Axis Bank RTGS Form PDF: Axis Bank account holders can transfer money above 2 Lakh INR from one Bank Account to another bank account through RTGS service. As RTGS is an Electronic Payment system, there is a Continuous real-time settlement of fund-transfers. Therefore customers who are interested to transfer money using this service can download the PDF form from the given link and submit it to a bank branch. However, these bank Customers can Transfer money in Real-time to 100,000-plus branches across India.
How to fill the Axis Bank RTGS Form:
Table of Contents
Axis bank RTGS application form is dividing two parts such as Customers Acknowledgement and Bankers Copy
First applicants have to fill the details in the Customer Acknowledgement
Branch name:
Date:
Remitter Details:
Account Number:
Remitter Name:
Beneficiary Details:
Name:
Account number:
Bank IFSC code:
Amount (in the figure):
Amount (in words):
Applicable charges:
Signature of remitter:
Signature of bank officials:
On the right side of the application form, applicants have to fill in the following details.
Branch name:
Date:
Remitter Details:
Account number:
Name of the applicant:
Remitter address:
Contact number:
E-mail ID:
Beneficiary Details:
Name:
Bank name:
Branch name:
Account number:
Reconfirm account number:
Bank IFSC code:
Mobile number:
Amount (in the figure):
Amount (in words):
Payment details:
Cheque number (if any)
Amount
Authorized signature
Transaction ID
Remitter will get the Customer acknowledgment Slip from the Bank. Usually, the requested amount is credited in real-time in the Beneficiary bank account. In case if the amount is not credited to the Beneficiary bank account. Remitter can contact the Axis bank Branch with the Customer acknowledgment Slip they provided.
Important Requirements for RTGS Transactions:
Details of Amount to be sent
Name of Beneficiary Bank and Branch
Beneficiary Bank Account number
Beneficiary Name, Mobile Number, and Address.
IFSC Code of Beneficiary bank Branch
Remitter Bank Account Number
Benefits of Using the RTGS facility
RTGS is one of the fastest electronic Ways of money transfer across India
The Transactions in RTGS have No Amount upper limit
The amount will be credited to the Beneficiary account in Real-Time
All the Transactions in RTGS service have Legal assistance
There is No Need of using Demand Draft or Cheque
The RTGS service is available on all working days from 7 am to 6 PM except on second and fourth Saturdays and Sundays.
Axis bank RTGS Timings: Reserve Bank of India (RBI) has extended the Real Time Gross Settlement (RTGS) timings by one and a half hours from 4:30 pm to 6:00 pm. The new RTGS facility window for customer dealings will be accessible to banks from 8 am to 6 pm on a working day. But final cut-off for inter-bank trade transactions will be available at 7:45 pm. However, the RTGS facility is primarily meant for large amounts of transactions. Therefore the minimum amount to be sent through RTGS is Rs. 2 lakh and there is no upper or maximum ceiling.
Axis bank RTGS Charges: The RTGS service processing charges are decided by the Reserve Bank of India. Then the individual Bank may choose to Charge their customers a lower rate. But the amount of the charges cannot exceed the rates approved by RBI. However, axis bank charges the customer as shown below.
For the transaction of 2 Lakh up to 5 Lakh, the account holders have to pay ₹ 24.50/-;( exclusive of GST, if any)
For transactions Above 5 Lakh, the account holders have to pay Fees of ₹ 49.50/-(Exclusive of GST, if any).
However, the information in this article Axis Bank RTGS Application Form is useful for customers who want to use this service for the first time. Therefore applicants can download the RTGS application form directly from the given link without visiting the bank branch.
