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NEFT RTGS

Transfer your funds anywhere in india in minutes.The beneficiary bank credits the beneficiary’s account within 2 hour of receiving the funds message.Reserve Bank of India has introduced a system called National Electronic Funds Transfer System (NEFT) through which fund transfer operation would take place among member Banks and financial institutions. Our bank is one of the participants in the above system.

  • Benefit 01

    Using RTGS, funds move instantly and securely.

  • Benefit 02

    faster than cheque or DD.

More Key Points:

To establish an Electronic Funds Transfer System to facilitate an efficient, Secure, economical, reliable and expeditious system of funds transfer and Clearing in the banking sector throughout India, and To relieve the stress on the existing paper based funds transfer and clearing system.

  • What you need to Submit? (Remitting customer)
  • Amount to be remitted.
  • His/her account number which is to be debited.
  • Name of the beneficiary customer.
  • IFSC of receiving branch.
  • Account number of the beneficiary customer.
Benefits of Core Banking

Customers can transfer money anytime, anywhere through Internet or Mobile Banking (24x7, 365 days). No need to visit a branch physically.

RTGS provides instant or near-instant transfer (real-time processing). NEFT settles funds in half-hourly batches, making it fast and reliable.

Operated by RBI, ensuring high-level encryption, authentication, and traceability. No risk of loss, forgery, or theft (unlike physical cheques or cash).
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