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 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.