Download the free GSC Bank RTGS/NEFT Form PDF from the link provided below the article, or use the direct link provided at the bottom of the text to read online. From the link to www.gscbank.co.in at the bottom of this post, you can view or download the GSC Bank RTGS/NEFT Form PDF for free.
NEFT A nationwide payment system that allows for one-to-one financial transfers is called National Electronic Funds Transfer (NEFT). Individuals can electronically transfer money from their accounts to anyone with an account at any other bank branch across the system-participating nation under this method. NEFT may be performed at any time, 24/7/365, using digital banking channels.
Transaction Limits (Digital Banking Channel)
| Type of Account | Limit / Transaction | Limit / Day | Charges |
| Savings Account | Rs. 2,00,000 | Rs. 5,00,000 | Nil |
| Current Account | Rs. 2,00,000 | Rs. 5,00,000 | Nil |
RTGS
Real-Time Gross Settlement, or RTGS, refers to the ongoing (real-time) settlement of money on an order-by-order basis. “Real Time” refers to processing instructions as they come in rather than at a later time. The payments are final and irrevocable since the fund settlement occurs on the Reserve Bank of India’s books. RTGS is possible through.
- Timings: 7:00 am to 5:30 pm on Digital Banking Channel
Transaction Limits (Digital Banking Channel)
| Type of Account | Limit / Transaction | Limit / Day | Charges |
| Savings Account | Rs. 2,00,000 – 5,00,000 | Rs. 2,00,000 – 10,00,000 | Nil |
| Current Account | Rs. 2,00,000 – 5,00,000 | Rs. 2,00,000 – 10,00,000 | Nil |