ICICI Bank RTGS or Real Time Gross Settlement is the transfer of money from ICICI bank to another bank on a real-time or gross basis. The term ‘Real-time’ means that the payment is made instantly without any delay. The gross settlement means the money is transferred on one to one basis.
RTGS Full Form: The term real-time gross settlement (RTGS) refers to a funds transfer system that allows for the instantaneous transfer of money and/or securities. Once completed, real-time gross settlement payments are final and irrevocable.
In this article, we’ll provide you ICICI Bank RTGS Application Form PDF in PDF Format, available to download from the official website at www.icicibank.com or download using the direct link below.
Here You Download ICICI Bank RTGS Application Form PDF
- Category: Banking & Finance
- Format: PDF
- Size: 0.01 MB
- Pages: 2
- Source: Drive Files
- Language: English/Hindi
This PDF Alternate Link: Download
Also read | Allahabad Bank RTGS/NEFT Form PDF in Hindi
What is RTGS transfer in ICICI?
ICICI RTGS is the inter-banking transfer facility to transfer funds on a real-time gross basis. Real-time gross means the funds are transferred instantly on one to one basis. It takes around 30 minutes for RTGS fund transfer in ICICI. However, to ensure the processing of fund transfer in the same time frame you should fill RTGS form as per ICICI branch working timings.
We will tell you in this article How to Fill Offline Editable RTGS Form and How to Transfer Fund through RTGS Online from ICICI Netbanking.
Details Required of the Recipients for ICICI RTGS
How to fill ICICI RTGS Form Offline?
How to Transfer Funds Through ICICI RTGS Online Netbanking?
ICICI Bank RTGS Timing
As per RBI guidelines, Real-Time Gross Settlement System (RTGS) for high-value transactions is now available round-the-clock on all days 24×7 (00:00 hours – 23:59 hours) with effect from Dec 14, 2020.
RTGS Charges in ICICI Bank
Transaction charge for NEFT and RTGS initiated through Online Modes (i.e. Internet Banking, iMobile app, Mera iMobile app, and Pockets app) is Nil.
ICICI Bank levies the following charges for fund transfer through Offline Mode ICICI RTGS at Bank Branch:
- Amounts upto ₹ 10,000 – Not Applicable
- Amounts above ₹ 10,000 and upto ₹ 1 lakh – Not Applicable
- Amounts above ₹ 1 lakh and upto ₹ 2 lakh – Not Applicable
- Amounts above ₹ 2 lakh and upto ₹ 5 lakh (Incl. ₹ 2 lakh for RTGS) – ₹ 20 + Applicable GST
- Amounts above ₹ 5 lakh and upto ₹ 10 lakh – ₹ 45 + Applicable GST
ICICI Bank RTGS Limit
ICICI RTGS transactions are primarily for high-value transactions. The limit for ICICI RTGS fund transfer is mentioned in the table below:
- Minimum Amount : ₹ 2 Lakh
- Maximum Amount : ₹ 10 Lakh
We hope this article helped you to Download ICICI Bank RTGS Application Form PDF. If the download link of this article is not working or you are feeling any other issue with it, then please report it by choosing the Contact Us link. If the ICICI Bank RTGS Application Form is a copyrighted material which we will not supply its PDF or any source for downloading at any cost.