The Akola Urban Co-operative Bank has introduced the RTGS / NEFT Funds Transfer Facility for our esteemed Customers. The general Guidelines for handling the transactions related to RTGS / NEFT are as follows.
All the RTGS / NEFT transactions will require a Valid Instrument i.e. Cheque.
The Transaction Time for RTGS/NEFT will be from 10:30 AM to 4:30 PM on working days.
Transactions below Rs.2,00,000/- (Rs. Two Lakh Only) will be in NEFT.
Transactions Above Rs.2,00,000/- (Rs. Two Lakh Only) will be in RTGS.
All other Terms & Conditions are mentioned on the overleaf of the RTGS / NEFT Application form.
All Incoming RTGS / NEFT will be automatically credited to Beneficiary Account and will be notified separately.
Sr. |
Amount |
Charges |
|---|---|---|
1 |
Upto Rs.10,000/- |
Rs.2/- |
2 |
Rs.10,001/- UptoRs. 1,00,000/- |
Rs.5/- + G.S.T. * |
3 |
Rs.1,00,001/- Upto Rs.2,00,000/- |
Rs. 10/- + G.S.T. * |
4 |
Rs.2,00,001/- upto Rs.5,00,000/- |
Rs.25/- + G.S.T.* |
5 |
Rs.5,00,001/- & Above |
Rs.50/- + G.S.T.* |
*Note: G.S.T. (Goods Service Tax) is as per current prevailing rate of 18% w.e.f. 01.07.2017, may vary accordingly.
The payment to the claimant will be made by the branch where the account exist; after thorough checking of the records by the branch official. If the payment has already been made, the claim by the customer may be rejected.