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Are there any limits on the number of RTGS transfers that can be done in a day?

Curious about RTGS

Are there any limits on the number of RTGS transfers that can be done in a day?

Yes, there are limits on the number of RTGS transfers that can be done in a day. As per the current RBI guidelines, a maximum of five RTGS transactions can be initiated by an entity in a day. However, this limit is subject to change and may vary depending on the entity's relationship with the bank and other factors. It is always advisable to check with your bank for the latest guidelines on RTGS transfers.

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