Jagran Josh Logo
  1. Home
  2. |  
  3. Bank Recruitment|  

Banking Term: RTGS

May 5, 2015 16:05 IST

    Banking Term: RTGS

    • Real time gross settlement is a fund transfer mechanism where transfer of money takes place from one bank to another on a real time and on gross basis.
    • This is the fastest possible money transfer system through the banking channel.
    • The RTGS system is primary for large value transaction.
    • The minimum amount is Rs. 1 Lakh and there is no upper ceiling for RTGS transaction while the minimum and maximum stipulation has been fixed for EFT and NEFT.

    DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

    Latest Videos

    Register to get FREE updates

      All Fields Mandatory
    • (Ex:9123456789)
    • Please Select Your Interest
    • Please specify

    • ajax-loader
    • A verifcation code has been sent to
      your mobile number

      Please enter the verification code below

    Newsletter Signup
    Follow us on
    This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK
    X

    Register to view Complete PDF