Home » Banking » Download SBI RTGS Form PDF Online – 2024

Download SBI RTGS Form PDF Online – 2024

State Bank of India is an Indian multinational banking and financial services company, headquartered in Mumbai. This financial institution carries a heritage of 200 years thus it is said to be the most trusted and reliable bank present in the country.  It serves more than 48 crore customers and has built a network of 22,405 branches till now. 

Form TypeRTGS/NEFT Form
Bank NameState Bank of India
Official WebsiteState Bank of India
LanguageHindi & English
Uses of FormOnline Transfer of Funds
Minimum Limit₹2 Lakhs (Retail & Corporate Internet Banking) 
Maximum Limit₹10 Lakhs (Retail Internet Banking)
Corporate Internet Banking 
Saral:
₹10 lakhs per transaction
Vyapaar: ₹50 lakhs per transaction
Vistaar: ₹2,000 crores per transaction
Corporate Internet Banking
Saral: ₹10 lakhs per day
Vyapaar: NIL
Vistaar: NIL
BeneficiaryBank & Customers
State Bank of India RTGS Form PDFPDF Form

Here, we will be focusing on the SBI RTGS form while discussing all the associated details that you need to know. 

What Is SBI RTGS?

RTGS (Real Time Gross Settlement) is an electronic payment system which one can choose for money transfer. Here, based on real-time, the payment instructions are initiated and settled individually. SBI RTGS is mostly preferred for high-value transactions starting from ₹2 lakhs.

What Is SBI NEFT?

NEFT (National Electronic Fund Transfer) is a payment system which you can choose to carry out a smooth transaction. Here, SBI bank initiates and settles all the transactions at a fixed time in a day. Unlike the RTGS facility, there is no maximum or minimum transaction limit associated with this payment system. 

How to Download a State Bank of India RTGS Form?

You must know that an individual can carry out both services with a single SBI NEFT RTGS form. Follow the below-stated steps, explained on a SBI RTGS form download PDF.

  • Step 1: Go to the official website of the State Bank of India.
  • Step 2: Surf through the home page, and click on the ‘Personal Banking’ option.
  • Step 3: Click on the ‘RTGS NEFT’ option.
  • Step 4: On the redirected page, scroll down and tap on the ‘Download Application Form’ option.
  • Step 5: After you are directed to the PDF, click on the ‘Download’ button followed by clicking on the ‘Save As’ option.

How to Download a SBI Bank NEFT Form in PDF Format?

You must know that an individual can carry out both services with a single SBI NEFT RTGS form. Follow the below-stated steps, explained on a SBI NEFT form download PDF.

  • Step 1: Go to the official website of the State Bank of India.
  • Step 2: Surf through the home page, and click on the ‘Personal Banking’ option.
  • Step 3: Click on the ‘RTGS NEFT’ option.
  • Step 4: On the redirected page, scroll down and tap on the ‘Download Application Form’ option.
  • Step 5: After you are directed to the PDF, click on the ‘Download’ button followed by clicking on the ‘Save As’ option.

How to Fill a State Bank of India RTGS Form?

Refer to the following steps for the SBI RTGS form fill-up process.

  • Step 1: Start by filling up the date.
  • Step 2: Tick on the mode of transaction (NEFT/RTGS).
  • Step 3: Write down the sender’s bank and branch name.
  • Step 4: Provide the name of the payee.
  • Step 5: Mention the sender’s account number.
  • Step 6: Write down the transaction amount and bank’s charges in numeric.
  • Step 7: Mention the total transaction amount in both numeric and words.
  • Step 8: Provide the cheque number carefully.
  • Step 9: Move on to the right section of the form and mention the date and code.
  • Step 10: Provide the beneficiary’s name, bank name, branch name, IFSC code and account number.
  • Step 11: Mention the applicant’s name, address, mobile number and full signature.

How to Fill a State Bank of India NEFT Form?

Refer to the following steps for the SBI NEFT form fill-up process.

  • Step 1: Start by filling up the date.
  • Step 2: Tick on the mode of transaction (NEFT/RTGS).
  • Step 3: Write down the sender’s bank and branch name.
  • Step 4: Provide the name of the payee.
  • Step 5: Mention the sender’s account number.
  • Step 6: Write down the transaction amount and bank’s charges in numeric.
  • Step 7: Mention the total transaction amount in both numeric and words.
  • Step 8: Provide the cheque number carefully.
  • Step 9: Move on to the right section of the form and mention the date and code.
  • Step 10: Provide the beneficiary’s name, bank name, branch name, IFSC code and account number.
  • Step 11: Mention the applicant’s name, address, mobile number and full signature.

Documents Required Along with SBI RTGS Form

Other than the SBI RTGS form, you need to attach the following documents to the bank as identity proof:

  • Photocopy of PAN Card
  • Photocopy of Aadhaar Card

State Bank of India RTGS/NEFT Timings

Go through the below table to explore the RTGS and NEFT transfer time SBI:

Transaction TypeTimingsNumber of Days
RTGS24*7 (except between 11:50 PM to 12:30 AM)365 Days
NEFT24*7365 Days

State Bank of India RTGS and NEFT Charges

In case you are searching for SBI NEFT charges along with RTGS charges, read below.

RTGS AmountTransaction Service Charges (Excluding GST)
₹2 lakhs & up to ₹5 lakhs₹20.00 per transaction
Above ₹5 lakhs₹40.00 per transaction
NEFT AmountTransaction Service Charges (Excluding GST)
Up to ₹10,000₹2.00 per transaction
Above ₹10,000 to ₹1 lakh ₹4.00 per transaction
Above ₹1 lakh To ₹2 lakhs₹12.00 per transaction
Above ₹2 lakhs₹20.00 per transaction

Note: SBI NEFT and RTGS transactions are free if done through any online mode or channels.

What Happens if SBI RTGS Transaction Is Not Processed on Time?

In case the beneficiary’s bank does not credit the transaction amount to the receiver’s bank account, the entire amount will be credited back to the payee’s bank within 1 hour. As soon as the payee’s bank receives the money, they will credit the amount to the sender’s bank account instantly.

Final Word

A remitter can send money through RTGS and NEFT via both offline and online modes at the State Bank of India. For online mode, one needs to keep a few details ready like payee details, beneficiary details, etc. However, keep in mind that the transaction amount is non-refundable and you are not allowed to modify the transaction once the payment has been initiated. Henceforth, be careful and go through all the terms and conditions while filling up a SBI RTGS form.

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FAQs

Am I allowed to initiate a transaction for a future date?

No, SBI RTGS does not allow anyone to make future date transactions.

Can I use SBI RTGS to make transactions with foreign banks?

Unfortunately, you are not allowed to make any international transactions as it can be opted in India only

When does the beneficiary receive the transaction amount via RTGS?

Usually, the amount is credited immediately to the receiver’s account by the remitting bank. It is set that the beneficiary’s bank has to credit the amount within 30 minutes of receiving the money from the sender’s bank

What is the SBI RTGS form, and why do I need it?

The SBI RTGS form is a document required for transferring large sums of money (above ₹2 lakhs) securely using the Real-Time Gross Settlement (RTGS) system. It ensures your transaction details are accurate and processed quickly.

3. How do I fill out the SBI RTGS form correctly?

To fill out the form:
Enter sender and receiver account details (name, account number, and IFSC code).
Specify the transfer amount.
Attach a cheque if required and submit the form at the branch.

7. How long does it take for SBI RTGS transactions to process?

SBI RTGS transactions are processed in real time and usually completed within minutes during business hours.

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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