Securing Hannav Ledger...
Securing Hannav Ledger...
Glossary
RTGS is an electronic payment system for high-value fund transfers (minimum ₹2 lakh) that are settled individually and instantly rather than in batches.
A fast, real-time transfer system used for large money transfers above ₹2 lakh.
Settlement is gross (transaction-by-transaction) and real-time, making it suitable for time-sensitive, high-value payments like property transactions.
A homebuyer transfers a ₹25 lakh down payment via RTGS for instant, same-time settlement.
A fast, real-time transfer system used for large money transfers above ₹2 lakh.
RTGS (Real Time Gross Settlement) helps you evaluate products, compare options, and make informed decisions aligned with goals, tax rules, and risk tolerance in the Indian financial system.