RTGS and NEFT

Patsanstha-1 07-Mar-2022

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RTGS and NEFT

“RTGS" stands for Real-Time Gross Settlement. RTGS System is a fund transfer mechanism, where the transfer of money takes place from one bank to another. Customers can transfer amounts from their account to anybody’s bank account in other RTGS enabled banks to branch anywhere in India.

Through RTGS one can remit an amount of 2 lacs and above.
Through NEFT one can remit any amount

IFSC Code List -

Branch	IFSC Code	MICR Code
Ganesh Peth	VSBL0000099	411335005
Fursungi	VSBL0000002	411335004
Market Yard	VSBL0000003	411335006
Dhankawadi	VSBL0000004	411335003
Baner Road	VSBL0000005	411335002
Yamunanagar	VSBL0000006	411335007
Paud Road	VSBL0000007	411335008
Barshi	VSBL0000008	413335201
Sinhagad Road	VSBL0000010	411335010
Erandawane	VSBL0000011	411335011
Somwar Peth	VSBL0000012	411335012
Budhwar Peth	VSBL0000013	411335013
Bhosari	VSBL0000014	411335014
Nagar Road	VSBL0000015	411335015
Nipani, Karnataka	VSBL0000016	591335002
Warje, Pune	VSBL0000018	411335016
Chakan, Pune	VSBL0000019	411335017
Vijayanagar	VSBL0000009	411335009
Pimpale Saudagar	VSBL0000020	411335018
Vishrantwadi	VSBL0000021	411335019
Kolhapur	VSBL0000022	416335025
Vashi- Turbhe	VSBL0000023	400065253
Satara	VSBL0000024	415335001
Shivajinagar	VSBL0000026	411335020
Chinchwad	VSBL0000027	411335021
Sangli	VSBL0000028	416335151
Belgavi	VSBL0000029	590335002
Ichalkaranji	VSBL0000030	416335003
Head Office	VSBL0000001	411335001

Procedure -

The customer has to submit his application in the prescribed format. Application forms are available in all branches. The customer has to submit the application within the following timings.

Timings for RTGS : ( 2nd & 4th Sat - Holiday)

Monday to Sat - 10.00 am to 4.00 pm

Timings for NEFT : ( 2nd & 4th Sat - Holiday)

Monday to Sat - 10.00 am To 5.00 pm