Andhra Bank
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Toll Free Number : 1800 425 1515

Real Time Gross Settlement
 Real Time Gross Settlement

Real Time Gross Settlement (On line Funds Transfer to other banks)

 What is RTGS?

Real Time Gross Settlement System (RTGS) is a funds transfer mechanism where transfer of money takes place from one bank to another  on a real time basis. In other words, this is an electronic payment processing environment wherein transactions are settled as soon as they are processed.

 Who can avail this facility

Only customers of the branch where they are having Savings/Current Accounts

 In what way it is beneficial to the Customers

Customer can remit funds to the account of another RTGS enabled bank branch
The funds are transferred instantaneously at nominal charges

  Min Amount for Transfer

Rs 2.0 lakhs

 Max Amount for Transfer

No Limit


RTGS Transaction Service Charges
Inward Transaction Free
Outward Transaction From Rs.2.00 lakhs
Upto Rs.5 lakhs
Above Rs.5 lakhs

Rs. 25.00 per transaction Rs. 50.00 per transaction

 What the customer must have for remittance

IFSC of the bank branch to which the remittance to be made (IFSC is 11 characters code)
Beneficiary account number, Name and Address (to whom the remittance is intended to )
Approach the branch with the above details

 How to get the IFSC of the branch
  • It is available on the cheque leaf supplied by the bank
  • Can also get from the branch
 What is the time frame for reaching the funds at the other end


Cut off time for remittance through RTGS

Monday to Saturday : 08:00 hrs to 16:00 hrs

RTGS works on all days except on 2nd & 4th Saturdays of the month, Sundays and National Holidays
Important - Account Number

Outward :
While remitting the funds, Account Number of the beneficiary is to be mentioned correctly in the voucher (to whom the remittance is intended to ).
Inward : While seeking remittance from other bank Customers it is mandatory to quote your 15 Digit Finacle Account Number compulsorily.


For further details and redressal of RTGS complaints, please contact at following address:
Andhra Bank, Service Centre,
11, Homi Modi Street, Bansilal Building
Fort, MUMBAI 400 001
Phone : 022-22168047/22161075

Click here  for RTGS enabled branches