For initiating RTGS through the bank branch, you need all information-

1. Amount to be transferred
2. The account number to be debited
3. Name of the beneficiary bank and branch
4. The IFSC number of the receiving branch
5. Name of the beneficiary customer
6. Account number of the beneficiary customer
7. Sender to receiver information, if any
8. Sender and Beneficiary Legal Entity Identifier (for eligible transactions).

For initiating RTGS through online net banking, you need beneficiary information-

1. Amount
2. Beneficiary Name
3. Beneficiary Account Number
4. Ifsc code of Beneficiary bank branch
5. Name of beneficiary bank branch
6. Beneficiary Legal Entity Identifier (for eligible transactions)

What are the steps to do RTGS online?

There are simple steps to do RTGS online-

1. First of all, You should have internet banking if not then register yourself for net banking.
2. After registering, You are to log in with your user id and password in your applicable bank online.
3. Then you are to create a beneficiary for online RTGS.
4. Just create the beneficiary with the help of the above-mentioned information such as name, A/c No, and IFSC Code.
5. beneficiary approval will take up to 4 hours through the bank.
6. After approval, You need to click on fund transfer.
7. Then, the select created beneficiary.
8. Enter the transferable amount.
9. Then enter the transaction password or secure OTP received on your mobile number.
10. Now click on submit button, then you will get a UTR number that will be available for tracking the RTGS transaction.
11. Finally, your RTGS transaction is done. You can confirm from your beneficiary for the amount was received or not after 30 minutes. The amount will be transferred within 30 minutes.

How much time does RTGS take?