Download India's No. You can use either of these facilities to send money across different banks, different accounts, different states and different cities. RTGS funds transfer can be used to send amounts of Rs. You can go RTGS transfer through net banking or by walking into any of the branches. You need to provide the following information. RTGS is available for customers to use on weekdays and Saturdays.
It will not be available on Sundays and National holidays. NEFT can be used to transfer smaller amounts of money that do not exceed Rs. To use this platform, customers can follow the same procedure as stated for RTGS. There are certain limits on the amount that you can transact through Indian Overseas Bank account online.
Hence, you must check the maximum and minimum limit on the amount for which you can make a transaction online. This information is available on the official website of the Indian Overseas Bank. Suppose you have borrowed Rs 10, from a friend and want to return it using your net banking facility. To send the money, you need to first add your friend's details like account number, bank and branch name and address and IFSC code of your friend's bank branch.
You will have to add your friend as a beneficiary with his bank account details on your bank's net banking portal. Get Details. Looking for a Loan? Apply Now. Looking for an investment? Branches Offers Things to Know. Get Loan Online. Earn High Returns on FD. Compare Rates. Related Topics. Home Loan Home Loan at all-time low rates starting at 6.
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