National Electronic Funds Transfer (NEFT)
National Electronic Funds Transfer (NEFT) is a interbank funds transfer one bank account to another bank’s account. This facility is available at all branches of Odisha Grameen Bank. This is to inform all customers that individual IFSC codes are being assigned to all e-OGB branches as part of ongoing banking system enhancements. Effective Date: 30th August 2025 New IFSC can be found Here
Benefits:
Using this facility, individuals, firms and corporates can electronically transfer funds from any branch of OGB to any individual, firm or corporate having an account with any other bank branch in the country participating in the Scheme. Through NEFT both outward remittance and inward receipt can be done using IFSC and Account number.
For further details, contact the nearest Branch
Real Time Gross Settlement (RTGS)
Real Time Gross Settlement (RTGS) is the continuous (real-time) one to one settlement of interbank funds transfer. RTGS facility is available at all branches of OGB. Minimum amount for RTGS is 2 Lakhs can be sent to any other RTGS-enabled Bank’s customer account through this mode from any branch.
Benefits:
Using this facility, individuals, firms and corporates can electronically transfer funds from any branch of OGB to any individual, firm or corporate having an account with any other bank branch in the country participating in the Scheme. Through NEFT both outward remittance and inward receipt can be done using IFSC and Account number RTGS envisages interbank funds transfer in real time on all working days except Sundays and RTGS holidays within specified time. Both outward remittance and inward receipt of funds transfer can be done through RTGS using Account Number and IFSC.