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How to Fill Out a NEFT/RTGS Form: A Step-by-Step Guide

How to Fill Out a NEFT/RTGS Form: A Step-by-Step Guide


Sending money electronically has become an essential part of our lives. National Electronic Funds Transfer (NEFT) and Real-Time Gross Settlement (RTGS) are two popular methods for transferring money securely and efficiently in India. To initiate these transactions, you’ll need to fill out a NEFT or RTGS form correctly. In this article, we’ll provide you with a step-by-step guide on how to fill out these forms, making the process easy to understand.

Step 1: Obtain the NEFT/RTGS Form

You can get the NEFT/RTGS form from your bank’s branch, or you might be able to download it from the bank’s official website. Ensure that you use the most up-to-date version of the form to avoid any discrepancies.

Step 2: Fill in Your Personal Information

Name: Write your full name as it appears on your bank account. Avoid using abbreviations or nicknames.

Account Number: Accurately enter your bank account number to ensure the money is credited to the correct account.

Account Type: Select the type of account you hold, such as savings or current.

Branch: Mention the branch of your bank where you hold the account.

IFSC Code: Fill in the IFSC (Indian Financial System Code) of your bank branch. This code uniquely identifies your bank and branch.

Mobile Number: Provide a valid mobile number where you can receive transaction-related alerts.

Step 3: Beneficiary Details

If you’re transferring money to another person or entity, you’ll need to provide their details accurately.

Beneficiary Name: Write the recipient’s full name as per their bank account.

Beneficiary Account Number: Enter the recipient’s bank account number.

 Bank Name and Branch: Write the name of the bank where the beneficiary holds the account and the branch’s name.

IFSC Code of Beneficiary Bank: Fill in the IFSC code of the beneficiary’s bank branch.

Transaction Type: Select NEFT or RTGS based on your preference and the amount you want to transfer.

Step 4: Transaction Details

Specify the details of the transaction you wish to initiate.

Amount: Enter the amount you want to transfer in figures as well as words to avoid any confusion.

Mode of Transfer: Indicate whether it’s a one-time transaction or a standing instruction.

Purpose of Remittance: Describe the reason for the transfer, e.g., payment for goods or services, personal loan repayment, etc.

Step 5: Charges

Find out about the applicable charges for NEFT/RTGS transactions at your bank and fill in this section accordingly. Some banks offer free NEFT/RTGS transfers for certain account types or transaction amounts.

Step 6: Declaration

Read the declaration carefully and sign it. By signing, you acknowledge that the information provided is accurate, and you agree to abide by the terms and conditions of the bank.

Step 7: Verification

Review the form to ensure that all the information is correct and legible. Any errors could lead to delays or failed transactions. Double-check the beneficiary’s details, account numbers, and the transaction amount.

Step 8: Submission

Take the filled-out NEFT/RTGS form to your bank’s branch and submit it to the bank official at the counter. Some banks also provide self-service kiosks for form submission.

Step 9: Acknowledgment

Upon successful submission of the form, the bank will provide you with an acknowledgment receipt. Keep this receipt safe as it contains a unique transaction reference number that can be used for tracking the status of your transfer.

Step 10: Monitor the Transaction

After submitting the form, keep an eye on your account for the debit entry and the beneficiary’s account for the credit entry. You can also inquire about the status of your transaction by contacting the bank or checking online using the transaction reference number.


Filling out a NEFT/RTGS form is a straightforward process once you understand the required information and steps involved. Accuracy is key to ensuring a smooth and successful money transfer.

By following this step-by-step guide, you can confidently complete the form and initiate electronic fund transfers with ease. Electronic transactions have made our financial lives more convenient, and knowing how to use them correctly empowers you to manage your finances effectively.


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