The acronym 'RTGS' stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds individually and is the fastest possible money transfer system through the banking channel. RTGS is an inter-bank funds transfer system that makes transactions in ‘real time’.

National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Under this Scheme, individuals can electronically transfer funds from any bank branch to any individual having an account with any other bank branch.

NEFT Charges

S. NO.	AMOUNT	CHARGES
1	Upto 10,000	2/-
2	10,001 to 1,00,000	4/-
3	1,00,001 to 2,00,000	14/-
4	2,00,001 And Above	24/-

RTGS Charges

S. NO.	AMOUNT	CHARGES
1	2,00,001 to 10,00,000	20/-
2	10,00,001 And Above	40/-