RTGS (Real-Time Gross Settlement) and NEFT (National Electronic Funds Transfer) are secure and convenient fund transfer services offered by Janatha Seva Co-operative Bank Ltd., enabling customers to transfer money electronically to any bank account across India.

Key Features

♦  RTGS (Real-Time Transfers): Instant transfer of funds with real-time settlement, suitable for high-value transactions.

♦  NEFT (Batch Transfers): Electronic fund transfer processed in batches, ideal for both small and large transactions.

♦  24x7 Availability: NEFT is available round the clock; RTGS operates within banking hours as per RBI guidelines.

♦  Secure Transactions: Highly secure and reliable digital transfer system.

♦  Nationwide Coverage: Transfer funds to any bank account across India.

♦  Easy Access: Available through branch banking and digital platforms.

Benefits

♦  Quick and efficient money transfers

♦  Safe and transparent transaction process

♦  No need for physical cash handling

♦  Convenient for personal and business payments

Transaction Details

♦  RTGS: Minimum transaction amount applicable (typically for high-value transfers)

♦  NEFT: No minimum or maximum limit (as per RBI guidelines)

♦  Requires beneficiary details such as account number and IFSC code

Requirements

⇒  Active bank account with Janatha Seva Co-operative Bank Ltd.

⇒  Beneficiary account details (account number, IFSC code, bank name)

⇒  Internet banking or branch access

RTGS and NEFT services from Janatha Seva Co-operative Bank Ltd. ensure fast, secure, and hassle-free fund transfers, making banking more efficient and convenient for customers.