How to transfer funds using RTGS in HDFC Bank? Follow these simple steps
HDFC Bank RTGS Online Money Transfer Process? RTGS or Real Time Gross Settlement is an electronic way to transfer funds/money. As the name suggests the the transmission takes place on a real time basis.
In India, transfer of funds with RTGS is done for high value transactions, typically for amounts more than Rs 2.00 lakhs. The beneficiary account receives the funds transferred, on a real-time basis. It is a fast and convenient way to make payments, especially for large amounts.
Quick Steps to Transfer Funds using RTGS of HDFC Bank
- Login your Customer ID on HDFC Bank through Desktop, Mobile app.
- Click on the FUNDS Transfer Tab, Under Transfer to other bank (RTGS) option, Click on Go Button.
- Select the Debit account, Beneficiary & other mandatory details.
- Accept the Terms and Conditions and click on the Continue Button
- Verify the details entered and click on the continue button
- Your Transmission is completed successfully.
That’s It! you’ve transferred funds successfully!
