Recharge
Pay Bills
Fee Collections
Pay Taxes
Net Banking
J&K bank offers Real Time Gross Settlement (RTGS) payments and collections as a speedy, convenient, cost-efficient and secure method to move large value funds across the country. This offering is based on Reserve Bank of India's (RBI) RTGS payment system.
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RTGS is applicable for payouts in excess of
200,000 -
Smooth, safe and fastest mode of transferring money across the banks in India
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RBI's RTGS guidelines require the beneficiary bank to credit the beneficiary's account or return the funds, within a maximum time of 2 hours
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RTGS is an effective collections mechanism as funds from across the country can be collected & credited to your account on the same day
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An efficient mechanism for outstation payments and collections. Payments can be made to or received from across the country on a same-day basis
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Efficient working capital management by enabling negotiation of better terms with suppliers & by facilitating speedy collection of funds
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Simplifies account reconciliation due to predictability of funds flow
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Savings of time and cost involved in physical dispatch of cheques to beneficiaries, deposits of cheques by beneficiaries with their banks & clearing of these cheques
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Reduced chances of frauds typically associated with paper-based payments
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The For charges please refer Service Charges Schedule.
J&K Bank offers National Electronic Fund Transfer (NEFT) payments as a speedy, convenient, cost-efficient and secure mechanism to move funds across the country. This offering is based on RBI's NEFT system.
- BI's NEFT guidelines mandate the beneficiary bank to credit the beneficiary's account or return the funds, within the same day for transactions processed before a stipulated cut-off time
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Smooth, safe and fastest mode of transferring money across the banks in India
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There is no floor or cap on the amount of transfer in NEFT, means you can transfer from an amount as small as one rupee to any amount
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NEFT is an effective collections mechanism as funds from across the country can be collected & credited to your account on the same day
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Efficient mechanism for outstation payments and collections. Payments can be made to or received from across the country on a same-day basis
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Over 1,00,000+ bank branches participate in NEFT (as on Feb 2014)
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Efficient working capital management by enabling negotiation of better terms with suppliers and by facilitating speedy collection of funds
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Simplifies account reconciliation due to predictability of fund flow
-
Savings of time and cost involved in physical dispatch of cheques to beneficiaries, deposits of cheques by beneficiaries with their banks & clearing of these cheques
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Reduces chances of frauds typically associated with paper-based payments
- For charges please refer Service Charges Schedule.
NEFT Back Office Operations,
Ground Floor, J&K Bank,
Corporate Head Quarters,
M A Road, Srinagar J&K 190001
EPBAX Numbers: (+91- 0194) 2481930-2481935 Ext 1045, 1046
Direct: +91-8803001937
Email: NEFTServices@jkbmail.com; neft@jkbmail.com
Click here to view RBI CUSTOMER FACILITATION CENTRE -NEFT