RTGS is a more robust payment system enabling inter-bank fund transfers of above 1 Lac. Transfer of funds is attained by an instruction to the bank to transfer funds from your account to another account whereby settlement is done continuously. (simultaneously).

Eligibility: Savings Account, Current Account, CC/ OD Account holder

The attraction of this system

• Strong Technological Support
  A strong, dedicated and secure communication with INFINET- a state-of-the-art solution
• Security
  Payee bank and customer receive funds with certainty during the day
• Instant service
  Immediate credit with no time wasted
• Liquidity
  Sufficient intraday liquidity to cover their outgoing payments
• Security
  Avoid cheque to transfer funds from one bank account to another
• Risk free
  - Transfer is instant and significantly reduces settlement risk
  - Reduces credit risk of the receiving participant as they settle the payment after it is accepted by the system
• Hassle-free
  Avoid cheque return, bounce and stop payment hassles

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 funds below ₹ 1 Lac. and clearing throughout India.

Eligibility: Savings Account, Current Account, CC / OD Account holder

Benefits:

• Convenience at its best
  Fund credited at the earliest to the beneficiary's account
• Free
  Free inward remittance
• Paperless
  No hassle of paper-based funds transfer and clearing system
• Savings
  No courier / postal charges

For more details, please visit our bank to avail the instant interbank money transfer facility through RTGS/ NEFT.

* Conditions Apply