To provide Bank's Customers with techno financial services at par with the national and private banks services like e-Transfer, RTGS and NEFT is being provided through which lacs of Cane Farmers are being paid and normal customers and businessmen are also using this facility for their fund transfers. The Bank will soon start Mobile Banking Services for its customers.

RTGS- Real Time Gross Settlement:-

This is a system where the processing of funds transfer instructions takes place at the time they are received (real time). Also the settlement of funds transfer instructions occurs individually on an instruction by instruction basis (gross settlement). RTGS is the fastest possible interbank money transfer facility available through secure banking channels in India.

NEFT- National Electronic Fund Transfer:-

This system of fund transfer operates on a Deferred Net Settlement basis. Fund transfer transactions are settled in batches as opposed to the continuous, individual settlement in RTGS. Presently, NEFT operates in hourly batches from 10.30 am to 5.00pm on week days and 10.30 am to 1.30 pm on Saturdays.

The above mentioned facilities are available to both Retail and Corporate Internet Banking users of Lakhimpur District Co-Opoerative Bank Ltd. (provided they have availed transaction rights).

(a) RTGS Time Varying Charges (R-41) w.e.f 1 October, 2011:-

Block Time varying Tariff payable to RBI based on time of setilement at Reserve Bank of India         Total Charges per Transaction (for Outwa rd Tra nsactions) 
  From  To Time Varying Ta riff ( Rs.)   
 1. 09:00 Hours  12:00 Hours No Charges  Rs 2.00 lacs to Rs 5.00 Lacs  28/-    
Above Rs 5.00 Lacs  56/-  
 2. After 72:00 Hours  15: 30 Hours     1/- Rs 2.00 lacs to Rs 5.00 Lacs  29/-   
Above Rs 5.00 Lacs  57/-  
 3. After 15:30 hours onwards (Customer Session is upto 16:30 hrs)    5/-   Rs 2.00 lacs to Rs 5.00 Lacs  33/-   
Above Rs 5.00 Lacs  61/ -



Charges per Transaction for Outward Transactions:- 
        Up to Rs 1.00 Lakh    6/-          
        Above Rs 1.00 Lacs to Rs 2.00 Lacs   17/-
        Above Rs 2.00 Lacs    28/-

Note:- Please contact your bank/branch or the receiver bank/branch or the Customer Facilitation Service center of the bank