RTGS (Real Time Gross Settlement)

Providing the Customers with the facility of RTGS fund transfer as a Direct member Bank.

Benefits of RTGS:

• Speed: Transactions are processed instantly.
• Security: The system is highly secure, reducing the risk of fraud.
• Finality: Once a transaction is processed, it cannot be reversed.
• Convenience: RTGS is available 24/7, 365 days a year.

How to use RTGS:

• Open an account: You must have a bank account to use RTGS.
• Fill the RTGS form: You need to fill the RTGS form with the beneficiary details, the amount to be transferred, and your bank details.
• Submit the form: You can submit the form online at your bank branch or through your net banking account.

Note

• There is a minimum transaction limit for RTGS, which is currently Rs 2 lakh.
• There is no maximum transaction limit for RTGS.
• RTGS is a fee-based service. The fee is charged by the bank.