"RTGS" stands for Real Time Gross Settlement. 2, 00,000 and above to any Bank/Account Anywhere in INDIA Real Time Gross Settlement System (RTGS) Transfer - any amount of Rs. Walk in customers can remit cash through NEFT from any of the RDC Branch Walk in customer remit can cash through NEFT :. The remitting customer can track the remitting transaction through the remitting branch only, as the remitting branch is informed about the status of the remitted transactions. Way of remitting customer can track the remittance transaction :. This system can be used only for remitting Indian Rupee among the participating banks within the country.
(Presently 0 appears in the fifth position) and remaining 6 characters to identify the branch. This is 11 digit code with first 4 characters representing the banks code, the next character reserved as control character Indian Financial System Code (IFSC) is an alpha numeric code designed to uniquely identify the bank-branches in India.
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