Every Remitter will use RTGS form to Transfer the amount above 2 lakhs. RTGS and NEFT systems are maintained by the Reserve Bank of India. AXIS Inter-Bank Transfers can be done in two ways there are RTGS and NEFT. RTGS means Real Time Gross Settlement and NEFT means National Electronic Fund Transfer. Here you can find AXIS RTGS / NEFT form in new format PDF.
We need to fill the following details on the New RTGS / NEFT form of Axis bank:
| Remitted Details | Beneficiary Details |
| Remitter Name | Name of the beneficiary account holder |
| Bank Account Number | Bank account number |
| Cheque Number | Bank name |
| Branch Name | Bank branch |
| Branch Code | IFSC code |
| Remitted Address |
↓ Download here Axis bank RTGS / NEFT Application New format pdf
what is RTGS in axis bank :
Real-time gross settlement systems (RTGS) is an electronic payment system in which payment instructions between banks are processed and settled individually and continuously on a “real-time” and “gross settlement” basis. ‘Gross Settlement’ means the settlement of funds transfer instructions occurs individually
Axis RTGS limit :
The RTGS system is primarily meant for large value transactions. The minimum amount to be remitted through RTGS is 2 lakh. There are no charges for RTGS.
Axis Bank RTGS Timings :
The RTGS service window for transactions is available to banks from 7:00 AM to 6:00 PM on weekdays and working Saturdays
what is NEFT in Axis bank :
National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Under this Scheme, customers can transfer funds from their bank to any individual having an account with any other bank in the country participating in the Scheme. Your banks need to be a part of the NEFT funds transfer network and the system must be NEFT enabled for the designated bank branch.
Axis Bank NEFT Timings :
NEFT transactions will be available 24×7 on the Internet (Corporate & Retail) and Mobile Banking Channels w.e.f. 16th December 2019 as per details given below:
• From 8.00 AM to 6.30 PM – As per customer approval limit
• From 6.30 PM to 8.00 AM (including 2nd & 4th Saturday, Sunday & RTGS Holidays) – Less than INR 1 Crore (Transaction which is INR 1 Crore or above will be processed on the next RTGS day)
Axis NEFT limit :
Although there is no minimum or maximum limit on the amount of funds that could be transferred using NEFT, there is a limit of Rs 50,000/- per transaction for cash-based remittances within India and for remittances to Nepal under the Indo-Nepal Remittance Facility Scheme.
There are no charges for NEFT Transactions
Your have to rishav to fund in ind bank so plze request so dear mem
Akncha rathore
Rahul rathore