RTGS/NEFT

RTGS (Real Time Gross Settlement) : This is a system where the processing of funds transfer instructions takes place at the time they are received (real time). Also the settlement of funds transfer instructions occurs individually on an instruction by instruction basis (gross settlement). RTGS is the fastest possible interbank money transfer facility available through secure banking channels in India.

NEFT (National Electronic Fund Transfer) : This system of fund transfer operates on a Deferred Net Settlement basis. Fund transfer transactions are settled in batches as compared to the continuous, individual settlement in RTGS.

RTGS Charges
Day* Time Transaction Amount Charges#
Monday to Saturday 10:00 hrs. to 15:30 Hrs Above Rs. 2.00 Lacs to Rs. 5.00 Lacs

Above Rs. 5.00 Lacs

Rs. 25/-

Rs. 50/-

NEFT Charges
Day* Time Transaction Amount Charges#
Monday to Saturday 10:00 hrs. to 17:00 Hrs Upto Rs. 1.00 Lacs

Above Rs. 1.00 Lacs to Rs. 2.00 Lacs

Rs. 5/-

Rs. 10/-

# RTGS & NEFT Charges are excluding GST

* RTGS & NEFT will not be operated on 2nd and 4th Saturdays.

IFSC Code details for RTGS/NEFT
S. No BRANCH ADDRESS IFSC/MICR
1 Batla House 334-E, Batla House, Okhla, New Delhi-110025 Phone : 011-69019234, 26986616 IFSC : UTIB0SJCB01 MICR CODE: 110410002
2 Sarai Jullena G-3, SURYA PLAZA, K-185/2, Sarai Jullena, New Delhi-110025 Phone : 011-26324030, 011-40538942 IFSC : UTIB0SJCB02 MICR CODE: 110410003
3 Abul Fazal F-98, B/2, Abul Fazal Enclave New Delhi-110025 Phone : 011-46022336, 011-26971322 IFSC : UTIB0SJCB03 MICR CODE: 110410004
4 Madanpur Khadar H.No.C-624, Village Madanpur Khadar Extn. New Delhi-110076 Phone : 9311421693 IFSC : UTIB0SJCB04 MICR CODE: 110410005
5 Zakir Nagar 59-B, Zakir Nagar, Okhla, New Delhi-110025 Phone : 011-69019222, 011-26981135 IFSC : UTIB0SJCB05 MICR CODE: 110410006
6 Sangam Vihar H.No.15/10, Near Main Gate, Hamdard Public School, Sangam Vihar, New Delhi-110062 Phone : 011-71219807, 011-26041062 IFSC : UTIB0SJCB06 MICR CODE: 110410007
7 Jasola Village E-69, Lower Ground Floor, Jasola Village, New Delhi-110025. Phone : 011-26940683 IFSC : UTIB0SJCB07 MICR CODE: 110410008
8 Badarpur H.No. 7-A, Shakti Vihar, Main Tanki Road, Badarpur, New Delhi-110044. Phone : 011-68225151, 011-26660209 IFSC : UTIB0SJCB08 MICR CODE: 110410009
Download RTGS/NEFT application Forms.
Download RTGS/NEFT Terms & Conditions document.
Customers are requested to mention 15 Digit Account No. as below: (For Example if you have saving account no. 1234 at our Batla House Branch)
Branch Module Scheme Account No
0002 10 001 001234
Sample of your beneficiary account no. for RTGS/NEFT : 000210001001234