How to fill RTGS/NEFT form of Oriental Bank of Commerce

Oriental Bank of Commerce is one of the nationalised Bank of India owned by the Government of India.  The bank headquarte is situated in Gurgaon, Haryana. Presently, the bank has 2390 branches in all India and 2625 ATMs. In this article we will know about a common service provided by Oriental Bank of Commerce and that is Funds transfer under NEFT and RTGS. Lets study these two terms in deep.

NEFT ( National Electronic funds Transfer) is a online transfer system in which funds are transferred form one bank account to another. In NEFT the funds are transferred in batches quated in equal hours Of Reserve bank of India. The Bank charges nominal commission for this service as charge. Under NEFT one can transfer a sum form Rs 1 to below Rs 2 Lakh. NEFT service works on all days except bank holidays, sundays and any other gazetted holiday declared by state or central.

RTGS ( Real time Gross Settlement) is another online system of funds transfer from one bank account to another. In RTGS the funds are transferred on Gross basis or immediately it is transferred. Under RTGS one can transfer a sum starting from 2 Lakh to an unlimited extent. Bank charges a nominal charge in RTGS as service charge. 

Lets learn how to fill the entries of the RTGS/NEFT form of Oriental Bank of Commerce

Video Tutorial in Hindi

Banking Finance

This website is all about tech and banking tutorials in simple languages so that one can easily get their doubt solved easily

3 thoughts on “How to fill RTGS/NEFT form of Oriental Bank of Commerce

  • August 10, 2020 at 11:04 am

    Excellent pieces. Keep posting such kind of info on your site.
    Im really impressed by your site.
    Hey there, You’ve performed an incredible job.
    I will definitely digg it and in my opinion suggest to my friends.

    I’m confident they will be benefited from this web site.
    adreamoftrains website hosting services

  • August 11, 2020 at 6:54 am

    I blog often and I really appreciate your content.
    This article has really peaked my interest. I am going to
    take a note of your blog and keep checking for new information about once per week.
    I opted in for your Feed too.


Leave a Reply

Your email address will not be published. Required fields are marked *