Bank Of Maharashtra RTGS Form

[nikhilchauhan]

Bank Of Maharashtra provides electronic payment options for the Indian market.

Mainly there are 3 ways in which you can make electronic payments with Bank Of Maharashtra - RTGS, NEFT, and IMPS. Before moving forward, it's important to understand the differences between the 3 modes;

Type of Transfer	NEFT	IMPS	RTGS
Speed of settlement	Real-Time	Real-Time	Real-Time
Maximum Transfer Value	NIL	Rs.2,00,000	NIL
Minimum Transfer Value	NIL	No Limit	Rs. 2,00,000
Charges	Rs.2.5 (Offline) NIL(Online) (Up to 10,000) Rs. 5(Offline) Rs.2 (Online) (10,000-1,00,000) Rs.15(Offline) Rs.3(Online) (1,00,000-2,00,000) Rs. 25 (Offline) Rs.5(Online) (Above 2,00,000)	Rs. 5 (Up to 1,00,000) Rs. 15 (1,00,000-2,00,000)	Rs. 25-30 (Offline) Rs.5 (Online) (2,00,000-5,00,000) Rs. 50-55 (Offline) Rs.10 (Online) (Above 5,00,000)
Timing	24x7, 365 Days	24x7, 365 Days	24x7, 365 Days

RTGS/NEFT/IMPS Transfer with Bank of Maharashtra:

There are two ways to initiate an RTGS / NEFT/ IMPS transfer with Bank of Maharashtra:

1. Offline submission /In Branch Request (FOR RTGS/NEFT)
2. Mobile Banking (FOR RTGS /NEFT /IMPS).

OFFLINE SUBMISSION /IN-BRANCH REQUEST

Step 1: Download and Complete the Form

• Download the attached NEFT/RTGS form (in PDF format). This same form will be provided to you if you choose to initiate the transfer through an in-branch request. We have attached a copy of the same form in this post for your ease.
• Print a clear copy of the downloaded form.
• Fill out the form completely and accurately. How to fill up the form is mentioned below

How to Fill up the Form?

• Start by writing the date on both sides of the RTGS form.
• On the left side, write your name, account number, type and the amount to be transferred in figures, charges, and total amount.
• Now, on the right side, write your branch name and amount to be transferred in both figures and words.
• Next, on both sides, write the beneficiary name, bank name, branch, account number, type, IFSC code, and city.
• Now, recheck all the details and sign the form.

Step 2: Submit the Form at Your Branch

• Visit your nearest Bank Of Maharashtra branch.
• Submit the completed NEFT/RTGS form along with any required identification documents to a bank teller or customer service representative.
• Once your request is processed, the funds will be transferred to the beneficiary's account.

Mobile Banking (Bank Of Maharashtra Mobile App)

• Log on to your Maha App using your MPIN.
• Now, on the home screen, you will see a swipe to send money option. Swipe that interactive window and you will land on the fund transfer page.
• Now, select if you want to have a self-transfer, within the bank, another bank, or an MMID transfer.
• Now, if you want to transfer to another beneficiary, click on manage beneficiary and then add a new beneficiary option.
• Add the beneficiary account number, bank, name, mobile number, IFSC code, and other details click on add beneficiary, and confirm using MPIN/OTP.
• Now, on the fund transfer window, select the beneficiary you want to transfer funds to.
• Enter the amount you want to transfer, select the fund transfer option(IMPS/NEFT) and click on submit.
• Enter your transaction PIN and confirm to complete your transaction.