NEFT/RTGS

To facilitate fast, safe, and efficient transfer of funds, The Sardargunj Mercantile Co.Op. Bank Ltd. offers electronic payment services including NEFT, RTGS, and IMPS for its customers.

 

✅ NEFT (National Electronic Funds Transfer)

  • Available during all banking hours.

  • Ideal for transferring funds up to ₹2 lakhs or more.

  • Settlements occur in half-hourly batches.

  • Safe, secure, and cost-effective method of transferring money to any bank account in India.

 

✅ RTGS (Real Time Gross Settlement)

  • Best suited for high-value transactions (minimum ₹2 lakhs).

  • Real-time fund transfer across banks.

  • Especially beneficial for corporate and business customers needing immediate fund clearance.

 

IMPS (Immediate Payment Service)

  • Available 24x7, including Sundays and bank holidays.

  • Enables instant interbank fund transfer using mobile number & MMI or account number & IFSC.

  • Useful for urgent and low-to-mid value transactions.

 

📌 Benefits

  • Convenient fund transfer without visiting the branch.

  • Highly secure and RBI-regulated channels.

  • Multiple modes available: Mobile Banking, Net Banking, and Branch Assistance.

For more information or assistance, please visit your nearest branch of The Sardargunj Mercantile Co.Op. Bank Ltd.