Transfer your Funds

Transfer your Funds

Real Time Gross Settlement (RTGS) is a network technology payment system. The transfer of funds by this mechanism happen instantaneously.

Through RTGS, the credit to the beneficiary/payee is given within a few hours. There is no limit to geographical boundaries or clearing houses.

There is no facility for STOP PAYMENT.

Commission income for transactions
Value Band Through Branch Through Net banking
Charges Charges
Rs.1 lakh to Rs.2 lakhs Free Free
Above Rs. 2  lakh to Rs. 5 lakh Rs. 25/- + Applicable ST Rs. 15/- + Applicable ST
Above Rs. 5 Lakh Rs. 50/- + Applicable ST Rs. 30/- + Applicable ST
Additional service charge for cash transactions

Service Charges of Rs. 2/- per Rs. 1000/- will be levied if cash is remitted for transferring funds through RTGS

Terms and Conditions
  • The minimum amount to be transferred is Rs. 2,00,000/-.
  • Amount once transfer cannot be cancelled.
NATIONAL ELECTRONIC FUNDS TRANSFER (NEFT)

National Electronic Funds Transfer (NEFT) is another network technology payment system. It ensures quick transfer of funds and is a highly safe and secure mechanism. All fund transfers for amounts less than Rs. 1 lakh are routed through the NEFT system.

There is no facility for STOP PAYMENT.

Commission income for transactions
Value Band Through Branch Through Net banking
Charges Charges
Up to Rs. 1 lakh Rs. 5/- + Applicable ST Free
Above Rs. 1 lakh to Rs. 2 lakh Rs. 15/- + Applicable ST Rs. 10/- + Applicable ST
Above Rs. 2 Lakh Rs. 25/- + Applicable ST Rs. 10/- + Applicable ST
Terms and Conditions
  • The minimum amount to be transferred is below Rs. 2,00,000/-.
  • Amount once transfer cannot be cancelled.
Additional service charge for cash transactions

Service Charges of Rs. 2/- per Rs. 1000/- will be levied if cash is remitted for transferring funds through NEFT