RTGS / NEFT

RTGS

Real Time Gross Settlement for high-value, real-time transfers.

  • Settlement: real-time
  • Minimum: ₹2,00,000
  • Availability: 24x7x365

NEFT

National Electronic Funds Transfer for batch-processed transfers.

  • Settlement: half-hourly batches
  • Minimum: no minimum
  • Availability: 24x7x365

RTGS / NEFT Transaction Limits

Channel Description Min/Txn Max/Txn Max/Day Max/Month Availability
NEFT Through Mobile App 1.00 2,00,000.00 30,00,000.00 5,00,000.00 00:00 to 24.00 24X7
RTGS Through Mobile App 1.00 100.00 25,000.00 7,50,000.00 00:00 to 24.00 24X7

How to Initiate a Transfer

1

Collect Details

Get beneficiary name, account number, IFSC code, and bank name.

2

Visit Branch / Use App

Use branch-assisted transfer or mobile banking.

3

Submit & Verify

Confirm amount, details, and transaction type.

4

Confirmation

Receive the UTR number as confirmation.