RTGS - Real Time Gross Settlement. This is a system where the processing of funds transfer instructions takes place at the time they are received (real time). Also the settlement of funds transfer instructions occurs individually on an instruction by instruction basis (gross settlement). RTGS is the fastest possible interbank money transfer facility available through secure banking channels in India.
RTGS is the fastest possible interbank money transfer facility available through secure banking channels in India.
1.	Transfers in real-time.
2.	Faster clearing house settlement issues.

NEFT - National Electronic Fund Transfer - This system of fund transfer operates on a Deferred Net Settlement basis. Fund transfer transactions are settled in batches as opposed to the continuous, individual settlement in RTGS. Presently,
1.	Handle Credit card payments from home
2.	Faster because no demand drafts, cheques or letters.
3.	What is NEFT Funds Transfer?
	A nation- wide funds transfer system, supporting the transfer of funds from any bank branch to any other bank branch.

 

RTGS CHARGES
Rs. 2.00 Lacs to 5.00 Lacs	Rs. 30/- per transaction
Rs. 5.00 Lacs & above	Rs. 60/- per transaction

NEFT CHARGES
Rs. upto 1.00 Lakh	Rs. 10/- per transaction
Rs. 1.00 Lakh to 2.00 Lakh	Rs. 20 /- per transaction