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E-mail: sabarbank@rediffmail.com

RTGS and NEFT Facility

RTGS and NEFT Facility

  • Real Time Gross Settlement/National Electronic Fund Transfer Facility available to the customer of the bank. By this facility customer can transfer his/her balance through out India of any Banks, which is member of RTGS/NEFT.
  • 'Real Time' means the processing of instructions at the time they are received rather than at some later time.'Gross Settlement' means the settlement of funds transfer instructions occurs individually (on an instruction by instruction basis).
  • Considering that the funds settlement takes place in the books of the Reserve Bank of India, the payments are final and irrevocable.
  • The Sabarkantha District Central Cooperative Bank Himatnagar running on CBS Platform since 2013.
  • For Better Facilities for our valuable customers, we have started RTGS and NIFT facility in all branches of our Bank under the membership of The Gujarat State Cooperative Bank, Ahmedabad.
  • The IFSC Code of our Bank is: GSCBOSKB001.
  •   Download RTGS Form.