Real Time Gross Settlement / National Electronic Fund Transfer:
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- Benefits of RTGS/NEFT services
- RTGS/NEFT is free of cost for any amount.
- The beneficiary’s A/C is credited on the same day.
- Physical Cheque/Demand Draft not required.
- Avoid long waiting period.
- Reduce time & cost.
- Reduce paper work
- Benefits of RTGS/NEFT services
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- Transfer Limit
- RTGS eligibility : Transactions above 2 laces
- NEFT eligibility : No limit
- Transfer Limit
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- Required Information
- Amount to be remitted.
- Account Number to be debited.
- Name of the beneficiary bank.
- Name of the beneficiary.
- IFSC of receiving branch.
- Account number of the beneficiary.
- Required Information
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- Service Timing
- 10:00 am to 04:00 pm. (Monday to Saturday)
- Except 2nd and 4th Saturday of every month
- Service Timing
- IFSC Code
- IBKL 01642 RP