Bank of Baroda RTGS Form 2024
Bank of Baroda RTGS Form facility can be used by account holders who want to transfer money from one bank account to another in an easy and hassle-free manner. It is used to initiate electronic funds transfers between different banks in India.
BOB RTGS Form – Highlights
Type of Form | RTGS/NEFT Form |
Name of Bank | Bank of Baroda Bank |
Official Website | https://www.bankofbaroda.in |
Language | English |
Uses of Form | Online Transfer of Funds |
Minimum Limit | No limit |
Maximum Limit | No limit |
Beneficiary | Bank Customers |
Details to be Mentioned in BOB RTGS Form
- Sender Details: This section requires you to fill in your personal details such as your name, address, contact number, and account number from which the funds will be debited.
- Recipient Details: Here, you’ll provide details about the recipient, including their name, address, contact number, and account number to which the funds will be credited. You’ll also need to provide the IFSC (Indian Financial System Code) of the recipient’s bank branch.
- Amount to be Transferred: Specify the amount you wish to transfer in figures and words.
- Purpose of Remittance: You might be asked to mention the reason for the transfer, such as payment for goods/services, loan repayment, etc.
- Date of Transfer: You’ll indicate the date on which you want the transfer to take place. For RTGS transactions, funds are transferred in real-time, so the date specified is usually the current date.
- Charges: RTGS transactions typically involve charges, which could be borne either by the sender, the recipient, or shared. This section clarifies who will bear the charges.
- Authorization: Signatures of the sender are usually required to authorize the transaction.
- Declaration: You may need to declare that the information provided is accurate and that you understand the terms and conditions of the RTGS transaction.
Documents Required for Bank of Baroda RTGS Form
- RTGS/NEFT Application Form
- Cheque Leaf
- And any other documents