RTGS Limit: How to Increase RTGS Per Day Transfer Limit?

RTGS limit refers to the minimum and maximum amount that can be transferred through the Real-Time Gross Settlement system, either per transaction or within a day. These RTGS limits vary based on the bank, account type, and transfer mode, helping manage high-value fund transfers securely.

Key Highlights

• Minimum Limit: RTGS transactions require a minimum amount of ₹2 lakh.
• Maximum Limit: No upper limit set by RBI; banks define their own caps.
• Per Day Limit: Varies based on bank, account type, and transfer mode.
• Use Case: Suitable for transferring large amounts securely and efficiently.
• Limit Increase: Can be requested through bank channels based on eligibility.

What is RTGS Limit?

RTGS limit defines the minimum and maximum amount that can be transferred through the RTGS system in a single transaction or within a day. These limits are set to regulate high-value transfers and vary based on the bank and account type.

What is RTGS Minimum Limit?

The minimum amount for an RTGS transaction is ₹2,00,000. It ensures the system is primarily used for high-value transfers, distinguishing it from other payment systems like NEFT, which handles smaller amounts. NEFT or IMPS are better alternatives for businesses and individuals requiring lower transfers.

What is RTGS Maximum Limit?

The RTGS maximum limit varies by bank and account type. While the RBI imposes no upper cap, most banks define their maximum RTGS limit per day. Online transfers may have stricter limits than branch-based transactions.

For personal accounts, the limit typically ranges from ₹10 lakhs to ₹50 lakhs daily (subject to the respective account holder's different banks). Corporate accounts may have limits in crores. 

How to Increase Per Day RTGS Limit?

The RTGS limit can be increased by submitting a request to the bank through available channels.

• Raise a Request: Apply through internet banking, mobile banking, or by visiting the branch
• Submit Details: Fill the limit enhancement form with the required information
• Provide Documents: Share ID proof and any additional documents if required
• Bank Review: The bank evaluates the request based on account profile and usage
• Limit Update: Once approved, the revised limit is activated for transactions

What is the RTGS Transfer Limit Set by Top Indian Banks?

The minimum and maximum RTGS limits vary from one bank to another. Here are the RTGS limits set by the top Indian banks:

i. HDFC Bank RTGS Transaction Limit

• HDFC Bank's RTGS amount transfer limits are structured to suit various needs. The minimum limit for RTGS transactions is ₹2,00,000.
• Online transactions through Internet or Mobile Banking are limited to ₹25 lakh per day.
• Branch-based RTGS transactions do not have an upper limit.

ii. Axis Bank RTGS Transaction Limit

• Working Hours: From 7:00 AM to 7:00 PM on banking days, transactions can be made up to the customer's approved limit.
• Off-Hours: Between 7:00 PM and 7:00 AM, on weekends, and bank holidays, transactions are capped at ₹1 crore per transfer.

iii. State Bank of India RTGS Transaction Limit

• Retail Banking: Transactions start at ₹2 lakh, with daily limits ranging from ₹10 lakh to ₹50 lakh, depending on the customer category.
• Corporate Internet Banking: 

Final Word

Knowing the RTGS transaction limits helps in planning smooth and efficient fund transfers. Customers requiring higher limits can request an increase from their bank.

Related Articles:
1. RTGS Charges
2. RTGS Timings
3. Differences between NEFT, RTGS and IMPS