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Old January 4th, 2017, 09:22 AM
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Join Date: May 2011
Default Re: RTGS State Bank Of Mysore

The bank of Mysore is provides a facility of RTGS code for to transfer money from one account to another.

The acronym “RTGS” stands for Real Time Gross Settlement. The RTGS system facilitates transfer of funds from accounts in one bank to another on a “real time” and on “gross settlement” basis.

The RTGS system is the fastest possible inter bank money transfer facility available through secure banking channels in India.

Minimum/maximum amount for RTGS/NEFT transactions under Retail Internet Banking:

Type Minimum Maximum
RTGS Rs. 2 Lakhs Rs. 5 Lakhs
NEFT - Rs. 5 Lakhs


Form for RTGS State Bank Of Mysore




Time during the day/week is the RTGS & NEFT service is available:

RTGS transactions will be sent to RBI based on the following schedule:

Day Start Time End Time
Monday to Working Saturday 8:00 hrs 16:00 hrs

Information required to make an RTGS & NEFT payment:

The Remitter has to provide the following details:

Amount to be remitted
Account number which is to be debited
Name of the beneficiary bank
Name of the beneficiary
Account number of the beneficiary
Remarks or description, if any
The IFSC code of the beneficiary branch
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