RTGS Limit

What is RTGS Limit?

Real Time Gross Settlement or RTGS is a fund transfer service operated and managed by the Reserve Bank of India (RBI). It is popular owing to its method of settling transfer requests on a gross or instruction by instruction basis instead of the common batch-clearing format. As a result, it allows the quick and hassle-free transfer of funds from one bank account to another. However, before initiating a transaction, you must be aware of the RTGS transaction limit. which would determine the minimum and maximum amounts you can transfer using the service. Also, you must ensure that you transact within the RTGS daily limit.

What is the RTGS Minimum and Maximum Limit?

RTGS, as a payment system, is designed for high-value transactions and has a minimum and maximum limit.

RTGS Minimum Limit: This refers to the minimum amount of money you must transfer to be eligible for RTGS. The minimum RTGS amount limit is ₹2 lakh.

RTGS Maximum Limit: This refers to the RTGS transaction upper limit. Your transaction amount should be within this set limit. The upper limit prescribed for RTGS transactions varies from bank to bank.

There might also be a daily limit set by individual banks to which you need to adhere to.

RTGS Transfer Limits Set by Top Indian Banks

The RTGS minimum and maximum limits vary from bank to bank. Therefore, it is wise to check the offline and online RTGS limit with your bank before initiating a transaction.

1) HDFC Bank RTGS Transaction Limit

2) Axis Bank RTGS Limit

3) State Bank of India RTGS Limit

Minimum and maximum Limit of RTGS for retail banking:

RTGS money transfer limit for corporate internet banking:

4) Citibank RTGS Limit

Apart from RTGS, you can also use IMPS or NEFT to transfer money from one account to another. The NEFT timings, NEFT transfer limit, and NEFT fees and charges will, however, be different from that of RTGS, and so will be the IMPS transfer limit and IMPS fees and charges. You can check out the difference between IMPS vs NEFT vs RTGS and select the mode that suits you best!