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RTGS is now available 24x7: Here are its advantages

  1. The Real-Time Gross Settlement System (RTGS) is a type of transfer of funds from one bank to any other bank which is processed at the time it is received.
  2. No additional fees are charged for RTGS transactions.
  1. RTGS is now available 24x7 from Monday to Sunday.
  2. RTGS facilities can be availed online through mobile or internet banking or offline through the bank branch.
  1. The minimum amount that can be remitted through RTGS is Rs 2 lakh with no upper limit.
Also Read: New rule for cheque payments from January 1: Everything you need to know

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