Karur Vysya Bank RTGS Form

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Karur Vysya Bank provides many electronic payment options for Indian Customers.

Mainly there are 3 ways in which you can make electronic payments with Karur Vysya 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.5,00,000	NIL
Minimum Transfer Value	NIL	No Limit	Rs. 2,00,000
Charges	Rs. 2.25 (Up to 10,000) Rs. 4.75 (10,000-1,00,000) Rs. 14.75 (1,00,000-2,00,000) Rs. 24.75 (2,00,000-10,00,000)	NIL ( Up to Rs.1,000) Rs.5 (Above Rs.1,000)	Rs. 24.50 (2,00,000-5,00,000) Rs. 49.50 (Above 5,00,000)
Timing	24x7, 365 Days	24x7, 365 Days	24x7, 365 Days

RTGS/NEFT/IMPS Transfer with Bharat Bank:

There are two ways to initiate an RTGS / NEFT/ IMPS transfer with Karur Vysya 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?

• Write the branch name, IFSC code, and today’s date.
• Proceeding, enter your name, account type, account number, customer ID, mobile number, amount to be transferred, bank charges, total amount, PAN number, and your signature.
• Now, on the right box, write the beneficiary name, city, branch name and address, IFSC code, account number, type, customer ID, mobile number.
• Now, skip the next boxes to the Acknowledgement, where you need to write your name, amount, account number, beneficiary name, bank, branch, city, IFSC code, beneficiary account number, date and time.
• Remember to recheck and also read the terms and conditions before.

Step 2: Submit the Form at Your Branch

• Visit your nearest Karur Vysya 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 (Karur Vysya Bank Mobile App)

• Open and log on to the KVB-D Lite banking application.
• On the home screen, click on the transfer funds option, other bank accounts, and add a new payee.
• Enter the beneficiary details and register the payee successfully.
• Now, go back to the transfer funds page, and select the newly registered payee. enter the amount, payment type(IMPS/NEFT/RTGS) and click on transfer.
• Recheck and confirm using MPIN to complete the transaction.

Conclusion - When to use what?

• For urgent, high-value transfers: Use RTGS if speed is critical and the amount is substantial. Be aware of minimum transfer limits and potential fees.
• For routine transfers and bill payments: NEFT is a convenient and cost-effective option for transfers within India, although it's not real-time.
• For small, urgent transfers: IMPS is ideal for immediate transfers of smaller amounts, even on holidays. Be mindful of potential maximum limits and fees.