Real Time Gross Settlement System(RTGS)

Real Time Gross Settlement System (RTGS), is a modern, robust, integrated payment and settlement system. RTGS is a system whereby the Banks and FINANCIAL Institutions maintaining accounts with RBI can transfer FUNDS to one another on an immediate, final and irrevocable basis during business hours.

The Facility can be used for Fund Transfer to other Bank on behalf of the customers. For this purpose correct destination account number and IFSC code of the destination bank / branch is required from the customer availing this facility.

National Electronic Funds Transfer(NEFT)

Reserve Bank of India has introduced a system called National Electronic FUNDS Transfer System which may be referred to as NEFT System, for participating banks and institutions with the required system of computer and communication network through which funds transfer operation would take place.

Our bank is one of the participants in the above system. Presently, our all the Branches are enabled to offer NEFT facilities to their customers.