Chandigarh, December 11, 2024 (Navroze Bureau) – There is an important news for ICICI Bank customers, which the bank has already shared via email. The bank will carry out maintenance work from 11:55 pm on December 14 to 6:00 am on December 15. RTGS (Real Time Gross Settlement) service will be temporarily unavailable during this period.
However, during this time, customers will be able to use other fund transfer options such as NEFT, IMPS and UPI. The bank has taken this step to improve its services and has appealed to the customers to complete the transactions related to RTGS before or after this stipulated time.
What is RTGS
RTGS is a process of money transfer, in which money is sent from one bank account to another. There will be no charge for RTGS done through online mode such as internet banking, iMobile Pay app or Pockets app. However, Rs 20 will be charged in addition to GST for RTGS transactions of Rs 2 lakh to Rs 5 lakh from any branch of the bank.
Apart from this, Rs 45 + GST will have to be paid for transactions ranging from Rs 5 lakh to Rs 10 lakh. The money is credited to the account within 30 minutes of receiving the message of fund transfer.
If you wish, you can schedule the transaction through RTGS in advance within any three working days. In RTGS, complete details of the two bank accounts between which the money transaction is to be done have to be given, IFSC of the bank account to which the money is to be sent is also required.