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NEFT & RTGS Services

Same-Day Settlement Network

Speed up your business transactions with Vaasudev Cooperative's express remittance facility. While traditional institutions process member payouts on a T+1 day settlement timeline, Vaasudev clears and settles all outward and inward NEFT & RTGS fund transfers on the **very same business day**.

This ensures that your business payments reach suppliers, employees, and partners without delays, keeping your operations fully dynamic and liquid.

Service Parameters

Compare NEFT and RTGS to choose the ideal transfer route:

Parameter NEFT RTGS
Processing Speed Same-Day Batch Same-Day Instant
Minimum Limit ₹1 ₹2,00,000
Ideal For Retail/Salary Payments Large Vendor Payouts

Why Transact Through Vaasudev?

Enjoy bank-grade safety, lightning speed, and absolute settlement reliability

Same-Day Processing

Transactions initiated before closing cut-off are cleared on the same day. Say goodbye to T+1 delayed clearances.

Yes Bank Banking Tie-Up

Processed through a direct, secure banking partnership with YES Bank, ensuring 100% compliance, liquidity, and reliability.

Bank-Grade Security

Protected by top-level encrypted communication protocols to ensure your capital remains safe throughout the route.

Instant SMS Alerts

Real-time SMS alerts sent to both sender and beneficiary upon successful transaction settlement.

Trusted Processing Channel

Enjoy institutional stability with direct national clearing banking tie-ups

Official Clearing Partner

To guarantee stability and standard compliance, all digital payment processing at Vaasudev Mutually Aided Cooperative is powered by our dedicated transaction tie-up with:

YES Bank Logo

*This secure tie-up enables us to offer direct RTGS/NEFT routing with zero intermediate delays.

How to Initiate a Transfer

  • Visit any Vaasudev Cooperative branch office during transaction hours.
  • Fill out the NEFT/RTGS remittance request slip.
  • Provide the beneficiary's Name, Account Number, Bank Name, and IFSC Code.
  • The transaction will clear on the very same day, with immediate SMS updates.