If I make an RTGS transfer using the HDFC Mobile Banking app from my savings account, is it completely free, or does HDFC charge any fee for RTGS transactions?
Are RTGS transactions free in HDFC Mobile Banking app for savings account holders?
Yes. RTGS Transactions are free if you’re a savings account holder and using the HDFC Mobilebanking app or NetBanking. HDFC does not charge any fee for sending money through RTGS when the transaction is done online.
The charges may be applicable if you do the transaction through a branch because it involves manual processing. Online RTGS is treated as self-service and is kept free.
HDFC RTGS Transaction Details
| Feature | Details |
|---|---|
| Online RTGS charges | Free for savings account users |
| Branch RTGS charges | Charged as per bank’s fee schedule |
| Minimum RTGS amount | ₹2 lakh |
| Maximum RTGS amount | Depends on your TPT limit (e.g., up to ₹50 lakh online) |
| Availability | 24×7 (except technical downtime) |
| Settlement speed | Almost always within minutes |