Working Hours Of HDFC Bank Hii sir, I Wants to Know the RTGS Transaction Timing of the HDFC Bank Will you Please Provide It ? |
Re: Working Hours Of HDFC Bank The RTGS (Real Time Gross Settlement) system is a funds transfer system that is able to provide continuous intra-day finality for individual transfers. In this system, payment instructions between banks are processed and settled individually and continuously throughout the day. Features Quicker settlement cycles Assured finality of settlement Intra Day Credit/Liquidity Reduced operational risk of fraud and loss of cheques Secure transactions Controlled flow of transactions Wider day time window for collections / payments Cuts across geographical boundaries Cuts across Inter Bank and Clearing House settlement issues Fees Transactions between Rs.1 lacs to 5 lacs Not Exceeding Rs. 25/- per Transaction Transactions above 5 lacs Not Exceeding Rs. 50/- per Transaction The Timing of the Real Time Gross Settlement Is given below Timing Days RBI cutoff Customer cutoff Mon-Fri 09:00 AM to 04:30 PM 03:20 PM Saturday 09:00 AM to 02:00 PM 12:20 PM |
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