RTGS / NEFT

 We offer Real Time Gross Settlement (RTGS) payments & receipts system, a solution for faster and most efficient settlement system for our esteemed customers.

Our IFSC is HDFC0CMODEL

The RTGS product would provide the following benefits:

        Speed – Guaranteed & Fast settlement of transactions
        Hassle free High Value settlement - Elimination of collections thru physical clearing
        Reduces Paper work and improves efficiency
       
Eliminates "Settlement Risk" & "Systemic Risk"

RTGS Rates:

Inward Transactions:

FREE

Outward Transactions:

a) Upto Rs. 5,00,000

Rs. 20.00 per transaction plus taxes

b) Above Rs. 5,00,000
Rs. 40.00 per transaction plus taxes

 
Timings for Transactions: Cut off timing for Branches: Transactions can be sent through the RTGS system within following time schedules:

Outward transaction time : upto 15:15 p.m.

The NEFT System introduced in 2005, has seen exponential growth in recent years. Our Bank offers National Electronic Funds Transfer System to our esteemed customer.

 NEFT Rates:

Inward Transactions:

FREE

Outward Transactions:

a) Upto Rs. 10,000

Rs. 2.00 per transaction plus taxes

b) Rs. 10,001 to 1,00,000

Rs. 4.00 per transaction plus taxes

c) Rs. 1,00,001 to 2,00,000

Rs. 14.00 per transaction plus taxes

d) Rs. 2,00,001 to 5,00,000

Rs. 20.00 per transaction plus taxes

e) Above Rs. 5,00,000 Rs. 40.00 per transaction plus taxes

 Timings for Transactions: Cut off timing for Branches: Transactions can be sent through the NEFT system within following time schedules:

Outward transaction time : upto 18:00 p.m.

Administrative Office

501, Central Plaza, 166 C S T Road, Kalina, Santacruz (East), Mumbai 400 098.

Tel No: 26656076 / 77  Tele Fax: 26656079

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