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  #1  
30th December 2016, 10:00 AM
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RTGS Form Nainital Bank

I recently opened an account in the Nainital Bank Limited and want details about doing RTGS from this bank. Can you tell what the eligibility and other conditions for doing RTGS Form Nainital Bank along with schedule also tell is there any charges available for doing this?
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  #2  
30th December 2016, 10:37 AM
Super Moderator
 
Join Date: Aug 2012
Re: RTGS Form Nainital Bank

The Nainital Bank Limited was established in the year 1922 with the objective to cater banking needs of the people of the region.

Real Time Gross Settlement’, RTGS, is the fastest possible money transfer system through the banking channel.

Eligibility :

Nainital Bank offers instant remittance facility through RTGS to both corporate and individual customers for transfer of funds from their accounts with us to customers of other Bank branches

Benefits to Customers :

Transfer of funds on the same day

No physical loss or material changes while in transit

Fully secured

Better cash management

RTGS Schedule :

As per RBI, schedule of RTGS is as follows:
Day Start Time End Time
Monday to Friday 9:00 hrs 16:30 hrs
Saturday 9:00 hrs 13:30 hrs

Charges:

Name of Items
Outstation Outward Remittance
(Per transaction charges) Charge per transaction (Tax extra)
Rs.2 to 5 lacs Rs.25.00
Above Rs.5 lacs Rs.50.00

Contact:

Mr. R. C. Pandey (Sr. Manager)
The Nainital Bank Ltd.
Regional Office
33, Punchkuian Road
New Delhi - 110001
Ph No: (011) 23583041
e-mail: rtgshelpdesk@nainitalbank.co.in


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