2023 2024 EduVark > Education Discussion > General Discussion


  #2  
December 21st, 2019, 05:20 PM
Unregistered
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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?
  #3  
December 21st, 2019, 05:22 PM
Super Moderator
 
Join Date: Mar 2012
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, ā€œGā€ Block, Bandra-Kurla Complex
Bandra (East), Mumbai-400051, Maharashtra, India

Phone Number: 022-66684444


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