RTGS/NEFT

  • Reserve Bank of India has introduced a system called National Electronic Funds Transfer System (NEFT) and Real Time Gross Settlement (RTGS) 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.
  • Transfer Your Funds Anywhere in India in minutes (Selected Banks and Branches).

The Objectives of the NEFT/RTGS System are:

  • 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.
  • Credit to Beneficiary’s Account on the same day.
  • Safest and Secure Mode of Fund Transfer.
  • Money can be put to use by beneficiary on the same day.

Eligiblity

  • Customers of send/ receive remittances under NEFT/RTGS Scheme to/ from any destination Bank/ Branch which is registered with RBI’s NEFT/RTGS System.

Amount of Remittance:

  • There is no ceiling of minimum and maximum amount of remittance/ transaction.

Credit to Beneficiary’s Account:

  • Auto credit to the beneficiary’s bank account on the same day Will be done.

Timing and Detail’s :

  • Reserve Bank of India has introduced a system called National Electronic Funds Transfer System (NEFT) and Real Time Gross Settlement (RTGS) 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.
  • Now NEFT / RTGS transaction 24*7 can be done at the following timing by Mobile application.
  • From 10:00:00 AM to 17:00:00 PM with 5,00,000.00 per transaction limit.
  • From 17:00:00 PM to 10:00:00 AM (Next Day) with 2,00,000.00 for NEFT and 4,00,000.00 for RTGS per transaction limit.
  • NEFT / RTGS transaction can be done at the following timing by visiting the branch:
  • 10:30 am to 03:30 P.M. (Monday to Saturday) (2nd and 4th Saturday holiday)
  • Note : No any transaction Limit by visiting the branch.
  • Our Bank IFSC Code : HDFC0CTBNSB / GSCB0BNSB02 / GSCB0BNSB03 / GSCB0BNSB04