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Real Time Gross Settlement (RTGS) Timings

The procedure of NEFT and Real Time Gross Settlement (RTGS) has made the life simpler and it makes sense to know the timings of RTGS to get the amount credited to correct time and by due date. The money will reach the Beneficiary's Bank within the time stipulated by RBI. Once the transactions are presented to RBI, they typically get credited into the Beneficiary Account on the same day.

It is important to note that Real Time Gross Settlement (RTGS) funds transfer request can be made only from 9 a.m to 3.30 p.m.from Monday to Friday and from 9 a.m. to 12.30 p.m.

It is also important to note that there will be no RTGS transactions on Saturday, Bank holidays and Sundays.

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