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Q.

How to do RTGS in SBI?

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0 2023-05-25T13:18:19+00:00

If you are looking for a process of how to do RTGS in SBI online banking, let me first tell you that it is important to note that SBI may have specific cut-off timings for initiating RTGS transfers, beyond which the transaction will be processed on the next business day. Therefore, it is advisable to check the bank's website or contact the customer service helpline to confirm the RTGS cut-off timings. Now let me help you out with the process.

RTGS process in SBI bank

To perform RTGS (Real-Time Gross Settlement) in SBI (State Bank of India), you can follow these steps:

  1. Visit the official website of SBI (

    www.onlinesbi.com

    ) and log in to your internet banking account using your credentials.

  2. Navigate to the "Payments/Transfers" section.

  3. Under the Payments/Transfers section, look for the option to make an RTGS transfer. It is usually labeled as "RTGS" or "Real-Time Gross Settlement."

  4. Click on the RTGS option and provide the necessary details for the transfer, including the recipient's bank account number, bank name, and branch IFSC (Indian Financial System Code) code.

  5. Enter the amount you wish to transfer via RTGS.

  6. Review the details entered and confirm the transaction. Some banks may require you to enter a One-Time Password (OTP) or provide other authentication factors for security purposes.

  7. Once the transaction is confirmed, SBI will process the RTGS transfer immediately, and the funds will be credited to the recipient's account in real-time.

Additionally, SBI may levy charges for RTGS transfers based on the amount being transferred. It is recommended to familiarize yourself with the applicable fees and charges before initiating an RTGS transaction.

By following these steps and providing accurate details, you can easily understand how to do RTGS in SBI online banking and perform RTGS transfers in SBI, ensuring quick and secure fund transfers to the intended recipient's account.

Opt for a NoBroker home loan to get the funds in your hands in very less time. Pay your utility bills on NoBroker to get assured cashback. Read More: How to Do RTGS Without Cheque?  How to Check RTGS Status: Complete Method?  What are the SBI RTGS Charges? 
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