Do you know about RTGC? If you do not know, see the details here. Transactions in RTGS are processed continuously throughout the day. These services have been available 24 hours a day since last December 14th.
After logging in to the bank’s mobile apps, select the option to transfer funds through RTGS. Money can be transferred after that. It is very easy to send money in this way. Is there any processing fee for this? Or ..? When it comes to 2. There are no charges for inward transactions under this policy.
Outbound transactions ranging from Rs 2 lakh to Rs 5 lakh may be charged up to just Rs 24.5. Transactions exceeding Rs 5 lakh will be charged up to Rs 49.5. Details like amount to be remitted, debiting account number, beneficiary bank branch, receiving branch IFSC code, beneficiary name, account number are required.
Remittance can be initiated through internet banking without the need for bank check or demand draft. Transaction charges are very low. There is also legal protection for these transactions. There are no restrictions on the maximum amount that can be transferred. So it is best to send money through this.
