The Navnirman Co-Operative Bank Ltd. offers secure and efficient NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement) services to facilitate electronic fund transfers for its customers.
NEFT (National Electronic Funds Transfer):
- Service Availability: Available during NEFT hours as defined by RBI (including Saturdays except 2nd & 4th).
- Minimum Amount: No minimum limit.
- Maximum Amount: As per RBI guidelines and customer’s account limits.
- Settlement Type: Hourly batches.
- Ideal For: Individuals and businesses for transferring funds up to ₹2 lakhs.
RTGS (Real Time Gross Settlement):
- Service Availability: RTGS service is available on all working days during RTGS hours.
- Minimum Amount: ₹2,00,000.
- Maximum Amount: No upper limit (subject to bank norms).
- Settlement Type: Real-time and on a gross basis.
- Ideal For: High-value transactions needing immediate settlement.
Benefits:
- Secure and hassle-free fund transfer.
- Timely processing of payments.
- Available across all branches of The Navnirman Co-Operative Bank Ltd.
- Can be initiated through bank branches.
