ISO 9001:2000 certified bank
DSUB–PROGRESSIVE BANK

Being member of Real Time Gross Settlement System (RTGS), our Bank offers transfer of funds through RTGS. Our customers can have prompt, efficient, secure, economical and reliable transfer of funds from our bank to the beneficiary accounts with other member banks across the country and from remitter account in a particular member bank to the beneficiary account with our bank. Minimum stipulated transaction value for using this facility is Rs.200000/-. An electronic payment system in which payment instructions between our bank and other banks are processed and settled individually and on a real time basis for transaction value of Rs 2 lac and above.

Note: RTGS systems work on all days except on Sunday and national holidays across the states Beneficiary Information Required for transfer of funds

1. Account Number of the beneficiary.

2. Amount to be remitted.

3. Name of the beneficiary bank, branch and its IFSC.

4. Sender to receiver information, if any.

All these aim to provide convenient, efficient, and high quality banking experience to the customers, comparable to world class standards.