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RTGS / NEFT

RTGS- The acronym "RTGS" stands for Real Time Gross Settlement. The RTGS system facilitates transfer of funds from accounts in one bank to another on a "real time". The RTGS system is the fastest possible interbank money transfer facility available through secure banking channels in India. NEFT -The acronym "NEFT" stands for National Electronic Funds Transfer. Funds are transferred to the credit account with the other participating Bank using RBI's NEFT service. The following details are necessary for the transfer of funds.

Beneficiary Name

Beneficiary Address

Beneficiary Bank name and account number

Beneficiary Account Type (in case of NEFT)

IFSC Code of the Beneficiary's Bank Branch

TDCB’s  RTGS / NEFT details

IFS Code    :   IBKL00 46 T 01

Timing :

Week days :  10.00 AM  - 03.30 PM
Saturdays  :   10.00 AM  - 11.30 AM

Charges

RTGS

Rs. 2,00,000/- to Rs. 5,00,000/-

25 + service tax

Above Rs. 5,00,000/-

50 + service tax

 

NEFT

Upto Rs.10,000/-

2.5 + Service tax

Rs.10,001/- to Rs. 1,00,000/-

5 + service tax

Rs.1,00,001/- to Rs.2,00,000/-

15 + service tax

Above Rs.2,00,000/

25 + service tax

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