGS & NEFT Form : Download /Print

SBI RTGS; NEFT Form : Download; Print in PDF Format

South Punjab National Bank RTGS & NEFT Form : Download/Print

Yes Bank RTGS & NEFT Form  : Download /Print


This  Form can be called as Application cum Debit Authority form for RTGS/ NEFT/ IMPS Transfer /Punjab National Bank  Transfer application form  for transfer of money from Punjab National Bank account to other banks. / Fund Transfer form Punjab National Bank /Punjab National Bank DD/FUND TRANSFER APPLICATION FORM , PNB RTGS Form , PNB NEFT Form,punjab national bank rtgs form,pnb rtgs form,rtgs form punjab national bank,pnb neft & rtgs form in pdf,pnb rtgs form pdf download,rtgs form pnb,punjab national bank rtgs form pdf,punjab national bank rtgs form format pdf,pnb bank rtgs form,pnb money transfer form,rtgs neft form,pnb rtgs form pdf,rtgs form of pnb,pnb rtgs form format pdf download,pnb rtgs form format pdf ,pnb rtgs form download,rtgs form pnb free download pdf,pnb rtgs/neft form download pdf,pnb rtgs form format

Application for National Electronic Fund Transfer / Real Time Gross Settlement system

Direct Taxes Ready Reckoner
Service Tax Ready Reckoner
Company Law Ready Reckoner
tax deduction at source
New Books Released on Tax , GST and law

3 thoughts on “ PNB RTGS & NEFT Form : Download/Print : Punjab National Bank

  1. Pingback: All Banks RTGS and NEFT Forms - Tax Heal

  2. Pingback: Punjab National Bank Cash and cheque deposit slip : Download/Print - Tax Heal

  3. Pingback: How to get Punjab National Bank Form 16A online (TDS Certificate) - Tax Heal

Leave a Reply

Your email address will not be published. Required fields are marked *