Q. What is the minimum amount that can be remitted through Real Time Gross Settlement (RTGS)?
Answer:
Rs.2,00,000
Notes: The RTGS system is mainly meant for large value transactions. The abbreviation 'RTGS' stands for Real-Time Gross Settlement. The minimum amount to be remitted through RTGS is Rs 2 lakh. The maximum limit is Rs 10 lakh per day.