Axis Bank RTGS Form PDF 2021

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Article  Axis Bank RTGS Form PDF
Pages 2
Size 0.98 MB
Language English
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Axis Bank RTGS Form 2021

RTGS (Real Time Gross Settlement) is a digital money transfer system. This is an apt mode of high-value money transfer. Axis Bank account holders can visit the bank branch or the bank website to make payment by filing the Axis Bank RTGS form. The bank permits RTGS for a minimum amount of Rs. 2 lakhs. The transaction takes place on a round-the-clock basis. RTGS transaction takes place in the RBI record books. For this reason, the amount is not reversible.

Axis Bank RTGS Form Details

Some basic information which the payer needs to provide on the Axis Bank RTGS form is:

  • Payment details – Cheque/debited bank account number, amount to be debited.
  • Remitter Details – Name, address, contact number and email id of the remitter.
  • Beneficiary details – Name, bank name, bank account number, IFSC code and amount to be paid in the beneficiary account.

Terms and Conditions Related to Axis Bank RTGS Form

All the terms and conditions for this payment mode are mentioned in the Axis Bank RTGS form. People should keep these points in mind before making the payment. These terms and conditions are:

  • The payment is made at the beneficiary bank account number mentioned in the form.
  • RTGS transaction will be strictly carried out according to the guidelines provided by the Reserve Bank of India.
  • Along with the payment amount, additional charges and applicable taxes will be deducted from the payer bank account.
  • If the beneficiary bank account number, IFSC code or details mentioned on the RTGS form Axis Bank are incorrect, the bank is not liable for any consequences which arise due to the erroneous information.

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Alternate Links for Axis Bank RTGS/NEFT Form PDF 2021

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