Cosmos Bank RTGS Form

[arjungoyal12]

Cosmos Bank provides electronic payment options for the Indian market.

Mainly there are 3 ways in which you can make electronic payments with Cosmos Bank - 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. 2.50 (Up to 10,000) Rs. 5 (10,000-1,00,000) Rs. 15 (1,00,000-2,00,000) Rs. 25 (Above 2,00,000)	Rs. 5 (Up to 1,00,000) Rs. 15 (1,00,000-2,00,000)	Rs. 25 (2,00,000-5,00,000) Rs. 50 ( Above 5,00,000)
Timing	24x7x365	24x7, 365 Days	24x7

RTGS/NEFT/IMPS Transfer with IDBI Bank:

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

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 to 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 branch name and today’s date.
• Fill in the amount you want to transfer.
• Enter your mobile number, account type, account number and your name.
• Now, enter the beneficiary name, account type, number, bank name, branch, IFSC code, city, MICR code and rewrite the account number.
• Recheck everything and once you are satisfied, sign the form.

Step 2: Submit the Form at Your Branch

• Visit your nearest Cosmos Bank 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 (Cosmos Bank Mobile App)

• Log on to your Cosmos Bank net banking account and click on the fund transfer option.
• Firstly, add the beneficiary to your account by clicking on the ‘Add New Beneficiary’ section and writing the beneficiary account number, name, IFSC code, and Account type.
• When the payee is added, choose the fund transfer option and select the account you want to transfer funds from, select the beneficiary, enter the amount, and add remarks.
• Click on submit and verify to complete the transaction.