RTGS/NEFT

Transfer money quickly and safely with RTGS (Real Time Gross Settlement) and NEFT (National Electronic Funds Transfer) services from Valmiki Urban Co-Op Bank Ltd. These modern banking facilities allow seamless transfer of funds to any bank account across India with speed, accuracy, and security.

Features & Benefits

  • Safe and secure electronic fund transfer
  • RTGS for real-time high-value transactions
  • NEFT for batch-based fund transfers
  • Available across all CBS-enabled branches
  • Quick processing with minimal delays
  • Convenient for personal and business payments
  • Reduced need for cash handling
  • Reliable and transparent transaction system

RTGS (Real Time Gross Settlement)

  • Used for high-value transactions
  • Funds transferred in real time
  • No upper limit (as per RBI guidelines)
  • Suitable for urgent and large payments

NEFT (National Electronic Funds Transfer)

  • Suitable for small and medium transactions
  • Transactions processed in batches
  • Available 24x7 in online banking systems (where applicable)
  • Cost-effective fund transfer option

Services Available Under RTGS / NEFT

  • Inter-bank fund transfers
  • Salary and vendor payments
  • Loan EMI payments
  • Utility and bill payments
  • Business settlements
  • Personal money transfers

Requirements

  • Beneficiary bank account number
  • IFSC code of the branch
  • Beneficiary name
  • Valid KYC-registered account with Valmiki Urban Co-Op Bank Ltd
  • Transfer request form (for branch transactions)

Eligibility

  • Savings account holders
  • Current account holders
  • Corporate and business customers
  • Individual and joint account holders of Valmiki Urban Co-Op Bank Ltd

Visit Today

Visit your nearest branch of Valmiki Urban Co-Op Bank Ltd and experience hassle-free and secure money transfer services through RTGS and NEFT.