UGB business sme

National Electronic Funds Transfer(NEFT)

Brief

  • National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Funds can be received / transferred to / from any Uttarakhand Gramin Bank accounts.
  • Using this facility, individuals, firms and corporates can electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country participating in the Scheme.

Process

  • Customer intending to initiate transfer of funds through NEFT has to fill an application form providing details of the beneficiary (like name of the beneficiary, name of the bank branch where the beneficiary has an account, IFSC of the beneficiary bank branch, account type and account number) and the amount to be remitted.
  • The application form will be available our bank’s website. Visit any of our branches, fill in the application form and submit the same to Bank.
  • Customers can also send Funds through NEFT using our Mobile Banking application –UGBmBanking.

NEFT Timing

  • Neft transactions can be initiated from any of the UGB branch anytime during Business hours.
  • Neft Settlement Timings : Presently, NEFT operates in half-hourly batches - there are Twenty Four settlements from 8 am to 7 pm on Monday to Satuday.

Rates & Charges

  • Click HERE for more details about interest rates& Service charges.
  • For more quries please contact to your nearest branch.