Real Time Gross Settlement systems are essentially maintained by the Reserve Bank of India. This means that the transactions are highly secure and one does not have to worry about settlement risks. Of course, if the sender does not enter the correct information regarding the beneficiary, they can encounter problems with their payments.

Download SBI RTGS/NEFT Form

In order to make RTGS payments, you must:
Log into your net banking account by entering the relevant details
Select the Funds Transfer Option on your homepage
Select the RTGS option from the options that you may see
Enter beneficiary details accurately
Review the details you have entered to eliminate any scope of error
Click the submit button

The funds are generally credited on an immediate basis. You may receive a text message on your registered mobile number confirming the transaction. Your beneficiary may also receive a text message confirming whether the transaction has taken place

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