RTGS

Beneficiary details like Beneficiary Name, Beneficiary's Bank Name, complete account number, IFSC Code and amount to be remitted are required to transfer funds through RTGS

Customers can either visit their base branch with a cheque and RTGS Application duly filled to transfer funds via RTGS. Customers can also transfer funds themselves using Internet banking / Mobile App by adding a beneficiary before executing any transfers.

The RTGS system is primarily meant for large value transactions. The minimum amount to be remitted through RTGS is INR 2,00,000/- with no upper or maximum ceiling.

Indian Financial System Code (IFSC) is an alpha numeric code designed to uniquely identify the bank-branches in India. This is 11 digit code with first 4 characters representing the banks code, the next character reserved as control character (Presently 0 appears in the fifth position) and remaining 6 characters to identify the branch.

The IFSC number can be obtained by the remitter (customer) from his / her bank branch. Alternatively, it is available on the cheque leaf of the beneficiary. This code number / bank branch information can be communicated by the beneficiary to the remitting customer.

There are no charges for RTGS executed through Internet Banking and Mobile App. Please refer to the Bank's Schedule of charges for transactions being executed through Branch.

This system can be used only for remitting Indian Rupee among the participating banks within the country. The funds from NRI Accounts can also be remitted subject to applicability of provisions of FEMA. However customers can remit funds to Nepal. For more information please visit any of our branches.