Third Party Funds Transfer (Real Time Transaction)

We offer you the option to transfer funds from your account to that of a third party, as long as the beneficiary has an account at any of our branches across India. This is a Real Time transaction and the debit and credit will reflect in the respective accounts immediately. There is no charge for this facility

You can transfer upto Rs. 10,00,000/ per transaction using this facility.

You can conduct the following transactions:

Add Beneficiary Details

Before you transfer funds to a third party, the account number of the beneficiary need to be added. The only mandatory field is the account number.

Modify Beneficiary Details

You can modify the details of a beneficiary by following these simple steps.

Select the beneficiary account from the drop down menu. The beneficiary details and e-mail ID will appear in a text box and the details can be modified.

Note: You will not be able to modify the account number of the beneficiary. If you require doing so, please delete the beneficiary and start all over again.

Delete Beneficiary Details

You can delete the details of a beneficiary by following these simple steps:

Select the beneficiary account from the menu. The beneficiary details and E-mail ID will appear. Click on the "Submit" button to delete the beneficiary details.

You will receive a prompt asking whether you want to confirm or cancel the transaction. Select one of the options to complete the transaction

Inquire Beneficiary Details

To check the details of a beneficiary, please make a selection from the menu.

Execute Funds Transfer

Online funds transfer requests are executed on a real-time basis. To transfer funds from your account/s to the selected beneficiary account/s, please follow these simple steps:

In the "Select Remitter Account No." column, choose the account from which you would like the transfer to be made. In the column titled "Select Beneficiary Account No." select the account details of the party to whom you would like to transfer funds.

In the "Transfer Description" column, enter the details of the transaction (such as the purpose for which the transfer was conducted). This is for your future reference.

In the "Transfer Amount" column, enter the exact amount that you would like to transfer to the beneficiary.

Upon submitting this information, the details of the beneficiary account(s) to which you would like to transfer funds will be displayed. You will be asked to confirm or cancel the transaction. Select one of the options to continue.

Note: You may transfer funds to multiple beneficiaries from a single account. Click on the "Submit" button after you have entered the transfer details of all the beneficiaries.

Disable Third Party Transfers

Use this option if you don't want to continue using this facility. Your request will be executed online.

However, if you wish to reactivate this service, you have to register again by downloading the form and depositing it at any of our branches.