Saturday, March 25, 2017

RTGS/NEFT to remain open on all days from March 25, 2017 to April 1, 2017

              RTGS and NEFT are the two major Payment Systems in India. Reserve Bank of India, vide Notification No RBI/2016-17/257 DPSS.CO.CHD.No./2695/03.01.03/2016-17 dt. March 25, 2017, has informed to public at large that RTGS and NEFT would operate, as on a normal working day, during the period March 25 to April 1, 2017.

              It may be noted that RTGS and NEFT will function as usual on Saturday, Sunday and all holidays.

              Holidays between March 25, 2017 and April 1, 2017

March 25, 2017 – 4th Saturday

March 26, 2017 – Sunday

March 29, 2017 – Ugadi

April 1, 2017 – Annual closing of Reserve Bank of India Accounts

Besides, March 30 & 31, 2017 there will be extended working hours for the centralised payment systems viz., RTGS & NEFT. The extended timings have already been a advised to the respective member banks via a broadcast message. 

Please contact your banks Customers Care Centre for additional details.