The upper limit prescribed for RTGS (Real-Time Gross Settlement) transactions in India is actually no upper limit. RTGS is designed for large-value transactions with a minimum amount of ₹2 lakhs, but there is no maximum ceiling set by the Reserve Bank of India (RBI). Individual banks may impose their own limits for operational and security reasons, often ranging from ₹10 lakhs to ₹50 lakhs or more depending on account type and customer segment, but these are bank-specific limits and not RBI-mandated caps.
Key Points
- Minimum amount for RTGS: ₹2 lakh.
- No RBI-prescribed maximum limit for RTGS transactions.
- Banks may set their own upper limits which vary by bank and account type.
- RTGS is available 24/7 for high-value fund transfers.
Thus, the official upper limit prescribed for RTGS is effectively unlimited, though individual banks may impose their own transaction limits for security or operational reasons.
