RTGS (Real-Time Gross Settlement)
- Real-time gross settlement(RTGS) system is an instant funds transfer systems where the transfer of money takes place from one Bank Account to any other Bank Account on a “real-time” and on a “gross” basis.
- The RTGS system is primarily meant for large value transactions. The minimum amount to be remitted through RTGS is Rs 2 lakh.
- Customers may approach our Branches for utilizing this facility.