Request Details

Rules for RTGS/NEFT

QISX2662
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Government level: Government of India (India)
Agency/Ministry: Reserve Bank of India
Addressed to: Ashok Narain
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Most of the time bank branches are insisting for Cheque leaf for doing RTGS/NEFT transactions. In this regard, please provide following information:

1. Please provide a clear copy of the order/notice/notification/guidelines/gazette/rule/office memo or any other document issued which states the complete rules for doing RTGS/NEFT transactions along with amount limits through bank branches.

2. Are there any rules to submit a cheque for doing RTGS/NEFT transactions? If yes, then please provide a clear copy of the order/notice/notification/guidelines/gazette/rule/office memo or any other document issued.