All the account holders are requested to use only 15 Digit Account Number for their Inward fund transfer through NEFT & RTGS.

Electronic payment products - Processing inward transactions based solely on account number information.

Responsibility to provide correct inputs in the payment instructions, particularly the beneficiary account number information, rests with the sender / originator. While the beneficiary’s name shall be compulsorily mentioned in the instruction request, and carried as part of the funds transfer message, reliance will be only on the account number for the purpose of affording credit. This is applicable both for transaction requests emanating at branches and those originated through the online / internet delivery channel.  (For details Refer RBI Circular No. RBI/2010-11/235 DPSS (CO) EPPD No. / 863 / 04.03.01 / 2010-11 dated October 14, 2010). Therefore, the credit will be effected based solely on the beneficiary account number information and the beneficiary name particulars will not be used therefor. As such sender has to be cautious on the account number of beneficiary while transferring the amounts in electronic mode.

RTGS (Real Time Gross Settlement) is an electronic payment platform of Reserve Bank of India which provides online settlements and processes the transaction individually and continuously, on a real time basis, throughout the day. Using RTGS, Customers of the Bank can remit Rs. 2 Lakh and above to the beneficiary’s account in another Bank. The fund transfer requests under RTGS are allowed between 8.00 a.m. to 4.00 p.m. on all working days. 


Block Time of Settlement RTGS Transaction Charges Time-Varying Tariff Total Charges to be recovered
1 From 8.00 am To 11.00 am  
Rs. 2.00 Lakh to Rs. 5.00 Lakh Rs. 25.00 NIL Rs. 25.00 plus GST @ 18%
Above Rs. 5.00 Lakh Rs. 50.00 NIL Rs. 50.00 plus GST @ 18%
2 From 11.00 am To 1.00 pm  
Rs. 2.00 Lakh To Rs. 5.00  Lakh Rs. 25.00 Rs. 2.00 Rs. 27.00 plus GST @ 18%
Above Rs. 5.00 Lakh Rs. 50.00 Rs. 2.00 Rs. 52.00 plus GST @ 18%
3 From 1.00 pm To 4.00 pm  
Rs. 2.00 Lakh To Rs. 5.00 Lakh Rs. 25.00 Rs. 5.00 Rs. 30.00 plus GST @ 18%
Above Rs. 5.00 Lakh Rs. 50.00 Rs. 5.00 Rs. 55.00 plus GST @ 18%