tdccbank@hotmail.com
Inter Bank Transfer enables electronic transfer of funds from the account of the remitter in one Bank to the account of the beneficiary maintained with any other Bank branch. There are two systems of Inter Bank Transfer – RTGS and NEFT. Both these systems are maintained by Reserve Bank of India.
This is a system where the processing of funds transfer instructions takes place at the time they are received (real time). Also the settlement of funds transfer instructions occurs individually on an instruction by instruction basis (gross settlement). RTGS is the fastest possible interbank money transfer facility available through secure banking channels in India.
This system of fund transfer operates on a Deferred Net Settlement basis. Fund transfer transactions are settled in batches as opposed to the continuous, individual settlement in RTGS. Presently, NEFT operates in half hourly batches. There will be 48 half-hourly batches every day.
0011400 ( Trichy District Central Cooperative Bank Trichy)
Mobile banking is an online banking service provided by banks to their existing customers to access their banking account for carrying out a myriad of transactions using a mobile device, including smartphone and tablet, whenever users are connected to the internet.
| Maximum amount Transfer for Mobile Banking | ||
|---|---|---|
| Type | Minimum Transaction Amount | Settlement |
| RTGS | Rs. 2 Lakhs | Under normal circumstances the beneficiary Bank branch receives the funds in real time as soon as funds are transferred by the remitting Bank. The beneficiary Bank has to credit the beneficiary’s account within two hours of receiving the funds transfer message. |
| NEFT | No Minimum | NEFT operates in half hourly batches. Currently there are 48 settlements on all days including holidays. Therefore, the beneficiary can expect to get the credit for the transactions on the same day. |
TNSC0011400
Transfer of amounts higher than Rs.2.00 lakh can be transferred through RTGS where as amounts lesser than Rs. 2.00 lakh can be transferred through NEFT.
| Name Of The Bank | September 23 | October 23 | Sep vs Oct GROWTH % Growth in No. of Transactions |
|---|---|---|---|
| Tiruchirapalli | 657 | 649 | -1.22 |
The charges stipulated by the Reserve Bank of India payable by the customers per RTGS / NEFT outward transactions are as follows:
| PLATFORM | DAYS | CUT OFF TIME |
|---|---|---|
| RTGS | Monday to Friday | 8.00 A.M to 4.00 P.M |
| RTGS | Saturday | 8.00 A.M to 1.30 P.M |
| NEFT | Monday to Friday | 8.00 A.M to 4.00 P.M |
| NEFT | Saturday | 8.00 A.M to 12.30 P.M |
| Name Of The Bank | September 23 | October 23 |
|---|---|---|
| Tiruchirapalli | 21,967 | 23,929 |
| Name Of The Bank | September 23 | October 23 | Sep vs Oct GROWTH % Growth in No. of Transactions |
|---|---|---|---|
| Tiruchirapalli | 21,967 | 23,929 | 8.93 |
