What is NEFT and how does Indian Overseas Bank (IOB) NEFT transfer work?

NEFT (National Electronic Funds Transfer) at Indian Overseas Bank (IOB) is RBI's nationwide payment system for transferring funds between bank accounts. NEFT operates 24x7, 365 days a year including holidays. Transactions are settled in half-hourly batches. There is no minimum transfer amount for NEFT. With AutoAOF, you can fill your IOB NEFT form online and download a print-ready PDF in under 2 minutes.

What are Indian Overseas Bank (IOB) NEFT limits, charges, and timings?

Indian Overseas Bank (IOB) NEFT has no minimum transfer limit. NEFT is free when done via online or mobile banking. Branch NEFT charges vary by amount slab. Transactions are processed in 30-minute batches round the clock. Most transfers complete within 30–60 minutes of submission at any IOB branch.

What details are required to fill the Indian Overseas Bank (IOB) NEFT form?

To fill the Indian Overseas Bank (IOB) NEFT form, you need: (1) Your full name and account number (Remitter), (2) Your registered mobile number, (3) Beneficiary's full name, (4) Beneficiary's account number, (5) Beneficiary bank's 11-character IFSC code, (6) Transfer amount, and (7) Branch name. AutoAOF auto-validates the IFSC and fills the Beneficiary Bank and Branch Name automatically.

What happens if an NEFT transaction fails? Is it safe?

If an NEFT transaction fails, the amount is automatically reversed and credited back to your account within 24–48 hours. NEFT is one of the safest payment methods in India, regulated directly by the Reserve Bank of India. All NEFT transfers are traceable with a unique UTR (Unique Transaction Reference) number. AutoAOF ensures all required fields are filled correctly to avoid rejections.

Can Indian Overseas Bank (IOB) NEFT be used for high-value or international transfers?

NEFT is only for domestic transfers within India between Indian bank accounts. There is no upper limit for NEFT transfers, but your account's per-day limit may apply. For high-value transfers above ₹2 lakh, RTGS is typically faster as it settles in real-time. For international transfers, you need SWIFT or wire transfers, which are separate from NEFT.

What are Indian Overseas Bank (IOB) NEFT charges at the branch?

Indian Overseas Bank (IOB) NEFT branch charges: Up to ₹10,000 — ₹2.25 + GST. ₹10,001 to ₹1 lakh — ₹4.75 + GST. ₹1 lakh to ₹2 lakh — ₹14.75 + GST. Above ₹2 lakh — ₹24.75 + GST. All charges are subject to 18% GST. RTGS & NEFT are FREE via online/mobile banking Verify the latest rates at your IOB branch.

Indian Overseas Bank (IOB) NEFT Form Online – Fill & Download PDF

Indian Overseas Bank (IOB) is a public sector bank headquartered in Chennai, Tamil Nadu, established in 1937. IOB was founded with the specific goal of encouraging overseas banking and foreign exchange operations, and today operates 3,400+ branches across India. IOB has a strong presence in Tamil Nadu and South India, and provides RTGS, NEFT, and IMPS fund transfer services at all its CBS-enabled branches.

Bank Name*

Form Type*

Date*

Branch Name*

Use Saved Accounts Pro Feature

Select your saved accounts and auto-fill the form in one click

Saved Remitter Account

Saved Beneficiary Account

New here? Login or create an account to save your accounts and save time.

Work 10x Faster with Pro

Save unlimited remitter accounts
Save unlimited beneficiary accounts
One-click form filling
Generate in under 10 seconds

Remitter Details

Remitter Name*

Remitter Account Number*

Remitter Mobile Number*

Cheque Number

Cheque Date

Amount*

Beneficiary Details

Beneficiary Name*

Beneficiary Account Number*

IFSC Code*

IFSC found!Save this beneficiary to your free Address Book — skip this lookup forever.

Save account

Form downloaded! ✓

Next time, fill this in 5 seconds — save your remitter & beneficiary accounts once, reuse them forever. Free to start.

Get started — free

Important Guidelines

I/We agree and abide by the Rules, that under normal circumstances, the Beneficiary account would be credited by the Destination Bank/Branch on the same day at the Destination Centre, subject to the Terms & Conditions mentioned below and RTGS Rules/Regulations enumerated.
Funds Transfer shall be effected only when the Destination Bank/Branch is participating in RTGS.
Sufficient clear funds in the remitter's account must be available.
The RTGS Customer/Applicant should verify the statement of account and confirm the correctness of remittance made. In case of any discrepancy, the customer/Applicant should intimate the bank immediately.
In case of holidays at the destination branch, the credit will be afforded on the next working day.
Once the account is debited and funds are remitted/RTGS transfer effected, the remitter cannot revoke the given mandate.
The Remitting Branch/Bank shall not be liable for delay/non-payments to the beneficiary if incorrect and insufficient details of the beneficiary are provided by the Applicant/Remitter.
Dislocation of work due to circumstances beyond the control of Remitting/Destination Banks like non-functioning of computer systems, disruption of work due to natural calamities, strikes, riots, declared/undeclared holidays, etc., or internal problems or other causes beyond the control of the Branch/Bank resulting in disruption of communication.
All payment instructions should be checked carefully by the remitter. The Bank shall not be liable for crediting the remittance amount to the wrong beneficiary on account of incorrect information furnished by the customer in the application form.

Disclaimer : AutoAOF is not official website of Indian Overseas Bank (IOB). It is an independent platform created to help users easily fill and generate NEFT forms online. The official website of bank is https://www.iob.in/. All logos, forms, and trademarks are property of Indian Overseas Bank (IOB).

Indian Overseas Bank (IOB) NEFT— Branch Charges & Limits

Branch Service Charges

Up to ₹10,000	₹2.25 + GST
₹10,001 – ₹1 Lakh	₹4.75 + GST
₹1 Lakh – ₹2 Lakh	₹14.75 + GST
Above ₹2 Lakh	₹24.75 + GST

Transfer Details

Min AmountNo minimum

SettlementWithin 30 minutes

Availability24x7 (online & mobile banking)

Branch NoteBranch: subject to standard working hours

✓ RTGS & NEFT are FREE via online/mobile banking

ⓘ All charges + 18% GST. Verify latest rates at your bank branch.

How to Fill Indian Overseas Bank (IOB) NEFT Form Online

Select Bank & Date: From the Bank Name dropdown, choose Indian Overseas Bank (IOB). Verify the Form Type is set to NEFT. Enter today's date and the Branch Name where you will submit the form.
Fill Remitter Details: Enter your full name as it appears on your bank account, your Account Number, and your registered Mobile Number. Optionally enter the Cheque Number and Cheque Date if paying by cheque.
Enter Transfer Amount: Type the amount you wish to transfer. NEFT has no minimum transfer limit and works for any amount. NEFT settles in batches every 30 minutes, 24x7.
Fill Beneficiary Account & IFSC: Enter the beneficiary's full name, their Account Number, and their bank's 11-character IFSC Code. AutoAOF will automatically validate the IFSC and fill in the Beneficiary Bank and Branch Name.
Download & Submit at Branch: Click the Download button to get a print-ready PDF. Print the form, sign it, and submit it at your nearest Indian Overseas Bank (IOB) branch. NEFT transactions are settled in the next available batch after submission.

Frequently Asked Questions (FAQs)

What is NEFT and how does Indian Overseas Bank (IOB) NEFT transfer work?: NEFT (National Electronic Funds Transfer) at Indian Overseas Bank (IOB) is RBI's nationwide payment system for transferring funds between bank accounts. NEFT operates 24x7, 365 days a year including holidays. Transactions are settled in half-hourly batches. There is no minimum transfer amount for NEFT. With AutoAOF, you can fill your IOB NEFT form online and download a print-ready PDF in under 2 minutes.
What are Indian Overseas Bank (IOB) NEFT limits, charges, and timings?: Indian Overseas Bank (IOB) NEFT has no minimum transfer limit. NEFT is free when done via online or mobile banking. Branch NEFT charges vary by amount slab. Transactions are processed in 30-minute batches round the clock. Most transfers complete within 30–60 minutes of submission at any IOB branch.
What details are required to fill the Indian Overseas Bank (IOB) NEFT form?: To fill the Indian Overseas Bank (IOB) NEFT form, you need: (1) Your full name and account number (Remitter), (2) Your registered mobile number, (3) Beneficiary's full name, (4) Beneficiary's account number, (5) Beneficiary bank's 11-character IFSC code, (6) Transfer amount, and (7) Branch name. AutoAOF auto-validates the IFSC and fills the Beneficiary Bank and Branch Name automatically.
What happens if an NEFT transaction fails? Is it safe?: If an NEFT transaction fails, the amount is automatically reversed and credited back to your account within 24–48 hours. NEFT is one of the safest payment methods in India, regulated directly by the Reserve Bank of India. All NEFT transfers are traceable with a unique UTR (Unique Transaction Reference) number. AutoAOF ensures all required fields are filled correctly to avoid rejections.
Can Indian Overseas Bank (IOB) NEFT be used for high-value or international transfers?: NEFT is only for domestic transfers within India between Indian bank accounts. There is no upper limit for NEFT transfers, but your account's per-day limit may apply. For high-value transfers above ₹2 lakh, RTGS is typically faster as it settles in real-time. For international transfers, you need SWIFT or wire transfers, which are separate from NEFT.
What are Indian Overseas Bank (IOB) NEFT charges at the branch?: Indian Overseas Bank (IOB) NEFT branch charges: Up to ₹10,000 — ₹2.25 + GST. ₹10,001 to ₹1 lakh — ₹4.75 + GST. ₹1 lakh to ₹2 lakh — ₹14.75 + GST. Above ₹2 lakh — ₹24.75 + GST. All charges are subject to 18% GST. RTGS & NEFT are FREE via online/mobile banking Verify the latest rates at your IOB branch.