Canara bank RTGS form 2024 PDf Format Free Download. NEFT Form of Canara Bank Download 2024. Transaction service charges of rtgs, Neft transfer in Canara Bank.
Canara Bank RTGS Form
Canara bank is and government-own bank which was establish in 1906 by Ammembai Subba Rao. It among the most significant public sector companies in India, offering banking services to millions of customers each day.
The bank has developed a new banking system improving from manual transaction method to digital online systems. Canara bank embraces the RTGS and NEFT services, where they have set registration forms for customers willing to use the online system. It’s an easy, efficient, flexible, and secure way of transacting funds. The RTGS system helps customers move funds from one bank to the other and receive money anytime. The process is easy and fast and doesn’t require you to visit the bank.
How to Fill RTGS / NEFT Form of Canara Bank
the Canara bank requires customers to fill all sections provided on the form; the registration form is then submit to the bank where the customer details are verified, and new RTGS/NEFT service activated.
- The Canara bank RTGS/NEFT form has two sections in the left section, the customer to fill their banking and personal details. The right part is for the bank to fill details.
- Now enter all the required details such as the sender account details, the beneficiary account details, beneficiary bank IFSC code, the amount to transfer, and other banking information. Note the beneficiary details should be correct to avoid illegal transactions.
- After submitting the form at the bank branch near you, the bank official will fill bank details on the right section of the registration form.
- The RTGS system only transacts funds that are higher than Rs. 2 lakhs.
Service Charges for RTGS Transactions
Transaction value from Rs. 2,00,000 and up to Rs. 5,00,000 Lakhs (w.e.f 01.04.2016).
| S.no | Transaction | Time | Charges |
| 1 | From | To | (exclusive of service tax) |
| 2 | 08:00 hours | 11:00 hours | NIL |
| 3 | After 11:00 hours | 13:00 hours | Rs. 27.00/- |
| 4 | After 13:00 hours | 16.30 hours | Rs. 30.00/- |
Transaction value Above Rs. 5,00,000/-
| S.no | Transaction | Time | Charges |
| 1 | From | To | (exclusive of service tax) |
| 2 | 08:00 hours | 11:00 hours | NIL |
| 3 | After 11:00 hours | 13:00 hours | Rs. 52.008- |
| 4 | After 13:00 hours | 16.30 hours | Rs. 55.00/- |
Service Charges for NEFT Transactions?
| S.no | Transaction Amount | Charges in Rupees |
| 1 | Up to Rs. 10,000/- | Rs. 2.50/- |
| 2 | Rs. 10001/- to Rs. 1 lakh | Rs. 5.00/- |
| 3 | Above Rs. 1 lakh & Up to Rs. 2 lakhs | Rs. 15.00/- |
| 4 | Above Rs. 2 lakhs | Rs. 25.00/- |
Source: https://www.canarabank.com/media/2585/canarabank_neft_rtgs_faq-123.pdf
Benefits of Canara RTGS System
- Fast and reliable transfer systems.
- The process is secure, as all details and money transfer are done online.
- The information needed, such as beneficiary are entered during registration. The sender only needs to click and send money.
- It doesn’t take days but a few minutes, and all transactions are done.
Details Required for Transfer of Funds in Canara Bank Net Banking
- The transfer amount.
- Beneficiary account number, bank name, and name.
- The beneficiary bank IFSC code.
- Remitters details such as name, account number, and bank.
After filling the registration form, customers can now enjoy the RTGS/NEFT services at the comfort of their office or home.