NEFT mandate forms are submitted at the bank branch in case the policyholder or claimant of that policy wishes to get the amount directly into his/her bank account through electronic fund transfer. This NEFT mandate form holds the details both personal as well as bank details to make the transfers into the exact account.
Some of the advantages of the NEFT mandate form are:
- It decreases the chances of credit into the incorrect account because the bank details are handwritten and are submitted in person.
- Tracking becomes easy in case of unsuccessful or mistaken transactions.
- It is a written request acting as proof of a written request submitted for NEFT.
- It adds to the record of people raising a request and also a record of how many people avail of this facility.
- It lessens the chances of fraud.
Download SBI Neft Mandate Form
To download NEFT Mandate Form for State Bank Of India ( SBI ) just visit below link. https://www.sbi.co.in/portal/web/personal-banking/download-forms
Here you will find all required forms from SBI Bank. But to view these forms you need to download and install Acrobat Reader on your computer or mobile phone. Click here to download Acrobat Reader.
To Download required “Service Request Form” right-click on the link and click “Save As”.
If you need any more information on SBI Bank to go to https://www.banksindia.org/state-bank-of-india/