RTGS
Instant High‑Value Transfers Across India
Send high-value payments(₹2 lakh and above) across India in real time — safely, directly, and without interruption.
What is RTGS?
RTGS (Real‑Time Gross Settlement) is India’s fastest and most secure system for transferring high‑value funds (₹2 lakh and above), operated directly by the Reserve Bank of India (RBI). It ensures immediate settlement of transactions on a one‑to‑one basis, without delays or batch processing.
High-value transfers, settled instantly
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Real‑Time Settlement
Funds are credited immediately — no waiting for batch processing.
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Secure & Encrypted Transfers
Your transactions are protected with advanced encryption technology, ensuring complete safety and confidentiality.
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Instant Payment Confirmation
Every successful transfer is followed by real‑time confirmation, ensuring immediate assurance that your funds have been credited.
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RBI Operated Payment System
RTGS is not just any payment system — it is operated directly by the Reserve Bank of India (RBI), giving every transfer the weight of institutional authority.
How to Initiate An RTGS Transfer
- 1Before visiting the branch, confirm the following details with your recipient: Beneficiary's full name, Beneficiary's account number, Beneficiary's bank name and branch, Beneficiary's IFSC Code, Transfer amount & Purpose of transfer
- 2Download and fill in the RTGS Instruction Form, or collect a physical copy at your branch. Double-check every detail — particularly the account number and IFSC code — before submission.
- 3Submit the completed form at your home branch along with your passbook or account number. The charges will be debited from your account at the time of processing. Retain your acknowledgement slip as proof of submission.
- 4Once the transfer is processed, confirm with the beneficiary that the funds have been received. In most cases, RTGS transfers are credited within 30 minutes.
Frequently Asked Questions
The minimum transfer amount for RTGS is ₹2,00,000 as mandated by the Reserve Bank of India. For transfers below this amount, use NEFT or IMPS — both of which have no minimum transfer limit.
RTGS transfers are settled in real time — meaning the RBI processes and settles them individually as they arrive. In most cases, the beneficiary's account is credited within 30 minutes of the transfer being processed by the sending bank. Branch-initiated transfers are subject to branch working hours.
RTGS transfers cannot be cancelled or reversed once they have been processed by the RBI's settlement system. If you have submitted an instruction with incorrect details, contact us immediately on 022-3501-3800. We will attempt to assist — but recovery of funds depends on the beneficiary bank's cooperation and is not guaranteed.
You need the beneficiary's full name as registered with their bank, their account number, their bank name and branch, and their IFSC code. The IFSC code is an 11-character alphanumeric code that identifies the specific bank branch. It is available on the beneficiary's cheque book, passbook, or their bank's website.
If an RTGS transfer is rejected — due to an incorrect account number, closed beneficiary account, or other reason — the funds are returned to your account. Return credit typically takes [X] working days. You will receive an SMS notification when the funds are credited back. Contact us if the refund is not received within this period.
No. As per RBI guidelines, inward RTGS transfers — funds received into your Hindusthan account — are completely free of charge. Charges apply only to outward transfers initiated from your account.
Yes. RTGS is widely used by businesses for high-value vendor payments, property transactions, bulk payroll disbursements above ₹2,00,000, and inter-company fund transfers. Corporate account holders with higher daily limits can contact their branch to discuss bulk transfer arrangements.
