Indian Overseas Bank (IOB) provides its customers the facility of NEFT.Customers can avail this service either online or offline by filling the IOB NEFT Form.
How to fill IOB NEFT Form?
1. Offline
Customers can fill the IOB NEFT form offline by providing the following details
- Name, account number, IFSC code of the beneficiary
- Account type of the beneficiary
- Name, account number and IFSC code of the remitter
- Amount to be remitted
- Type of account of both beneficiary and remitter
2. Online
Customers can fill the IOB NEFT form online by providing the following details
- Name, account number, IFSC code of the beneficiary
- Account type of the beneficiary
- Name, account number and IFSC code of the remitter
- Amount to be remitted
- Select NEFT as transfer type mode
Get Free Credit Report with monthly updates. Check Now
IOB NEFT Limit
Cash Remittance permissible upto Rs.50,000/- only during offline transaction.
How to download IOB NEFT form?
Customers can download the IOB NEFT form online. This can help account holders to avail IOB NEFT service by visiting the bank branch.
Get Free Credit Report with Complete Analysis of Credit Score
Check Now
Benefits of IOB NEFT service
- Low-cost fund transfer system
- The fund transfer takes place in batches
- Highly reliable
IOB NEFT Timings
Indian Overseas Bank NEFT transactions take place in 48 half-hourly batches. The service is available 24×7 for 365 days, including holidays. The settlement of first batch will commence after 00:30 hours and the last batch will end at 00:00 hours.
To know more about the IOB NEFT timings click here