1.

Is There Any Minimum / Maximum Amount Stipulation For Rtgs Transactions?

Answer»

The RTGS system is primarily for large value transactions. The MINIMUM amount to be remitted through RTGS is Rs.1 lakh. There is no upper ceiling for RTGS transactions. No minimum or maximum STIPULATION has been FIXED for EFT and NEFT transactions.

The RTGS system is primarily for large value transactions. The minimum amount to be remitted through RTGS is Rs.1 lakh. There is no upper ceiling for RTGS transactions. No minimum or maximum stipulation has been fixed for EFT and NEFT transactions.



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