How does Indian Overseas Bank (IOB) RTGS fund transfer work?

RTGS (Real Time Gross Settlement) at Indian Overseas Bank (IOB) is a real-time, gross settlement system for high-value transactions above ₹2 lakh. Each transaction is settled individually and immediately — unlike NEFT which uses batch processing. RTGS operates 24x7, 365 days a year. With AutoAOF, you can fill your IOB RTGS form online and download a print-ready PDF in under 2 minutes.

What is the minimum and maximum RTGS limit at Indian Overseas Bank (IOB)?

The minimum RTGS transfer amount at Indian Overseas Bank (IOB) is ₹2,00,000 (₹2 lakh) as mandated by RBI. There is no maximum limit for RTGS transactions, though your account's per-day limit may apply. Amounts below ₹2 lakh are automatically processed via NEFT. AutoAOF detects this automatically and switches the form type.

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

To fill the Indian Overseas Bank (IOB) RTGS 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 (minimum ₹2 lakh), and (7) Branch name. AutoAOF auto-validates the IFSC and fills the bank and branch name for you.

What is the difference between RTGS, NEFT, and IMPS?

RTGS is for high-value transfers (₹2 lakh and above) with real-time settlement — ideal for large property payments or business transfers. NEFT works for any amount, settles in 30-minute batches, and is free online. IMPS is instant for smaller amounts (up to ₹5 lakh). For large payments at Indian Overseas Bank (IOB), RTGS is the most reliable method as funds reach the beneficiary instantly.

Can I cancel a Indian Overseas Bank (IOB) RTGS transaction after submission?

No — RTGS transactions are irrevocable once processed by Indian Overseas Bank (IOB). Always verify the beneficiary account number, IFSC code, and amount before submitting. If the transaction fails due to an incorrect beneficiary account, the funds are automatically reversed to your account within 2 hours. AutoAOF's IFSC validation helps prevent errors before you print the form.

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

Indian Overseas Bank (IOB) RTGS charges at branch: For ₹2 lakh to ₹5 lakh — ₹25 + GST. For above ₹5 lakh — ₹50 + GST. All charges are subject to 18% GST. RTGS & NEFT are FREE via online/mobile banking Charges are subject to change; verify the latest schedule at your IOB branch.

Indian Overseas Bank (IOB) RTGS 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.

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Remitter Details

Bank Name*

Form Type*

Date*

Branch Name*

Remitter Name*

Remitter Account Number*

Remitter Mobile Number*

Cheque Number

Cheque Date

Amount*

Beneficiary Details

Beneficiary Name*

Beneficiary Account Number*

IFSC Code*

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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 RTGS 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) RTGS— Branch Charges & Limits

Branch Service Charges

₹2L – ₹5 Lakh	₹25 + GST
Above ₹5 Lakh	₹50 + GST

Transfer Details

Min Amount₹2,00,000

SettlementReal-time (instant)

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) RTGS Form Online

Select Bank & Date: From the Bank Name dropdown, choose Indian Overseas Bank (IOB). Verify the Form Type is set to RTGS. 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 (Min ₹2 Lakh): Type the amount you wish to transfer in the Amount field. RTGS requires a minimum of ₹2,00,000. If you enter an amount below ₹2 lakh, the form will automatically switch to NEFT.
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. Ensure all details are correct before submission — RTGS transactions are irrevocable once processed.

Frequently Asked Questions (FAQs)

How does Indian Overseas Bank (IOB) RTGS fund transfer work?: RTGS (Real Time Gross Settlement) at Indian Overseas Bank (IOB) is a real-time, gross settlement system for high-value transactions above ₹2 lakh. Each transaction is settled individually and immediately — unlike NEFT which uses batch processing. RTGS operates 24x7, 365 days a year. With AutoAOF, you can fill your IOB RTGS form online and download a print-ready PDF in under 2 minutes.
What is the minimum and maximum RTGS limit at Indian Overseas Bank (IOB)?: The minimum RTGS transfer amount at Indian Overseas Bank (IOB) is ₹2,00,000 (₹2 lakh) as mandated by RBI. There is no maximum limit for RTGS transactions, though your account's per-day limit may apply. Amounts below ₹2 lakh are automatically processed via NEFT. AutoAOF detects this automatically and switches the form type.
What details are required to fill the Indian Overseas Bank (IOB) RTGS form?: To fill the Indian Overseas Bank (IOB) RTGS 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 (minimum ₹2 lakh), and (7) Branch name. AutoAOF auto-validates the IFSC and fills the bank and branch name for you.
What is the difference between RTGS, NEFT, and IMPS?: RTGS is for high-value transfers (₹2 lakh and above) with real-time settlement — ideal for large property payments or business transfers. NEFT works for any amount, settles in 30-minute batches, and is free online. IMPS is instant for smaller amounts (up to ₹5 lakh). For large payments at Indian Overseas Bank (IOB), RTGS is the most reliable method as funds reach the beneficiary instantly.
Can I cancel a Indian Overseas Bank (IOB) RTGS transaction after submission?: No — RTGS transactions are irrevocable once processed by Indian Overseas Bank (IOB). Always verify the beneficiary account number, IFSC code, and amount before submitting. If the transaction fails due to an incorrect beneficiary account, the funds are automatically reversed to your account within 2 hours. AutoAOF's IFSC validation helps prevent errors before you print the form.
What are Indian Overseas Bank (IOB) RTGS charges at the branch?: Indian Overseas Bank (IOB) RTGS charges at branch: For ₹2 lakh to ₹5 lakh — ₹25 + GST. For above ₹5 lakh — ₹50 + GST. All charges are subject to 18% GST. RTGS & NEFT are FREE via online/mobile banking Charges are subject to change; verify the latest schedule at your IOB branch.