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What is RTGS?

Real Time Gross Settlement · रियल टाइम ग्रॉस सेटलमेंट

RBI's large-value instant settlement system with a ₹2 lakh minimum — the heavyweight rail.

RTGS settles each instruction individually and immediately in RBI's books — 'gross' meaning no netting against other transfers. It is reserved for serious money: the minimum ticket is ₹2 lakh with no upper limit.

Available 24×7 since December 2020, RTGS is what businesses use for property deals, high-value supplier payments, and statutory deposits where certainty and finality matter more than convenience. There is no VPA here — you need exact account number and IFSC.

RTGS: quick answers

Is there a maximum RTGS amount?

No upper limit — the ₹2 lakh minimum is the only size constraint.

Can RTGS fail or reverse?

Transfers are final. If details are wrong, recovery depends on the receiving bank's goodwill, so triple-check account numbers.

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