Overview
Basis RBI guideline, Real Time Gross Settlement (RTGS) facility has been made available for you 24x7, w.e.f. 14 Dec 2020. You can initiate RTGS transactions at our branches and using our digital banking channels IndusNet (Retail Internet Banking Portal) & IndusDirect (Corporate Internet Banking portal)
Benefits of RTGS
- Safe and secure: RTGS is maintained by the Reserve Bank of India. It is a risk-free and secure method for transferring funds.
- Speed: Since transactions are carried out on a real-time basis, there is no room for delay.
- Convenient: You can transfer funds online using digital banking channels or offline by visiting a branch and submitting an RTGS form.
Limits
- IndusNet: Transaction limit is INR 10 lac for individual customers & INR 25 lacs for non-individual customers
- IndusDirect: Standard permitted limits is cumulative + Per Txn Limit of INR 25 Lacs
Requirements for RTGS transaction
To initiate an RTGS Transaction, you need the following:
- The amount that needs to be transferred
- Name of the beneficiary/payee
- Name of the bank of the beneficiary/payee
- IFSC code of the payee/beneficiary
- Account number of the payee/beneficiary
Channels
- Branch: Download the RTGS Form. Fill necessary details and submit it to your branch
- Online: Visit our Internet Banking portal (IndusNet) or Corporate Internet Banking Portal (IndusDirect) to initiate RTGS transactions
Assistance
For assistance
- Visit your nearest branch or contact your Relationship Manager
- Call 18602677777 or write to us at reachus@indusind.com or corporatecare@indusind.com