Reserve Bank of India has introduced a system called The Reserve Bank of India National Electronic Funds Transfer System which may be referred to as NEFT System, for participating banks and institutions with the required system of computer and communication network through which funds transfer operation would take place. Our bank is one of the participants in the above system. Presently, our all the Service Outlets are enabled to offer NEFT facilities to their customers.
The objectives of the NEFT System are:
Twelve hourly settlements are carried out during the day by RBI, starting from 8 am to 7 pm from Monday to Saturday (except second and fourth saturday)
No Charges Prescribed for Inward NEFT.
For Outward Transactions-
Up to ₹1 lakh -NIL
Above ₹1 lakh to ₹2 lakhs - ₹10 (Plus Service Tax)per transaction.
Above ₹2 lakhs - ₹25 (Plus Service tax)per transaction
A dedicated Help Desk for handling NEFT related issues has been set up by the bank at the following address.
Oriental Bank Of Commerce
2nd Floor, Aman Chamber,
Opp New passport Office,
Veer Savarkar Marg,
Telephone - Direct NEFT - 022-43434690 , 022-43434691
|NEFT Customer Facilitation Centres(CFC)Directory of all the Banks attached file is in PDF Document Format||Download|