Rera Account
Features
- Net banking with only view facility available
- Auto transfer of clear balance in RCA as per mandate given by the account holder & balance to OA, will be done by system daily during end of day operation
- Collects single cheque/remittance from buyer in single collection account
- RERA Project account which they need to furnish to the state RERA authorities remains an exclusive and dedicated account
- RERA Plus account enables developer/builder to easily comply with RERA norms as the bank splits with collection proceeds on their behalf on the collection of itself