Online Banking
RTGS – The acronym RTGS stands for Real Time Gross Settlements. The RTGS system facilitates transfer of funds from accounts in one bank to another on a “real time”. The RTGS system is the fastest possible inter-bank money transfer facility available through secure banking channels in India.

NEFT – The acronym NEFT stands for National Electronic Fund Transfer. Funds are transferred to the credit account with the other participating bank using RBI’s NEFT Services. Currently, NEFT operates in hourly batches. The fund transfer through RTGS / NEFT can be done ONLY to any RTGS / NEFT enabled bank branch in India.
The following information about the beneficiary is mandatory:
The Beneficiary can obtain:
IFSC Code from his Bank’s branch, it is also available on the cheque leaf. The list of IFSCs is also available on the RBI website.
If the beneficiary details provided are Incorrect:
Bank does not verify the Beneficiary Details given for outward RTGS / NEFT transaction, and its fate entirely depends upon the Beneficiary Bank. If the beneficiary details provided matches at the Beneficiary Bank, the credit will be passed on as per details. But in case the Beneficiary Bank rejects the transaction, for any reason, the customer account will be credited.
Particulars NEFT RTGS
Minimum Amount Rs. 1/- Rs. 2,00,000/-
Maximum Amount No Limit No Limit
Transaction Charges Maximum Rs.15/- + Service Tax Maximum Rs. 25/- + Service Tax