RTGS/NEFT
RTGS (Real Time Gross Settlement)
Our bank offers RTGS facility for secure and real-time transfer of high-value funds (₹2 lakhs and above). With RTGS, money is transferred instantly between banks with immediate settlement.
It is best suited for urgent and large transactions requiring fast clearance. This service is available during official banking hours on working days.
NEFT (National Electronic Funds Transfer)
We provide NEFT facility to help you transfer money easily to any bank across India. It is ideal for low to mid-value transactions and works in half-hourly batches. Available 24×7, including holidays, through online and mobile banking. NEFT is reliable, convenient, and widely accepted for personal and business payments.
Features
- Nationwide Coverage: Transfer money to any bank across India.
- Safe & Secure: RBI-regulated systems with encrypted transactions.
- Paperless Transactions: Completely digital and hassle-free.
- Convenient Access: Available via bank branches, mobile banking, and internet banking.
Advantages
Speed & Reliability
RTGS ensures real-time fund transfer, while NEFT operates on half-hourly batches.
Cost-effective
Lower transaction charges compared to traditional methods.
No Physical Cheque Needed
Quick online processing with minimal documentation.
Ideal for All Amounts
NEFT is best for small to mid-sized payments; RTGS suits larger value transactions.
Transaction Limit
- NEFT: No minimum or maximum limit. Suitable for any amount.
- RTGS: Minimum ₹2 lakhs; no upper limit for high-value transactions.
Charges & Time
Charges & Time
NEFT Charges: – usually nominal or free for online transactions.
RTGS Charges: Higher than NEFT due to real-time processing; typically free or nominal for digital modes.
Processing Time:
NEFT: Available 24×7, including weekends and holidays (near real-time).
RTGS: Available 24×7; instant settlement during banking hours.
02552 243699
contact@samruddhisahakaribank.com
We are here to help our customer any time. You can call on 24/7 To Answer Your Question.