Real Time Gross Settlement (RTGS)

Overview
  • Real-time gross settlement(RTGS) system is an instant funds transfer systems where the transfer of money takes place from one Bank Account to any other Bank Account on a “real-time” and on a “gross” basis.
  • Our Bank Indian Financial System Code (IFSC) : IDIB0SGB001(all Zeros)
Eligibility
  • Any customer of a CBS Branch for any amount.
Features
  • The RTGS system is primarily meant for large value transactions. The minimum amount to be remitted through RTGS is 2 lakh with no upper or maximum ceiling.
  • Transfer of funds to any account in any bank branch enabled for RTGS in a fastest way (within hours)
Benefits
  • It is a safe and secure system for funds transfer
  • No limit for funds transfer
RTGS Timing
  • RTGS transactions can be initiated from any of the SGB branch anytime during business hours
Rates & Charges
  • For Inward Transactions : No Charges levied
  • For Outward Transactions: Please refer Service charges link on home page of our banks website.
How to apply ?
Please contact your nearest SGB branch for utilizing this facility.
Designed by Yaswanth Gupta Bondada & Raghav Vellore