RTGS (Real Time Gross Settlement)
- Real time gross settlement system(RTGS) system is a nationwide funds transfer system to facilitate transfer of funds from any bank branch to any other bank branch in real time.
- Above 2 lakhs RTGS
- Timings 09.30 AM to 04.00 PM
- The beneficiary gets the credit on real time or the next Day depending on the time of settlement.
- The essential information that the remitting customer has to furnish is Beneficiary details such as beneficiary name and account number. Name and IFSC of the beneficiary bank branch.
