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

RTGS limit refers to the minimum and maximum amount you can transfer using the Real-Time Gross Settlement system in a single transaction or per day. The RTGS limit per day depends on the bank, account type, and mode of transfer (online or branch), ensuring secure processing of high-value funds.

Key Highlights

• Minimum RTGS Limit: Rs. 2,00,000 per transaction.
• Maximum RTGS Limit: Varies by bank and account type; personal accounts usually Rs. 10–50 lakh/day, corporate accounts can go up to crores.
• RTGS Limit Per Day: Depends on bank policies, online vs branch transfer, and account category.
• Increase RTGS Limit: Can be requested via branch, internet banking, or mobile app with identity verification.
• Top Bank Limits: HDFC & Axis Rs. 50 lakh/day (online), SBI Retail Rs. 10 lakh/day, SBI Corporate up to Rs. 2,000 crore/day.

What is RTGS Limit?

The Real Time Gross Settlement is a fund transfer process operated and managed by the Reserve Bank of India. It allows easy and hassle-free fund transfers from one bank to another quickly. You must know the RTGS limit per day before initiating the process to determine the minimum and maximum amount you can send through this service. 

What is RTGS Minimum Limit?

The minimum amount for an RTGS transaction is Rs. 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 Rs. 10 lakhs to Rs. 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?

Listed below is a step-by-step guide you can follow to increase the RTGS limit per day​:

• Contact Your Bank: To request a limit increase, visit your bank branch or use customer service channels. Many banks also offer the option to apply via internet banking or mobile apps.
• Submit a Request Form: Complete the RTGS Limit Enhancement form stating the increase desired with reasons.
• Provide Documentation: Submit proof of identity in the form of a PAN or Aadhaar card, with additional documents to be determined by the bank if deemed necessary. The bank may eventually seek further proof of the company's authenticity.
• Approval Process: Once the bank receives the request, it assesses the same based on transaction history, account type, and risk analysis. Upon approval, the newly enhanced limit is activated.
• Adjust Online Limits: Update your transfer limit settings within the newly approved range for internet banking. It ensures seamless high-value fund transfers tailored to your needs.

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

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

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 Rs. 2,00,000. 
• For online RTGS transfers, the limit is determined by your set Third-Party Funds Transfer limit, with a maximum cap of Rs. 50 lakhs per day.
• Bank branches are free from any upper limits for RTGS transactions, thus offering greater flexibility for high-value transfers.

Axis Bank RTGS Transaction Limit

• Axis Bank RTGS limits are decided, keeping in mind a need for making a variety of transfers through the RTGS transactions. 
• The Minimum limit is fixed at Rs. 2,00,000, while the maximum amount limit varies from 7:00 AM to 6:00 PM, set by the third-party funds transfer limit provided by the customer, up to Rs. 50 lakhs in a day. 
• However, between 6:00 PM and 7:00 AM, there is no upper limit for RTGS transactions, allowing for greater flexibility in high-value transfers during off-peak hours.

State Bank of India RTGS Transaction Limit

Retail Banking: A lower limit of Rs. 2,00,000 and an upper limit of Rs. 10,00,000 are set by the SBI.

Corporate Internet Banking: 

• The State Bank of India (SBI) has established RTGS transaction limits for corporate internet banking to meet diverse business needs. 
• The minimum RTGS limit is Rs. 2,00,000, applicable across all corporate banking categories. 
• The maximum daily limit per transaction for the Saral category is capped at Rs. 10,00,000. 
• The Vyapaar category allows a maximum transaction limit of Rs. 50,00,000, with no cap on daily RTGS transactions. 
• In the Vistaar category, the maximum limit per transaction is Rs. 2,000 crore, with no upper limit on daily RTGS transactions, providing extensive flexibility for large-scale business operations.

Understanding the RTGS limit and RTGS limit per day helps ensure hassle-free fund transfers. If you need to transfer larger amounts, requesting a limit enhancement from the bank is an easy process. 

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