RTGS

RTGS (REAL TIME GROSS SETTLEMENT)

Features :

  1. 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.
  2. 2 lakh and Above RTGS
  3. The beneficiary gets the credit on real time depending on the time of settlement.
  4. 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.