For transferring higher amounts, the option RTGS is suitable. The beneficiary can be credited at the end of the transaction in real-time in a single batch. Up to a sum of 2 lakh can be transferred in a single cycle via RTGS!
NEFT is a commonly used electronic money transaction method without withdrawing cash. The transfer can occur via accounts of the same branch or on different branches in different batches.
Cash withdrawals around the clock can be done by locating your nearest ATM. You need your ATM card issued by the bank to use the ATM machine which is secured a password.
To enable cash withdrawal from ATMs, you require an ATM Debit Card which is issued by your bank based on your account. The withdrawal limit depends on the type of account you get started with
Online shopping and other online transactions can be done at any place without the use of cash in hand. Point of Sale bridges your buy/sell Ecommerce process without losing money and cash gets credited/debited instantly
Bringing the payment process to a single-channel by the Government of India has implemented the use of Adhar Number in transactions. It is guaranteed to save time, reduce bank visits and remove mediatory agents.
Valuable assets such as gold, various documents and other precious items need an improved level of security which bank lockers offer. Having multiple locks, these lockers can be opened only with presence of the user and the bank.