NEFT - RTGS
DIRECT NEFT/RTGS FACILITY WITH OUR IFSC
RTGS- Real Time Gross Settlement
This is a system where the processing of funds transfer instructions takes place at the time they are received (real time). Also the settlement of funds transfer instructions occurs individually on an instruction by instruction basis (gross settlement). RTGS is the fastest possible interbank money transfer facility available through secure banking channels in India.
NEFT- National Electronic Fund Transfer
This system of fund transfer operates on a Deferred Net Settlement basis (Batch wise). Fund transfer transactions are settled in batches as opposed to the continuous, individual settlement in RTGS.
Features of RTGS:
IFSC and MICR Codes of 'Sanmitra Mahila Sahakari Bank Ltd.' as follows:
Branch Name | IFSC Code | MICR Code |
---|---|---|
Head Office | ICIC00SMNSB | 442811102 |
Main Branch | ICIC00SMNSB | 442811102 |
Mul Branch | ICIC00SMNSB | 442811501 |
Nagbhir Branch | ICIC00SMNSB | 442811502 |
Rajura Branch | ICIC00SMNSB | 442811503 |
Korpana Branch | ICIC00SMNSB | 442811504 |
Pombhurna Branch | ICIC00SMNSB | 441811103 |
Ramnagar Branch - Chandrapur | ICIC00SMNSB | 442811104 |