National Electronic Funds Transfer (NEFT)

  • National Electronic Funds Transfer (NEFT) is a nation-wide centralised payment system owned and operated by the Reserve Bank of India (RBI).
  • Our Bank Indian Financial System Code (IFSC) : IDIB0SGB001(all Zeros)
  • Any customer of a CBS Branch for any amount.
  • For non-customers NEFT is available against cash remittance up to 50000/-
  • Transfer of funds to any account in any bank branch enabled for NEFT within the same day.
  • Besides funds transfer, NEFT system can be used for a variety of transactions including payment of credit card dues to the card issuing banks, payment of loan EMI etc.
  • No limit for funds transfer
  • Funds transfer in secured manner
NEFT Timing
  • NEFT transactions can be initiated from any of the SGB branch anytime during business hours
Rates & Charges
  • For Inward Transactions : No Charges levied
  • For Outward Transactions: Please refer Service charges link on home page of our banks website.
How to apply ?
Please contact your nearest SGB branch for utilizing this facility.
Designed by Yaswanth Gupta Bondada & Raghav Vellore