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Old July 21st, 2016, 11:22 AM
Sumit Bhardwaj
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Join Date: Nov 2011
Posts: 34,141
Default Re: Oriental Bank Of Commerce RTGS Form Download

The Real Time Gross Settlement System is a modern, robust, integrated payment and settlement system.

RTGS is a system whereby the Banks and Financial Institutions maintaining accounts with RBI can transfer funds to one another on an immediate, final and irrevocable basis during business hours.

RTGS application form from Oriental Bank Of Commerce



Benefits of the System for the Customer:

Pan Indian reaches of all banks.
Faster fund transfers.
Operational convenience
Cost effectiveness.
Minimum Transaction Amount for Fund Transfer is Rs.2.00 lac.
There is no Maximum limit for transaction amount.

You can download RTGS form from this link:



Charges:

Inward Remittance
Not Prescribed.

Outward Remittance
Rs.1 lakh to Rs.2 lakhs - N/A
above Rs.2 lakhs to Rs.5 lakhs. Rs.25 (Plus Service Tax) per transaction.
Above Rs.5 lakhs Rs. 50 (Plus service tax) Rs.50 per transaction.
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