CORPORATION BANK NEFT RTGS FORM

CORPORATION BANK NEFT RTGS FORM

Corporation Bank Bank RTGS / NEFT / Payinslip / DD / Credit Card Bill Payment / IMPS / Fund Transfer to account same Branch / Credit to account Other branch under ABB Form in Fillable / Filling / Fill up with Auto Cash Details, Total and other auto filling features

CORPORATION BANK NEFT RTGS FORM

Service Charges to be levied on all NEFT transactions done through all channels. With effective from 09/06/2014

Inward NEFT  : NIL

Outward NEFTValue BandCharges (exclusive of service tax)Amounts up to Rs.10,000/-Rs.2.50Amounts from Rs.10,001 to Rs.1 LakhRs.5.00Amounts above Rs. 2 LakhRs.25.00

Every month 2nd and 4th Saturdays Bank Holiday wef 01.09.2015 in terms  RBI Notification - RBI/2015-16/168/ DPSS (CO) RTGS No. 492 / 04.04.002/2015-16 dated 01.09.2015

RBI has directed the Banks to process the inward NEFT/RTGS payments solely based on account number furnsihed by the remitter Bank.

Format for specifying 15 digit account number: We are glad to inform that the 15 digit account number mechanism for NEFT and RTGS has been implemented in our Bank.The customers can now mention their existing account number in ECS format for NEFT and RTGS inward remittances. The format for specifying 15 digit account number is as follows:

Example: For account SB02000101 at New Delhi - Greater Kailash Branch (0286), the 15 digit numeric account number is 028600102000101. Here 001 after branch code is account type mapping code.

Alpha numeric and new 15 digit account number (numeric) shall co-exist. That means the customers can either mention their account number as SB02000101 or as 028600102000101 for the above account. It is our endeavor to make the customers use only 15 digit account number in future.