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RTGS is a more robust payment system enabling inter-bank fund transfers of above Rs.1 Lac. Transfer of funds is done by simple instruction to bank to transfer funds from your account to another bank account whereby settlement is done continuously. |
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Savings Account, Current Account, CC/ OD Account holder |
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Strong Technological Support |
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Dedicated, secure communication backbone with INFINET a state-of-the-art solution |
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Security |
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Payee bank and customer receives funds with certainty during the day |
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Instant service |
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Time saved, with immediate credit |
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Liquidity |
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Sufficient intra day liquidity to cover their outgoing payments |
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Security |
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Avoid cheque to transfer funds from one bank account to another |
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Risk free |
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- Significantly reduces settlement risk , as the transfer is instant
- Reduces credit risk of receiving participant as they settle payment, as soon as it is accepted by the system for settlement
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Hassle free |
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Does away with the concept of cheque return, bounce and stop payment hassles |
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Presently all our branches are CBS enabled to offer NEFT facility to our customers. This system facilitates an efficient, secure, economical, reliable and expeditious system to transfer fund below Rs 1 Lac. and clearing throughout India. |
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Savings Account, Current Account, CC/ OD Account holder |
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Convenience at its best |
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Fund credited at earliest to beneficiary’s account |
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Free |
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Free inward remittance |
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Paperless |
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No hassle of paper based funds transfer and clearing system |
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Savings |
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No courier/ postal charges |
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For more details please visit any of our branches to avail the instant inter bank money transfer facility through RTGS / NEFT. |
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* Conditions Apply |
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