Corporation Bank NEFT/RTGS/IMPS Charges & Timings

Corporation Bank is a public-sector bank in India. It was established on 12th March, 1906. It has a total of 4724 branches along with millions of happy customers. The bank has a total of 2440 CBS branches along with 3000+ ATMs. The headquarter is situated in Mangalore, Karnataka. Corporation Bank provides NEFT, RTGS and IMPS facilities by which customers easily transfer their money to others.

Timings

For RTGS- Customer Payment System: Monday to Saturday from 8 am to 4.30 pm.

InterBank Payment System: Monday to Saturday from 8 am to 8 pm.

For NEFT: Monday to Saturday from 8 am to 7.00 pm

(Note that, second and fourth Saturday and Sunday are holidays)

NEFT and RTGS Charges

RTGS Charges (outward): For amount less than two lakhs, the service charge is zero. For the amount more than two lakhs and less than five lakhs rupees service charge depending on the time bands. From 8 am to 3.30 pm service charge is Rs 29, after 3.30 pm, the charge is rupees 35. For Rs. Five lakhs and above, service charge are Rs 57 (for 8.00 am to 3.30 pm) and 63 (after 3.30 pm and afterwards).

NEFT Charges (outward): For up to ten thousand rupees, service charge is Rs 2.50, for rupees 10,000 to one lakh transaction, the service charge is Rs 5. For above two lakhs, transaction charge is RS 25.

RTGS/ NEFT (Inward): There are no charges for Inward RTGS or NEFT transfer.

IMPS: For IMPS transfers, Service charge is Rs 5.

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