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IFSC code – IBKL0116RSB
GST No – 27AAAAR0356F1ZS




Real Time Gross Settlement System (RTGS) 

The RTGS system facilitates transfer of FUNDS from accounts in one bank to another on a "real time" and on "gross settlement" basis. This system is the fastest possible interbank MONEY transfer facility available through secure banking channels in India. RTGS enables an efficient, secure, economical and reliable system of transfer of funds from bank to bank as well as from remitter’s account in a particular bank to the beneficiary’s account in another bank across the country. An electronic payment system in which payment instructions between banks are processed and settled individually and continuously, on a real time basis.

1. Safest and Secure Mode of FUND Transfer
2. CREDIT to Beneficiary's Account on the Same Day
3. No Courier/ Postal expenses to Fund Transfer
4. Through RTGS Bank’s customers can also receive remittances from their associates, maintaining accounts with other Banks.
5. CREDIT to the Beneficiary Account will be given by the branch of the Beneficiary’s Bank on the same day and in case of holiday / after business hours, credit will be given on next working day. 


Customers of our Bank’s, RTGS enabled branches can send remittances under RTGS Scheme to any destination Bank / Branch that is registered with RBI’s RTGS system 

Amount of Remittance:

Minimum amount of remittance under Customer Transaction through RTGS is as per RBI guidelines. 

How to use:

1. Submit the funds transfer application form in a prescribed format to RTGS enabled Bank Branch.
2. Mention Your (applicant) details & Beneficiary Bank and Branch Name with Indian FINANCIAL System Code (IFSC), Beneficiary’s Name, Account Type, Account Number and Amount to be remitted etc as per RBI guidelines.

1) NEFT (National Electronic FUNDS Transfer)

Immediate remittance of FUNDS by electronic mode of payment across India
Beneficiary account CREDITED on the same day in NEFT (No limit on minimum and maximum amount to be transferred)
National Electronic FUNDS Transfer (NEFT) system is a nationwide FUNDS transfer system to facilitate transfer of funds from any bank branch to any other bank branch.
Immediate remittance of funds by electronic mode of payment across India
Beneficiary account credited on the same day in NEFT (No limit on minimum and maximum amount to be transferred)
The system uses the concept of centralized accounting system and the bank's account that is sending or receiving the funds transfer instructions, gets operated at one centre.
Highly secured / ”No risk” mode of funds transfer
Beneficiary receives the MONEY:-
The beneficiary gets the credit on the same Day or the next Day depending on the time of settlement.