Free Download RTGS Form of State Bank of India

Can you tell me in detail about the RTGS (Real Time Gross Settlement) facility offered by SBI (State Bank of India) for its customers?

[KunwarR]

RTGS (Real Time Gross Settlement) is a system where the processing of funds transfer instructions takes place at the time they are received (real time). It is the fastest possible interbank money transfer facility available through secure banking channels in India.


RTGS State Bank of India


Minimum / Maximum amount for RTGS / NEFT transactions under Corporate Internet Banking

Type Minimum Maximum
RTGS Rs.2 Lakhs Rs.50 lakhs for Vyapaar and
Rs.2000 crores for Vistaar


Minimum / Maximum amount for RTGS / NEFT transactions under Retail Internet Banking

Type Minimum Maximum
RTGS Rs. 2 Lakhs Rs. 10 Lakhs


SBI RTGS Timings
Day Start Time End Time

Monday- Friday 08:00 16:30
Saturday (working) 08:00 14:00


SBI RTGS Charges

From To Transaction Slab Total Charges/ Transaction
(For Outward Transactions)

08:00 12:00 Rs. 2- 5 lakhs Rs. 25+ Service Tax
Above Rs. 5 lakhs Rs. 50+ Service Tax

After 12:00 15:30 Rs. 2- 5 lakhs Rs. 25+ Service Tax
Above Rs. 5 lakhs Rs. 50+ Service Tax

After 15:30 - 16:30 Rs. 2- 5 lakhs Rs. 25+ Service Tax

InterBank: 15:30 - 19:45 Above Rs. 5 lakhs Rs. 50+ Service Tax


RTGS remitter must provide the following:

Account holders Name
Name of the beneficiary
Senders account number
Amount to be transferred
Name of the beneficiary bank
IFSC code of the beneficiary bank
Mobile number of the payer and the payee