JSCBL Services

Remittance

1).Real Time Gross Settlement System (RTGS)

RTGS is a more robust payment system enabling inter-bank fund transfers of above Rs. 2 Lac. Transfer of funds is attained by an instruction to the bank to transfer funds from your account to another account whereby settlement is done continuously. (simultaneously).

Eligibility

Savings Account, Current Account, OD Account holder

The attraction of this system

Strong Technological Support

A strong, dedicated and secure communication with INFINET- a state-of-the-art solution

Security

Payee bank and customer receive funds with certainty during the day

Instant service

Immediate credit with no time wasted

Liquidity

Sufficient intraday liquidity to cover their outgoing payments

Risk free

Transfer is instant and significantly reduces settlement risk

Reduces credit risk of the receiving participant as they settle the payment after it is accepted by the system

Hassle-free

Avoid cheque return, bounce and stop payment hassles

2).National Electronic funds transfer (NEFT)

Presently, all our branches are CBS-enabled to offer NEFT facility to our customers. This system facilitates an efficient, secure, economical, reliable and expeditious system to transfer funds below 2 Lakh. and clearing throughout India.

Eligibility

Savings Account, Current Account, CC / OD Account holder

Convenience at its best

Fund credited at the earliest to the beneficiary’s account

Savings

No courier / postal charges

For more details, please visit any of our branches to avail the instant interbank money transfer facility through RTGS / NEFT.