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June 4th, 2016, 02:47 PM
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Join Date: Mar 2012
RTGS Form Of State Bank Of Hyderabad

Hello sir, I am Madhav. I want you to help me by giving me some information about the RTGS and NEFT form of service to transfer money offered by State Bank of Hyderabad. Can you help me?

As you have asked about the RTGS and NEFT form of service to transfer money offered by State Bank of Hyderabad, I am giving you information about it, check below for the details

RTGS is Real Time Gross Settlement


Instant Electronic Money Transfer to any a/c with any Bank in India
Secured & direct credit afforded to beneficiaries a/c at other Bank
Available for High value transactions of over `1.00 lac and over

Time of settlement at the Reserve Bank of India Charge per transaction for Outward Transactions (w.e.f:01.10.2011)

09:00 hours to 12:00 hours
`2.00 lakhs to `5.00 lakhs `25
Above `5.00 lakhs `50

After 12:00 hours to 15:30 hours (13.30 hours on Saturday hours) `
2.00 lakhs to `5.00 lakhs `26
Above `5.00 lakhs `51

After 15:30 hours to 16:30 hours ( on week days)
`2.00 lakhs to `5.00 lakhs `30
Above `5.00 lakhs `55

NEFT is National Electronic Fund Transfer.

Speedy Electronic Money Transfer to any a/c with any Bank in India
Secured & direct credit afforded to beneficiaries a/c at other Bank
Available for transfer of any amount and credit afforded to the beneficiary on the same day
Up to `100,000/- `6/-; Above 1 lac for any amount – Maximum `28/- only

Last edited by Neelurk; June 9th, 2020 at 09:06 AM.
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