South Indian Bank RTGS & NEFT Form
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SOUTH INDIAN Bank RTGS and NEFT Form : in English Download
RTGS is an electronic payment system, which provides online settlement of payments between financial institutions. In this system, payment instructions between banks are processed and settled individually and continuously throughout the day. Through RTGS, the customers of South Indian Bank can make payments to the beneficiary’s a/c in another bank and vice-a-versa. Payee banks and their customers receive funds with finality, during the day, enabling them to use the funds immediately without exposing themselves to risk. It is a highly secured system using PKI and includes signing and encryption.
South Indian Bank RTGS Procedure
For payments through RTGS, the remitter (customer) is required to submit the ‘RTGS Funds Transfer Application Form’ along with his/her cheque for the amount to be transferred plus bank commission at any of south Indian Bank networked branches. The remitter shall be responsible for the accuracy of the particulars given in the RTGS funds Transfer Application Form.
South Indian Bank RTGS Limit
Minimum amount for RTGS transaction is Rs. 2.00 lac.
South Indian Bank RTGS Charges
RTGS payments :
Upto 5 lakhs : Rs.25/- per transaction
5 lakhs & Above : Rs.50/- per transaction
South Indian Bank RTGS Timings:
8:00 am to 04:20 pm
*Second and Fourth Saturdays will be holiday from Sept 1st 2015
Operational Timings provided is that of RBI. Transactions at the branch level depends on individual branch business hours
South Indian Bank IFSC Codes
Click here to view IFSC Codes of South Indian Bank
The South Indian Bank started RTGS operations from 16th July 2004 onwards. All the networked branches of the Bank are RTGS enabled. (Click here for List of RTGS enabled branches) . Customers of all networked branches of South Indian Bank can avail RTGS services for transferring funds to accounts of other banks; provided those bank branches are also RTGS enabled.
This Form can be called as Application cum Debit Authority form for RTGS/ NEFT/ IMPS Transfer / SOUTH INDIAN Transfer application form for transfer of money from SOUTH INDIAN bank account to other banks. / Fund Transfer form SOUTH INDIAN Bank /SOUTH INDIAN Bank DD/FUND TRANSFER APPLICATION FORM
Application for National Electronic Fund Transfer / Real Time Gross Settlement system
Please read the Conditions carefully after downloading for Transfer /SOUTH INDIAN Bank RTGS & NEFT Form ( Given below this form )
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