RTGS/NEFT definition

RTGS/NEFT means the Real Time Gross Settlement System and Net Electronic Fund Transfer of RBI. Words or expressions used in these Terms and Conditions, but not specifically defined herein shall have the respective meanings assigned to them by Sundarlal Sawji Urban Co-op Bank Ltd., Jintur or RBI from time to time.

Examples of RTGS/NEFT in a sentence

  • In case any payment is made by the Allottee to the Promoter through RTGS/NEFT or any other online mode, the Allottee shall forthwith intimate to the Promoter in writing about the payment so made with proof of such payment.

  • Thanking you For (Autorised Signatory) We confirm that we are enabled for receiving RTGS/NEFT credits and we further confirm that the account number of ( Please mention here name of the account holder), the signature of the authorised signatory and the MICR and IFSC Codes of our branch mentioned above are correct.

  • In case of PBG payment through RTGS/NEFT, bidder must mention “ PXXX-Bidder name” in transaction description while making the payment.

  • The monthly fee mentioned above is free and clear of all deductions and payable in advance on or before the 10th day of each and every calendar month during the whole said term thru RTGS/NEFT in LICENSOR’ Bank account as advised by the LICENSOR.

  • The Operator or its sub-contractor shall have to make payment to the driver's bank account through RTGS/NEFT mode only.

  • The screen shots/proof of the payment made through RTGS/NEFT shall be attached with the tender document and the same should be placed in the First Cover “Eligibility-cum-Technical Bid”.

  • Tenders should be accompanied by EMD in the form of RTGS/NEFT (Bank account no.

  • RTGS/NEFT in case of off-line payment through bank accounts in any Bank approved by RBI in India.

  • The supplier should give their RTGS/NEFT details along with the invoices.

  • The EMD must be deposited in the bank account detailed in the NIT through online mode only i.e. through RTGS/NEFT etc.

Related to RTGS/NEFT

  • National Pollutant Discharge Elimination System Permit or “NPDES” means a permit issued by the MPCA as required by federal law for the purpose of regulating the discharge of pollutants from point sources into waters of the United States from concentrated animal feeding operations (CAFOs) as defined by federal law