The Saraswat Co-operative Bank Limited
National Electronic Funds Transfer (NEFT) Application Form
The Saraswat Co-operative Bank Limited Date :
_______________
Branch ___________________________
Cheque No: ________________
Applicant (Remitter) Details:
Account Name
Debit Account Number (15 Digit) Savings / Current / Overdraft
Email / Mobile No. of Remitter
Beneficiary Details:
Beneficiary Account Number Savings/Current/OD/Card
Beneficiary Name
IFSC Code 0
Beneficiary Bank & Branch
Beneficiary Account No (Repeat) Savings/Current/OD/Card
Remittance Details:
Amount (in figures) `
Amount (in words) Rupees
I/We hereby authorize The Saraswat Co-operative Bank Limited to carry out NEFT transaction as per the details mentioned
above and also to debit my/our account for the amount including charges plus taxes as applicable. I/We hereby agree that the
above transaction is subject to the Terms & Conditions as given overleaf.
For Bank’s use only
Yours Sincerely, Application Recd Time :
Related Ref. No.:
Signature Verified
_____________________________________________________ Transaction Entered by
and Tran authorised by
Signature of Authorized Signatory (Stamp wherever Tran Ref. No.:
required)
Sign & Code Sign & Code
---- ---- --- ------- --- ---- ------ --- ------- --- ---- ------ --- ------- --- ---- ------ --- ------- --- ---- ------ --- ------- --- ----
Acknowledgement
Received NEFT fund transfer application from ________________________________________ A/c. No. ____ ________________
for ` __________________ on _____________ at _______ am/pm. Beneficiary Name ____________________________ ___ __
IFSC: ___________________ A/c No.: ___________________
Seal Signature: __________________ Code: ________
Terms and Conditions
NEFT request is subject to RBI regulations and guidelines governing the same.
Credit will be effected based solely on the beneficiary account number provided by the applicant. Beneficiary name/
particulars may not be used for crediting the amount.
Ensure that the details including IFSC code and the beneficiary account are correct. The Saraswat Co-operative Bank
Limited accepts no liability for any consequences arising out of erroneous details provided by the applicant.
Application Form must be received by the remitting branch before cut-off time. If application is received after cut-off time,
then transfer of funds shall be effected on the next working day.
Prior intimation will be given by the applicant to remitting branch for remittance of `. 1.00 crore and above.
Once the account is debited, the remitter cannot revoke the given mandate.
The Saraswat Bank shall not be liable for delay/ non-payments to the beneficiary if :
o Incorrect and Insufficient details of beneficiary are provided by the applicant/ remitter.
o Dislocation of work due to the circumstances beyond the control of Remitting/ Destination bank/branch like non-
functioning of computer system, disruption of work due to natural calamities, strike, riot etc or Network or internet
problem or other causes beyond the control of the Branch/ Bank resulting in disruption of communication. It will be
settled on the next working day when NEFT is functioning properly.
NEFT request has to be submitted at Home Branch only. Request received at non home branches are likely to be
rejected.
Terms and Conditions
NEFT request is subject to RBI regulations and guidelines governing the same.
Credit will be effected based solely on the beneficiary account number provided by the applicant. Beneficiary name/ particulars may not
be used for crediting the amount.
Ensure that the details including IFSC code and the beneficiary account are correct. The Saraswat Co-operative Bank Limited accepts no
liability for any consequences arising out of erroneous details provided by the applicant.
Application Form must be received by the remitting branch before cut-off time. If application is received after cut-off time, then transfer of
funds shall be effected on the next working day.
Prior intimation will be given by the applicant to remitting branch for remittance of `. 1.00 crore and above.
Once the account is debited, the remitter cannot revoke the given mandate.
The Saraswat Bank shall not be liable for delay/ non-payments to the beneficiary if :
o Incorrect and Insufficient details of beneficiary are provided by the applicant/ remitter.
o Dislocation of work due to the circumstances beyond the control of Remitting/ Destination bank/branch like non-functioning of
computer system, disruption of work due to natural calamities, strike, riot etc or Network or internet problem or other causes beyond
the control of the Branch/ Bank resulting in disruption of communication. It will be settled on the next working day when NEFT is
functioning properly.
NEFT request has to be submitted at Home Branch only. Request received at non home branches are likely to be rejected.
Note: In case you are a beneficiary of funds through NEFT, please inform remitter your valid 15 digit account number.
