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Application for participation in RBI NEFT System

ANNEXE-2

Form NEFT-1A

RBI NEFT System

Application for participation in RBI NEFT System

ORIGINAL/DUPLICATE/TRIPLICATE

Ref. No.. . . .. . . . . . .. .. .. .

Date . . . ./. .. . /

 

The Chief General Manager
Reserve Bank of India
Department of Payment & Settlement Systems
Central Office
14th Floor,
Shahid Bhagar Singh Marg
Mumbai – 400001

Dear Sir/ Madam,

Our bank/financialinstitution/organisation requests Reserve Bank of India’s approval for participation in the RBI NEFT System and agrees to abide by the Procedural Guidelines for RBI NEFT System in the event of being admitted into the System.

We would comply with the technical and operational requirements of the NEFT System and would meet the settlement obligations from the current accounts maintained with Reserve Bank of India.

 

Place:

(......................................................................)

Date:

Signature with name, designation and seal of the applicant

1. Name of the bank/financial institution/organisation:

2. No. of branches having connectivity all over India and can participate in the NEFT with T+0 settlement.


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