logo Home | About Us | Recruitment | FAQs | Feedback | Inquiry | Sitemap | Contact Us
Toll Free Number: 1800 425 1515   
WCAG 2.0 compliant website  
+ हिंदी తెలుగు
 
Search
Corporate NRI MSME
Deposits Loans Cards DMAT Payments Insurance Mutual Funds
 Home »  Retail »  Payments  » Retail Rtgs
Font:- a | a | a
Payments
OLTAS
RTGS
NEFT
ECS
Advance Tax Payment
Western Union Money Transfer
CMS
Real Time Gross Settlement
 
 Real Time Gross Settlement


Real Time Gross Settlement (On line Funds Transfer to other banks)

 
 What is RTGS?


Real Time Gross Settlement System (RTGS) is a funds transfer mechanism where transfer of money takes place from one bank to another  on a real time basis. In other words, this is an electronic payment processing environment wherein transactions are settled as soon as they are processed.

 
 Who can avail this facility


Only customers of the branch where they are having Savings/Current Accounts

 
 In what way it is beneficial to the Customers


Customer can remit funds to the account of another RTGS enabled bank branch
The funds are transferred instantaneously at nominal charges

 
  Min Amount for Transfer


Rs 2.0 lakhs

 
 Max Amount for Transfer


No Limit

 
 Charges

RTGS Transaction Service Charges
Inward Transaction Free
Outward Transaction From Rs.2.00 lakhs
Upto Rs.5 lakhs
Above Rs.5 lakhs
Between 9.00 hrs to 12 hrs Rs. 25.00 Rs. 50.00
After 12.00 hrs to 15.30 hrs Rs. 26.00 Rs. 51.00
After 15.30 hrs Rs. 30.00 Rs. 55.00
 
 What the customer must have for remittance


IFSC of the bank branch to which the remittance to be made (IFSC is 11 characters code)
Beneficiary account number, Name and Address (to whom the remittance is intended to )
Approach the branch with the above details

 
 How to get the IFSC of the branch
  • It is available on the cheque leaf supplied by the bank
  • Can also get from the branch
 
 What is the time frame for reaching the funds at the other end


Instantaneous

 
Cut off time for remittance through RTGS


Monday to Friday : 0900 hrs to 1600 hrs
Saturday            :    0900 hrs to 1330 hrs
RTGS works on all days except on Sundays and National Holidays

 
Important - Account Number


Outward :
While remitting the funds, Account Number of the beneficiary is to be mentioned correctly in the voucher (to whom the remittance is intended to ).
Inward : While seeking remittance from other bank Customers it is mandatory to quote your 15 Digit Finacle Account Number compulsorily.

 
Helpline


For further details and redressal of RTGS complaints, please contact at following address:
Andhra Bank, Service Centre,
11, Homi Modi Street, Bansilal Building
Fort, MUMBAI 400 001
Phone : 022-22610228/22610106
email: neftcell@andhrabank.co.in

 
Click here  for RTGS enabled branches

 

Customer Corner
Upset / Complaint / Grievance
  Online Services
Img PrePaid Card - Customer self care portalImg
Img Internet Banking
Img Online Tax PaymentImg
Img Andhra Bank Credit Card Bill payment through Bill DeskImg
Img Tax payment thru ATMImg
Img AB BillPay Img
Img AB Online Shoppe Img
Img Mobile Banking mPAY
Img Immediate Payment ServiceImg
Img AADHAAR SEEDINGImg
Img SMS Banking
Img Online - Trading
Img AB Lock Box Facility
Img IndiaFirst Online Services
Img e-rail Ticketing
Img Tele - Banking
Img Religious Offering
Img Verified by Visa / 3d Secure Code
   Security alerts & Tips
   Anti Phishing
Please do not disclose your
NetBanking Login and Img
Password to anyone. More..
News & Events

As per RBI guidelines w.e.f.,01-November-2014 the number of free ATM transactions (inclusive of both financial and non-financial transactions) for savings bank account customers at other bank’s ATMs is reduced from the present five to THREE transactions per month for transactions carried out at the ATMs located in six metro centers viz., Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad. However the free transactions (inclusive of both financial and non-financial transactions) carried out in other Bank ATMs at the six metro centers and other locations together, would continue to remain at FIVE.

Waiver of processing charges in Housing Loans, Car Loans, Two wheeler loans, Consumer durables, Clean Loans for the festive season from 25.09.2014 to 31.12.2014

The existing customer grievance redressal mechanism would also cover the complaints relating to outsourcing

Use your Visa Debit Card for shopping in POS/Online within 3 months of card issuance & get 5% Cash back. Offer applicable to cards issued after December 2013,T&C Apply

AS A PART OF RISK MITIGATION MEASURE, DEBIT CARDS ISSUED AFTER 30-11-2013 ARE ENABLED FOR DOMESTIC TXNS ONLY. FOR FURTHER DETAILS PLEASE CONTACT OUR BRANCH.

You can now donate to Shri Saibaba Sansthan Trust, Shirdi through IMPS-Mobile Banking.

Presentation to Analysts

Our Total Income during 12M of FY’12-13 increased to Rs. 13,957 Crore, recording a growth of 14.4%.

Form 15G/15H has to be submitted afresh at the beginning of each financial year to avail exemption/concession in TDS. Quoting of PAN is mandatory for availing such exemptions/concessions.

All our Banks’ cheques are “payable at par henceforth. We request all our customers to surrender their old cheque books at their account branch and obtain CTS 2010 Standard Cheque books immediately.

We request all our customers who have issued postdated cheques for repayment of loan installments for loans availed by them to replace the old PDCs with new CTS 2010 Standard cheques.

Online Grievance Redressal System with Tracking

Online Applications for MSME and Retail Loans

Online Donations to charitable institutions through net banking

Online resetting of Internet Banking Login Password

Interbank transfer of Funds through Mobile Banking using IFSC code

As per RBI mandate, cash retraction facility is discontinued from our ATMs. Do not forget to collect cash before leaving ATM room.

Any customer could walk in to deposit money in any branch of the bank if the account is in any other branch of the bank to which he wants to deposit the money and there will be no charges on this for any amount

Fictitious Offers of Cheap funds from abroad - Awareness Campaign - List of Nodal Agency (Cyber Crime Cell / Economic Offence Wing)

Complain to Local Police/Cyber Crime Authorities against Fictitious Offers of Money from Abroad

PPF and SCSS schemes

Do Not fall Prey to Fictitious Offers of Funds Transfer

Bulletin
  Awards & Rewards | Regulatory Disclosures Section | Bulletin | DNCR | Miscellaneous  | Holidays List | Photo Gallery | Press Release | Webcast Disclaimer 
2011, Andhra Bank. All Rights Reserved. Site Visited By :    77457485  
     
    chic logo