NARAYANAGURU URBAN CO OPERATIVE BANK LTD

Rooted in Udupi's Heritage, Banking for the Community Since 2002

RTGS / NEFT

Fund Transfer Services

Narayanaguru Urban Co-operative Bank is providing RTGS, NEFT & SMS alert facilities to the customers. Transfer funds to any bank account across India quickly and securely.

RTGS — Real Time Gross Settlement

The acronym RTGS stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds transfers individually on an order-by-order basis (without netting).

'Real Time' means the processing of instructions at the time they are received rather than at some later time.

  • For transactions above Rs. 4 Lakhs
  • Available during Bank's Business Hours
  • Transfer to any bank in India
  • Cost of service as per service charges
NEFT — National Electronic Funds Transfer

Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Under this scheme, individuals, firms and corporates can electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country participating in the scheme.

  • Customers can transfer funds above Rs. 4 lakhs to any bank account in India on the same day
  • There is a limit of below Rs. 4 lakhs per transaction
  • Available during Bank's Business Hours
  • Cost of service as per service charges
Timings

Bank's Business Hours

RTGS Minimum

Above Rs. 4 Lakhs

NEFT Limit

Below Rs. 4 Lakhs per transaction

Charges

As per service charges