Real Time Gross Settlement(RTGS) refers to fund transfer systems in which the transfer of money or securities takes place from one bank to another on a ‘real time’ and on ‘gross’ basis. In Real Time settlements, payment transaction is not subjected to any waiting period. The transactions are settled as soon as they are processed. ‘Gross settlement’ means that the transaction is settled on one to one basis without netting with any other transaction.
| Sl.No | Amount Slab | RTGS (Service Tax Applicable) |
| 1 | From Rs.2.00 lakhs Up to Rs.5.00 Lakhs | 25.00 |
| 2 | Above Rs.5.00 lakhs | 50.00 |