RTGS/NEFT ONLINESBI - State Bank of India

RTGS –The acronym “RTGS” stands for Real Time Gross Settlement. The RTGS system facilitates transfer of funds from accounts in one bank to another on a “real time” and on “gross settlement” basis. The RTGS system is the fastest possible inter bank money transfer facility available through secure banking channels in India.

NEFT - The acronym “NEFT” stands for National Electronic Funds Transfer. Funds are transferred to the credit account with the other participating Bank using RBI's NEFT service. RBI acts as the service provider and transfers the credit to the other bank's account.

Minimum and Maximum Limit RTGS/NEFT transactions under Retail Internet Banking

RTGS - 2 Lakh (Min) to 5 Lakh (Max)
NEFT - No Limit (Min) to 5 Lakh (Max)

Minimum and Maximum Limit RTGS/NEFT transactions under Corporate Internet Banking

RTGS - 2 Lakh (Min) to No Limit (Max)
NEFT - No Limit (Min) to No Limit(Max)

For More Detail about NEFT/RTGS Click Here