List of Banks in India with RTGS facility

How do I transfer money instantly between differently banks in India?

    There is a facility called Real Time Gross Settlement (RTGS) managed by Reserve Bank of India (RBI) with which the transfer of money is done in real time. RTGS transfer is different from NEFT, using NEFT the transfer funds takes one business day where as in RTGS funds will be credited within seconds into the beneficiaries account. But the minimum limit to transfer funds using RTGS is Rs 100000/- and there is no upper limit for the RTGS transactions.


    To get the list of branches enabled with RTGS please click here. This facility is applicable to the banks in India only.

There is a service change of:

• Rs 25/- per transaction of 1 lakh to 5 lakhs.
  
• Rs 50/- per transaction of 5 lakhs and above.
  

In case something goes wrong during the transaction, the respective branch shall be contacted. If still the issue is not solved then please communicate to the following address.

    The Chief General Manager,

Reserve Bank of India,

Customer Service Department,

1st Floor, Amar Building, Fort,

Mumbai – 400001.