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Download Kotak Bank RTGS Form PDF Online – 2024

Headquartered in Mumbai, Kotak Bank provides various banking products to customers for conducting banking transactions in a convenient and hassle-free manner. It issues Kotak Bank RTGS or NEFT Form to ensure smooth and easy transfer of funds from one bank account to another. 

Go through the following table to get a brief overview of Kotak Bank RTGS form

Type of FormKotak Bank RTGS/NEFT Application Form
Name of Bank Kotak Bank 
Official Website https://www.kotak.com/en/home.html
Uses of Form Online Transfer of Funds 
Minimum Limit For RTGS: ₹2 lakhs 
For NEFT: No minimum limit
Maximum Limit₹10 lakhs
Beneficiary Bank customers 
Form Language English, Hindi 
Kotak Bank RTGS Form PDF Download

What Is Kotak Bank RTGS?

The RTGS (Real Time Gross Settlement) of Kotak Bank is a payment system provided by the Reserve Bank of India through which you conduct a high volume of transactions. You can avail of this electronic payment system from Kotak Bank only if your transaction amount is more than ₹2 lakhs. 

What Is Kotak Bank NEFT?

It is an electronic payment system availed by the customer to transfer money to other branches of Kotak Bank. These payments are issued and processed at fixed times during the day on the basis of deferred net settlement. 

How to Download Kotak Bank RTGS Form?

Here are the steps you need to follow to download the Kotak Mahindra Bank RTGS form:

  • Step 1: Go to the official website of Kotak Bank. 
  • Step 2: Log in to your account with your credentials. 
  • Step 3: After logging in, find out the option to download a Kotak Bank RTGS form

You will be able to download the Kotak RTGS form in PDF format.

How to Download Kotak Bank NEFT Form in PDF Format?

You can download the Kotak Bank NEFT form in PDF format by following the steps mentioned below:

  • Step 1: Go to the official website of Kotak Bank. 
  • Step 2: Log in to your account by providing your username and password. 
  • Step 3: Search for the Kotak Bank NEFT form and download it.

After downloading this form in PDF format, take a printout of it and fill out the form.

How to Fill Kotak Bank RTGS Form?

Here are the steps you need to follow to fill out the Kotak Bank RTGS form:

  • Step 1: Visit the official website of Kotak Bank and log in to your account. 
  • Step 2: Download the RTGS form from their website. 
  • Step 3: Fill out the application form by correctly providing the details including the beneficiary’s name, account number, amount to be transferred, etc.
  • Step 4: Double-check all the information and sign the form.
  • Step 5: Upload this signed form online or submit it to your nearest bank branch.

How to Fill Kotak Bank NEFT Form?

Here is a step-by-step procedure for filling out the Kotak Bank NEFT form:

  • Step 1: Write down the exact amount to be remitted from your account.
  • Step 2: Provide your Kotak Bank account number from which the transaction amount will be debited.
  • Step 3: Mention the name of the beneficiary bank and its branch, along with their branch code.
  • Step 4: Specify the IFSC number of the receiving branch.
  • Step 5: Write the name of the beneficiary customer without any errors.
  • Step 6: Enter the account number of the beneficiary customer accurately.
  • Step 7: If any additional information is required, such as for tax purposes, you can provide it in the sender-to-receiver information section.

Documents Required Along with Kotak Bank RTGS Form

The following are some documents you need to submit along with the Kotak Bank RTGS form:

  • Cheque leaf of the remitter’s bank account
  • Form including remitter and beneficiary details
  • Any other additional document as per Kotak Bank’s requirements

Kotak Bank RTGS/NEFT Timings

The following table showcases the Kotak Bank RTGS timings:

12:30 AM to 11:30 PMTransactions are allowed
11.30 PM to 12:30 AMNo transactions are allowed
During Sundays and public holidaysNo transactions are allowed

Here is a table that showcases the NEFT timings of Kotak Bank:

12:30 AM to 9:30 PMUnlimited transactions are allowed
9:30 PM to 11:30 PMCan transfer up to ₹10 lakhs
11:30 PM  to 12:30 AMNo transactions are allowed

Kotak Bank RTGS and NEFT Charges

Here is a table that highlights the RTGS and NEFT charges of Kotak Bank:

Amount of RTGSTransaction Service Charges (Exclusive of GST)
From ₹2,00,001 to ₹5,00,000₹20
Above ₹5,00,000₹40
Amount of NEFTTransaction Service Charges (Exclusive of GST)
Till ₹10,000₹2
From ₹10,001 to ₹1,00,000₹4
From ₹1,00,001 to ₹2,00,000₹14
Above ₹2,00,000₹24

What Happens if Kotak Bank RTGS Transaction is Not Processed on Time?

If your RTGS transactions are not processed on time, they will be processed on the next RTGS business day. However, it will happen only when the request is processed depending on the availability of funds. 

Final Word

Filling out the Kotak Bank RTGS form and NEFT form is a very easy and simple procedure. However, remember to provide the correct details while filling out this form to ensure a smooth and successful fund transfer. 

FAQs

What are the different mediums through which I can transfer my money using Kotak RTGS?

You can transfer your money using Kotak RTGS through the following mediums:
Kotak Bank branch
Net banking
Mobile banking

What are the beneficiary details I need to provide while filling out the Kotak RTGS form?

You need to provide the following beneficiary details while filling out the Kotak Mahindra RTGS form:
Name of your beneficiary 
Bank name and branch
Beneficiary’s account number
IFSC Code of your beneficiary’s bank
Type of transaction

How much time does it take to transfer funds via Kotak RTGS?

It usually takes a few seconds to transfer funds via Kotak RTGS.

Disclaimer

This article is solely for educational purposes. Stable Money doesn't take any responsibility for the information or claims made in the blog.

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