National Electronic Funds Transfer (NEFT)

NEFT is an application developed by RBI to facilitate customers to transfer funds from one bank account to another bank account in India. It is an efficient, secure, economical, reliable and expeditious system of funds transfer between banks. There is no minimum or maximum limit for remittance through NEFT.

Real Time Gross Settlements (RTGS)

The acronym `RTGS` stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds transfers individually on an order by order basis (without netting). `Real Time` means the processing of instructions at the time they are received rather than at some later time; `Gross Settlement` means the settlement of funds transfer instructions occurs individually (on an instruction by instruction basis). Considering that the funds settlement takes place in the books of the Reserve Bank of India, the payments are final and irrevocable.

Our ALL Branches Are NEFT / RTGS Enabled

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Information Required For Transfer Of Funds

  • Amount to be remitted
  • Account no. to be debited
  • Name of the beneficiary bank
  • Name of the beneficiary customer
  • Account no. of the beneficiary customer
  • Sender to receiver information, if any

Time Schedule

Service Type Remittance Type Start Time End Time
Internet Banking NEFT 8:00 a.m. 7:00 p.m.
RTGS 8:00 a.m. 4:15 p.m.
Mobile Banking NEFT 8:00 a.m. 7:00 p.m.
Bulk RTGS 10:00 a.m. 3:00 p.m.
Branch (Within Working Hours) NEFT 10:00 a.m. 4:00 p.m.
RTGS 10:00 a.m. 4:00 p.m.

The Minimum And Maximum Amount For RTGS Transactions

Minimum Maximum
Rs 2 lacs No limit



RTGS Holidays – 2018
1 January 26, 2018 Friday Republic Day
2 March 30, 2018 Friday Good Friday
3 August 15, 2018 Wednesday Independence Day
4 August 22, 2018 Wednesday Bakri ID (ld- UI-Zuha)
5 October 2, 2018 Tuesday Mahatma Gandhi Jayanti
6 December 25, 2018 Tuesday Christmas