India has joined some of the countries in the world where Gross Settlement System ( RTGS ) facility is available 24 hours a day, seven days a week. RTGS is a fast transfer process. Through this system, you can transfer money from one bank account to another bank account. We are telling you about some of the benefits of RTGS.
- Money is transferred from one bank to another through RTGS. The process starts as soon as the money arrives in the account. This way, whoever has the money transferred gets it immediately.
- The RTGS facility was previously available from 7 a.m. to 6 p.m. It can be used on days other than Sunday with the second and fourth Saturdays. But now the facility is available 24 hours a day, seven days a week.
- The RTGS feature can be used as follows. 1- By mobile or internet banking. 2- You can also use RTGS by going to the bank.
- You can transfer at least Rs 2 lakh through RTGS. There is no maximum limit.
- Fees may be charged for RTGS transfer. Fees may vary from bank to bank. As per RBI rules, maximum charge is levied in case of debit transaction.
- Rs 2 lakh to 5 lakh: Not more than Rs 24.50 (excluding tax, if any)
- More than Rs 5 lakh: Not more than Rs 49.50 (excluding tax, if any)
No comments:
Post a Comment