NEFT

Reserve bank of India has introduced a system called National Electronic Funds Transfer system (NEFT) through which fund transfer operation would take place among member bank and financial institutions. Our bank is one of the participants in the above system. Our bank is providing this service through our other banks.

Objective :
The objectives of the NEFT system are:
To relieve the stress on the existing paper based fund transfer and clearing system.

• Credit to Beneficiary’s Account on the same day/next day if remittance done late in the evening.
• Safest and secure Mode of Fund Transfer.
• No charges for inward and outward Remittance.
• Money can be put to use by beneficiary on the same day.

Eligibility :
Customers of Surat National Co-op. Bank Ltd can send/receive remittances under NEFT scheme to / from any destination Bank/ branch which is registered with RBI’s NEFT system.

Presently more than 1,48,000 branches of 216 member banks spread across the country are participate in NEFT.

Amount Of Remittance :
There is no ceiling of minimum and maximum amount of remittance/transaction.

Credit To Beneficiary’s Account :
Credit to the beneficiary Account will be given by Beneficiary’s bank branch on the same day and in case of holiday / after business hours, credit will be given on next business date.

Timings :
Weekdays: 10:00 AM TO 04:00 PM
Saturday: 10:00 AM TO 04:00 PM (Except 2nd, 4th saturday and public Holidays)

Please Contact Us :
Surat National Co-Operative Bank Ltd
3/4016, “Navnidhi”, Navapura Karwa road,
Surat-395003.

Telephone Numbers
Account Department
+91 261 6713027, 6713028
Email: accounts@suratnational.bank.in