#1
September 3rd, 2015, 09:01 AM
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Bank of India EFT
I am planning to open account in Bank of India and want to know about the National Electronic Funds Transfer (NEFT) system of this bank. Can you tell me how this system manages in this bank and which department of this bank handles NEFT functioning?
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#2
December 21st, 2019, 05:20 PM
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Re: Bank of India EFT
I recently opened an account in Bank of India searching for NEFT/ RTGS details. Will you provide Bank of India EFT form in PDF also tell what the Bank of India EFT charges?
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#3
December 21st, 2019, 05:22 PM
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Re: Bank of India EFT
Bank of India was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks. NEFT stands for National Electronic Funds Transfer. Funds are transferred to the credit account with the other participating Bank using RBI's NEFT service. RTGS -The acronym "RTGS" stands for Real Time Gross Settlement. The RTGS system facilitates transfer of funds from accounts in one bank to another on a "real time". The RTGS system is the fastest possible interbank money transfer facility available through secure banking channels in India. Bank of India EFT form BOI NEFT charges: Transaction amount Transaction fees Up to Rs. 10000 Rs. 2.50 + GST Above Rs. 10,000 Rs. 5.00 + GST Contact: Bank Of India Corporate Office Star House, C ā 5, āGā Block, Bandra-Kurla Complex Bandra (East), Mumbai-400051, Maharashtra, India Phone Number: 022-66684444 |