- 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 RGTS
- Timings 10 AM TO 6 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. (As per RTGS/NEFT application form)
Details Required for Transfer
To initiate an RTGS transfer, you will need the following details of the beneficiary:
- Beneficiary Name
- Bank Name and Branch Name
- Account Number
- IFSC (Indian Financial System Code)
- One Cheque of our Bank
- Application form
