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Remittance Facility


NEFT : NEFT is an Information Technology enabled remittance service through which the customers of our Bank will be able to transfer funds from their account with Utkal Grameen Bank to an account with any other Commercial Bank or RRB in India, which have implemented the NEFT System. Similarly, they will also be able to receive funds into an account with any Branch of Utkal Grameen Bank, from an account with any other Bank, which have the NEFT system in place.

 

The rate of commission to be charged are as follows(w.e.f. 11.03.2020) :

                  SLAB

CHARGES

           UPTO RS. 10000         

Rs. 2 plus GST

           FROM  RS 10000  UPTO 1 LAC 

Rs. 4 plus GST

           FROM  RS 1 LAC  UPTO 2 LAC 

Rs. 12 plus GST

           ABOVE RS 2 LAC

Rs. 20 plus GST

 

RTGS: RTGS is  An electronic payment system in which payment instructions between banks are processed and settled individually and continuously, on a real time basis, throughout the day. This facility available for transaction value of Rs.2.00 lacs and above.

The rate of commission to be charged are as follows (w.e.f. 11.03.2020)  :

                  SLAB

CHARGES

           FROM  RS 2 LAC  UPTO 5 LAC 

Rs. 20 plus GST

           ABOVE RS 5 LAC

Rs. 40 plus GST

 

Information Required for transfer of Funds

  • Amount to be remitted
  • Account no. to be debited
  • Name of the beneficiary bank
  • Name of the beneficiary customer
  • Account no. of the beneficiary customer
  • Sender to receiver information, if any
  • IFSC code of the receiving branch.

 

Rate of Interest - Loans ?

Rate of Interest - Deposits ?

NTG Finance ?

Contact

06652 232285
chairman.ugb@gmail.com