Dhanlaxmi Bank RTGS Charges, Timings, Limits & How to Transfer

For individuals and businesses alike, transferring large sums of money quickly and securely is often a critical banking requirement. RTGS (Real Time Gross Settlement) is the go‑to system in India for such high‑value transactions. Dhanlaxmi Bank offers a robust RTGS facility that lets customers move funds instantly with full confidence. In this article, we’ll walk you through Dhanlaxmi Bank RTGS charges, timings, transaction limits, and a step‑by‑step guide on how to transfer money using RTGS.

What Is RTGS?

RTGS stands for Real Time Gross Settlement — a funds transfer system regulated by the Reserve Bank of India (RBI) that allows transfers to be settled immediately on a transaction‑by‑transaction basis. Unlike NEFT, which processes transfers in half‑hourly batches, RTGS settlements happen in real time, making the system ideal for urgent high‑value transfers.

It’s typically used for:

• Vendor or supplier payments
• Large personal remittances
• Property or investment transactions
• Business or payroll settlements

Dhanlaxmi Bank RTGS Charges

One of the key decisions when transferring funds is understanding the cost involved. Dhanlaxmi Bank has a clear and customer‑friendly RTGS fee structure.

Online RTGS Charges

• Internet Banking: Free
• Mobile Banking App: Free

Dhanlaxmi Bank does not levy any charges for RTGS transactions initiated through its internet banking or mobile banking platforms. This makes digital RTGS transfers not just convenient but also cost‑effective, especially for frequent users or businesses making recurring high‑value payments.

Branch RTGS Charges

If you choose to initiate the RTGS transfer at a bank branch (offline mode), nominal charges may apply based on the amount being transferred. These charges are usually exclusive of GST:

GST (Goods and Services Tax) will be added where applicable.

Even though branch RTGS charges exist, most customers prefer the free digital route for speed, convenience, and cost savings.

Dhanlaxmi Bank RTGS Timings

Online RTGS

Thanks to RBI’s extended operating framework, customers can initiate RTGS transactions 24×7, 365 days a year using internet banking or the mobile banking app — including Sundays and bank holidays. This free‑flowing access ensures you can send large funds any time of the day or night, even outside regular banking hours.

Branch RTGS

If you’re initiating RTGS at a bank branch:

• Monday to Friday: Typically 10:00 AM – 4:00 PM
• Saturday: Shorter hours (varies by branch)

Once the request is made — whether online or offline — the RTGS system settles transactions in real time, provided all details and authorizations are correct.

Dhanlaxmi Bank RTGS Limits

RTGS is designed for high‑value transactions, and the RBI lays down a minimum transaction amount:

What This Means

• Minimum Amount: Transactions via RTGS must be ₹2 lakh or more, as mandated by the RBI.
• Maximum Limit: There is no RBI‑prescribed upper limit for RTGS. Dhanlaxmi Bank may set internal caps for specific channels or customer segments, but generally, very high amounts can be transferred with ease.

This makes RTGS particularly suitable for business payments or personal needs that involve large payments that are both time‑sensitive and critical.

How to Transfer Money via RTGS in Dhanlaxmi Bank

Here’s a simple step‑by‑step guide to transfer funds using RTGS:

Step 1 — Login

• Visit the official Dhanlaxmi Bank website: https://dhan.bank.in/
• Login to your Internet Banking account, or open the Mobile Banking App.

Step 2 — Add Beneficiary

Navigate to Funds Transfer → Add Beneficiary/Manage Payee and enter:

• Beneficiary Name
• Bank Account Number
• IFSC Code (Dhanlaxmi Bank IFSC starts with DLXB0…)
  Submit and save. Beneficiary activation may take a short time due to security checks.

Step 3 — Initiate RTGS

Once the beneficiary is active:

1. Go to Funds Transfer → RTGS
2. Select the beneficiary
3. Enter the transfer amount (minimum ₹2,00,000)
4. Enter remarks (optional)

Step 4 — Authenticate

You will receive an OTP (One‑Time Password) or be asked for your transaction PIN. Enter it to authorize the transfer.

Step 5 — Confirmation

Once the transfer is successful, note or save the UTR (Unique Transaction Reference) number — essential for tracking and future reference.

Benefits of RTGS with Dhanlaxmi Bank

• Immediate settlement: Funds are transferred in real time
• Free online RTGS: No charges via internet or mobile banking
• 24×7 availability: Including weekends and holidays
• Ideal for high‑value transactions: No upper RBI cap
• Secure and regulated: Backed by RBI guidelines

Important Tips Before Using RTGS

• Always double‑check the beneficiary’s account number and IFSC code before initiating the transfer.
• Add beneficiaries ahead of time to avoid delays in urgent transactions.
• Use internet or mobile banking for faster, secure, and free transfers.
• Save your UTR number for tracking purposes or reconciliation.

Conclusion

DCB Bank’s RTGS facility is a secure, fast, and cost‑effective solution for transferring large amounts of money across India. With zero online transaction charges, real‑time settlement, and round‑the‑clock availability, RTGS is an excellent choice for customers who need to transfer high‑value funds instantly and safely.

For the most convenient experience, customers are encouraged to use internet or mobile banking when initiating RTGS transfers — quick, reliable, and free.