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No bank account needed for payments via RTGS, NEFT now; here is how you will benefit
Wed, Apr 07, 2021
Good news for those who use online banking modes like the RTGS and NEFT for making payments. RBI has increased the ambit of the RTGS and NEFT payment modes to non-bank entities payment space including Prepaid Payment Instrument (PPI) issuers, Card Networks, White Label ATM (WLA) operators, Trade Receivables Discounting System (TReDS) platforms)
This Paytm payouts service now available to you - RTGS money transfer round the clock
Tue, Dec 15, 2020
Paytm payouts service: After the Reserve Bank of India (RBI) allowed 24*7 RTGS facility, Paytm on Tuesday launched its 24*7 RTGS service as part of its Payout service
RTGS 24x7: PROUD MOMENT for India! One of the few countries in the world to do so
Mon, Dec 14, 2020
The feature of positive confirmation for credit to beneficiary accounts is also available in RTGS.
RTGS 24x7: Launch date ANNOUNCED by RBI - Big proud moment for India! Check benefits of this system
Wed, Dec 09, 2020
It's a big proud moment for India as the Reserve Bank of India (RBI) has announced the date for the launching of RTGS 24x7.
RBI's important order on RTGS timings to come into effect from December 1 - What you must know
Sun, Nov 29, 2020
The Reserve Bank of India (RBI) has allowed 24/7 transfer of funds through Real-Time Gross Settlement (RTGS) round-the-clock from December1.
NEFT vs RTGS vs IMPS: Key differences, advantages, benefits of these payment systems you must know before making money transactions
Thu, Oct 22, 2020
NEFT vs RTGS vs IMPS: While making money transactions, users remain confused about which mode of transferring money is best suited for them.
RTGS service to be available 24X7 from December 2020
Fri, Oct 09, 2020
RBI on Friday said that Real Time Gross Settlement System (RTGS) will be made available round-the-clock from December 2020.
Big announcement by RBI! RTGS payments to be available 24x7: What it means for consumers
Fri, Oct 09, 2020
While the entire focus was on RBI's decision to keep the rates unchanged, Governor Shaktikanta Das made another major announcement - he has allowed Real Time Gross Settlement (RTGS) payment system to be made available round the clock from December 2020 to make online fund transfer smooth.
Banking alert! Bank service charges you should be aware of
Tue, Jan 07, 2020
NEFT and RTGS have been allowed free of cost for all Indian banks for its customers but not the IMPS. So, use IMPS only when it's necessary.
Big good news for savings accounts holders! Now, no charges on this service - Absolutely free!
Sat, Nov 09, 2019
In a big relief to banking customers, the Reserve Bank of India (RBI) has directed banks not to charge savings account holders for NEFT with effect from January 2020.
Money transfer on mind? RTGS timings revised by RBI; 5 things you might have missed
Thu, Aug 22, 2019
In another bid to promote digital transactions in the country, the Reserve Bank of India (RBI) has extended the customer transactions timing for Real Time Gross Settlement (RTGS) system by an hour.
SBI charges on IMPS, NEFT, RTGS waived off! Transactions free now! Big relief for users from this Digital India push
Fri, Jul 12, 2019
SBI charges on RTGS and NEFT for YONO, internet banking (INB) and mobile banking (MB) customers have been waived off from July 1, 2019.
No charges on NEFT, RTGS money transfers from today
Mon, Jul 01, 2019
Fund transfer through RTGS and NEFT systems have become cheaper from today after the Reserve Bank of India decided on its recent Monetary Policy Meet that it will not impose additional charges on such transactions.
Online Banking Customer? Your RTGS, NEFT transfers to get cheaper from tomorrow
Sun, Jun 30, 2019
Here's good news for online banking users. From tomorrow, fund transfer through RTGS and NEFT systems would become cheaper.
How free NEFT and RTGS will impact you, economy - 5 points
Mon, Jun 17, 2019
Come July 1, 2019, RTGS and NEFT transactions would become free!
RBI to waive all charges on RTGS, NEFT from July 1: How you are impacted
Wed, Jun 12, 2019
Following up on the announcement made on June 6 after the bi-monthly monetary policy review, the Reserve Bank of India on Tuesday evening announced that it will waive all charges on fund transfer through popular RTGS and NEFT systems from July 1.
SBI ONLINE: State Bank of India account holder? Fund transfer charges to know
Mon, Jun 10, 2019
The customers just have to know certain details like bank account number, bank IFSC code, and name for the online transaction to be done. Customers can transfer money to the account of any person with an account in the same bank or any other bank.
Free NEFT, RTGS to relief on ATM fee and charges: Here's when you may enjoy these
Fri, Jun 07, 2019
The Reserve Bank of India has woken up to the persistent demand of common men and the industry to reduce ATM transaction fee and charges.
Your RTGS transaction fees set to be free soon, but first see how much you pay to the bank
Fri, Jun 07, 2019
There will not be any RTGS fee imposed on your transactions soon. Apart from saving money for customers, this will boost transactions via this mode further.
Scrapping RTGS, NEFT charges to boost digital transactions: SBI Chairman, Rajnish Kumar
Thu, Jun 06, 2019
The traditional instant money transfer mode namely National Electronic Fund Transfer (NEFT) and Real Time Gross Settlement (RTGS) platforms will become more attractive further.