The Bank is providing NEFT/RTGS service under sub-membership of HDFC Bank Ltd having IFSC - HDFC0CSACBL. This is the fastest fund transfer service provided to the customers of the bank.
This method of fund transfer works on the basis of deferred net settlement. Fund transfer transactions are settled in batches against the active, individual settlement in RTGS. .
Real Time Gross Settlement is a system where funds transfer process is received (in real time). Also, the fund transfer instructions are done individually on the basis of settlement instructions (Gross Settlement).
RTGS is the fastest possible inter bank money transfer facility available through secure banking in India. Real-time transfer Fast settlement home settlement problem