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RTGS and NEFT

Shri Veershaiv Bank RTGS / NEFT SYSTEM SCHEME FOR DOMESTIC INTER-BANK / CUSTOMER FUNDS TRANSFER

Shri Veershaiv Co-op Bank is sub member of HDFC Bank and offers RTGS and NEFT Services to its Customers.
 

Benefits

Through RTGS and NEFT Shri Veershaiv Bank’s customers can also receive remittances from their customers / associates maintaining accounts with other Banks. i.e., instead of receiving payments by way of cheque / pay orders / demand drafts etc., can receive funds through RTGS and NEFT system by giving 15 Digit Customer Account number and IFSC Code of Branch.
 

AMOUNT OF REMITTANCE:

RTGS

Minimum amount of remittance under Customer Transaction through RTGS is Rs. 2 Lakh and above.

NEFT

Any amount whole in Rupees (without minimum / maximum limits) can be remitted.
 

CREDIT TO BENFICIARY’S ACCOUNT:

Credit to the Beneficiary Account will be given by Beneficiary’s Bank’s Branch on the same day and in case of holiday / after business hours, credit will be given on next business date.
 

WORKING OF THE RTGS/NEFT:

Submit the application form in a prescribed format in Bank Branch. Mention Beneficiary Bank and Branch Name with Indian Financial System Code (IFSC) and Beneficiary’s Name, Account Type, 15 Digit Account Number and Amount to be remitted. Message will be sent in electronic form in a highly secured manner through RTGS / NEFT System to Beneficiary Bank’s Branch. Credit to the Beneficiary Account will be given by Beneficiary’s Bank’s Branch on the same day and in case of holiday / after business hours, credit will be given on next business date.
 

TIMINGS

RTGS RTGS
  FOR CUSTOMER TRANSACTION
MONDAY TO FRIDAY FROM 10:30 AM TO 2:00 PM
SATURDAY FROM 10:30 AM TO 11:30 AM
   
NEFT NEFT
MONDAY TO FRIDAY 12 HOURLY BATCHES FROM 10:30 AM TO 3:00 PM
SATURDAY 6 HOURLY BATCHES FROM FROM 10:30 AM TO 11:30 AM

 

For IFSC Codes of the Branches refer to Branch Locator