Bank of Maharashtra · statement narration
RTGS CHG
A charge on an outward RTGS transfer. RTGS is used for amounts of Rs 2 lakh and above.
In plain English
A charge on an outward RTGS transfer. RTGS is used for amounts of Rs 2 lakh and above.
Also printed as RTGS CHARGES, RTGS COMM, RTGS OUTWARD CHG.
Hinglish mein
RTGS transfer par lagne wala charge. RTGS Rs 2 lakh se upar ke transfer ke liye hota hai.
What it costs, including GST
Retail Banking Service Charges · Branch
Outward RTGS across-counter amount slab
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| Rs 2 lakh to Rs 5 lakh | ₹25 | ₹29.50 |
| Above Rs 5 lakh | ₹50 | ₹59 |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Outward RTGS across counter.
Retail Banking Service Charges · Other
Outward RTGS Digital Mode amount slab
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| Rs 2 lakh to Rs 5 lakh | ₹5 | ₹5.90 |
| Above Rs 5 lakh | ₹10 | ₹11.80 |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Outward RTGS through bank-defined Digital Mode.
Why it happened
An outward RTGS transfer was sent from your account, usually through a branch.
How to avoid it
Use internet or mobile banking for RTGS, where charges are lower or nil. Inward RTGS is always free.