Oriental Bank Of Commerce Opening Time

Hello sir I want to know the Batch Timings of National Electronic Funds Transfer (Neft) of Oriental Bank Of Commerce will you please provide me ??

[Shaleen]

As per your demand here I am proving you the details pertaining the National Electronic Funds Transfer (Neft)

Procedure for availing the facility

1) Customers have to submit a demand by filling up a form available in all CBS Branches along with the cheques /Debit instruction to the branch.

2) The customer has to inform the beneficiary account number, Name and IFSC code the Bank/ Branch where the funds are to be remitted.

3) NEFT transactions can be made for amounts inclusive of paisa module.

4) There is no upper worth limit for putting through an individual NEFT transaction.

5) IFSC (Indian Financial System Code) is an eleven digit code given to each branch of all banks which are participating in RTGS.

6) The list of the branches participating in NEFT is also available in RBI’s website

Batch Timings:-

Presently six settlements are carried out during the day by RBI i.e., at 9.30 AM, 10.30 AM, 12.00 PM 1.00 P.M., 3.00 P.M. and 4.00 P.M. except on Saturday when the last settlement is at 12.00 P.M.

The messages sent before the above batch timings shall be incorporated in the individual settlements or else they shall be included in the next batch/day.

Charges

The charges on NEFT Outward transaction are Re.1/- per thousand with Minimum of Rs.25/- and Maximum of Rs.1000/-.

The Service Tax shall be charged extra as per the existing rate.

These charges shall be levied by hand.

Customer Service Help Desk for NEFT

A dedicated Help Desk for handling NEFT related issues has been set up by the bank at the following address-

Oriental Bank Of Commerce
NEFT Service Centre
Service Branch
56-58 Mittal Chamber
Opp INOX
Nariman Point
Mumbai 400021

Telephone - Direct NEFT - 022-22886228
Fax 022-22840945
Email - neft@obc.co.in.