RTGS (Real Time Gross settlement)
This is a system where the processing of funds transfer takes place at the time they are received from one bank to another, which is known as Real Time process. The settlement of funds transfer is done on one to one basis without gathering with any other transactions, which is known as Gross settlement. It is a fastest secure fund transfer mechanism available for interbank money transfer or funds channel in INDIA.
Our Bank offers funds transfer transaction through RTGS. Customers can use this service to have secure, economical and reliable transfer of funds across the INDIA. There is no limit of amount to transfer through this service, but the minimum amount criteria is of Rs.2 Lakh or above.
For transfer of funds Information required of Beneficiary
Name of the
beneficiary
Account Number of
the beneficiary
Name of the beneficiary bank,
branch and its IFSC
Amount to be
remitted
Sender to receiver information,
if any
RTGS Charges
| Particular | Charges (INR) |
| RTGS | Rs. 100 + GST 18% |
| Timings | |
| Monday to Saturday - 9.30 am to 5.00 pm | |
| Except 2nd - 4th Saturday and All Bank Holidays | |
