Does AXIS Mobile app allow RTGS transaction (above 2 lac) ?

[Collector_sahab]

I have just set up axis mobile app in a relative's phone, without password (with otp login), and he wants to do a large transaction (>2 lac) which is possible through RTGS as far as I know. But I can't find the RTGS option in funds transfer section in AXIS mobile app. The limit shows 5,000 for the first 24 hrs, but even then I don't know if the RTGS option will arrive after 24 hrs. If someone using Axis mobile app can confirm this, it would be helpful. Thanks.

 

[Grogu]

I have just set up axis mobile app in a relative's phone, without password (with otp login), and he wants to do a large transaction (>2 lac) which is possible through RTGS as far as I know. But I can't find the RTGS option in funds transfer section in AXIS mobile app. The limit shows 5,000 for the first 24 hrs, but even then I don't know if the RTGS option will arrive after 24 hrs. If someone using Axis mobile app can confirm this, it would be helpful. Thanks.

RTGS is available only on internet banking

 

[Vasuki]

RTGS is available only on internet banking

Benefits of Rtgs transfer other than high balance transfer

 

[Grogu]

Benefits of Rtgs transfer other than high balance transfer

It's instant and settled on priority.

 

[Vasuki]

It's instant and settled on priority.

Hdfc has
Hdfc to hdfc transfer. Its too good .
Thanks good information

 

[moneyMaker]

For large payments, RTGS is the only option, no?

 

[Vasuki]

For large payments, RTGS is the only option, no?

RTGS i guess was the old system before imps came .

 

[moneyMaker]

imps came

Isn't IMPS for small amounts? <50k?

 

[Grogu]

For large payments, RTGS is the only option, no?

There is no limit for NEFT, but some banks may have a daily transfer limit. So, as you said RTGS is for large payments > 2 Lac and no charges like IMPS.

 

[raghu.rokda]

can i register more than one axis account in same axis mobile app ?

 

[Vasuki]

Isn't IMPS for small amounts? <50k?

Yes imps is the newest.
Earlier neft was used extensively & RTGS was done mainly offline

 

[varun__goel_]

Isn't IMPS for small amounts? <50k?

Upto 5 lakhs

 

[varun__goel_]

For large payments, RTGS is the only option, no?

You can transfer using neft, will be credited within 1-2 hrs. IMPS upto 5L for instant settlement, but axis charges on IMPS. Else do rtgs via internet banking