How to Transfer Money Through RTGS in Bank Of Maharashtra Offline?: Now-a-days, all the banks are providing net banking facilities for ease of fund transfer through RTGS or NEFT, still some people who can't use net banking facility, can transfer the funds through RTGS or NEFT using offline mode.
There are two types of facilities offered by all the banks to transfer your funds very fast from one account to another account. These facailities are known as Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT).
If the amount to be transferred is having a large value i.e. 2 lakhs and above, preferably RTGS is used, in which the funds are transferred as and when RTGS instruction is received.
In NEFT, there is no minimum or maximum limit on funds that are to be transferred. In NEFT, the funds do not get transferred immediately but takes few hours for the same.
In order to Transfer Money Through RTGS or NEFT Offline from Bank Of Maharashtra, you need to follow below mentioned step by step process to Transfer Funds Through RTGS or NEFT Offline i.e. by visiting the bank branch:
Step 1: Approach your home branch of Bank Of Maharashtra from where you want to transfer the funds
Please visit the Bank Of Maharashtra Home Branch along with necessary documents such as remitter's account details, beneficiary's account details, bank branch & IFSC of the beneficiary, etc.
Step 2: Obtain RTGS/ NEFT Transaction Request Form
Meet Relationship Manager or Bank Executive and obtain RTGS/ NEFT Transaction Request Form for fund transfer.
Step 3: Fill up RTGS/ NEFT Transaction Request Form
Fill up RTGS/ NEFT Transaction Request Form thoroughly. You need to mention following details:
Step 4: Tick the mandatory declaration given in the bottom of the form
You need to tick the mandatory declaration given in the bottom of the RTGS/ NEFT Transaction Request Form.
Step 5: Sign the RTGS/ NEFT Transaction Request Form
You need to sign at the provided space given in the bottom of the RTGS/ NEFT Transaction Request Form. If you are a non individual then you need to put the stamp and sign of the authorised signatories at that space.
Step 6: Submit RTGS/ NEFT Transaction Request Form
Submit the duly filled up RTGS/ NEFT Transaction Request Form to the Bank Executive.
Step 7: Take acknowledgement of your request
Bank Executive will verify your form, signature and other details. If he finds the form complete in all respect, he will give you an acknowledgement of your request.
Step 8: Processing of your request of Transfer Funds Through RTGS or NEFT
After due validation, Bank Of Maharashtra will Transfer the Funds Through RTGS or NEFT from your account to the beneficiary's account.
Step 7: Verification of processing of your request of Transfer Funds Through RTGS or NEFT
You will be sent a notification by Bank Of Maharashtra either through SMS on your new mobile number or email about processing of your request of Transfer Funds Through RTGS or NEFT from your account as soon as the transaction takes place. In case, your do not receive any intimation, you may contact your branch and confirm, if the transaction is processed.