ICICI Bank RTGS

Last Updated : July 26, 2025, 4:53 p.m.

ICICI Bank’s Real-Time Gross Settlement (RTGS) service offers a fast, secure, and efficient way to transfer high-value funds instantly across India. Designed for transactions of ₹2 lakh and above, RTGS ensures seamless payments for business deals, property purchases, or urgent financial needs, with funds credited to the beneficiary’s account within 30 minutes. Whether you’re using ICICI’s Internet Banking, iMobile Pay app, or visiting a branch, this guide covers everything you need to know about leveraging ICICI Bank’s RTGS system effectively.

Benefits of ICICI Bank RTGS

• Real-Time Processing : Funds are transferred instantly, ensuring the beneficiary receives the amount within 30 minutes, ideal for time-sensitive transactions.
• Secure Transactions : RTGS is backed by robust banking protocols and RBI oversight, minimizing fraud risks and ensuring safe high-value transfers.
• High-Value Transfers : Suitable for large transactions like business payments, property purchases, or loan repayments, with a minimum limit of ₹2 lakh.
• Flexible Access : Transactions can be initiated online via Internet Banking, iMobile Pay, or Pockets app, or offline at ICICI Bank branches.
• Advance Scheduling : Schedule RTGS transactions up to 3 working days in advance for better financial planning.

What is the Limit of ICICI Bank RTGS?

• Minimum Limit : The minimum amount for an RTGS transaction is ₹2 lakh per transaction.
• Maximum Limit : The maximum limit is ₹10 lakh per day for most accounts, though some sources suggest no upper limit for branch-initiated transactions. Always confirm with ICICI Bank for specific account limits.
• Customizable Limits : For corporate accounts, transaction limits can be set via a letter on company letterhead, with a default limit of ₹25 lakh per transaction if unspecified.

ICICI Bank RTGS Timings

• line Transactions : RTGS is available 24x7, 365 days a year, as per RBI guidelines effective from December 14, 2020.
• Branch Transactions : Available only during branch working hours, excluding bank holidays and non-working days (2nd and 4th Saturdays, Sundays).
• Processing Time : Funds are credited to the beneficiary’s account within 30 minutes under normal circumstances. If delayed, funds are returned to the sender’s account within 1 hour.

How to Download ICICI Bank RTGS Form?

1. Visit the Official Website : Go to www.icicibank.com.
2. Log In : Access your account using your username and password for Internet Banking.
3. Navigate to Forms : Search for the RTGS form under the “Forms” or “Downloads” section.
4. Download the Form : Select the RTGS form, download it in PDF format, and print if needed.
5. Alternative : Visit the nearest ICICI Bank branch to obtain a physical copy of the form.

How to Fill ICICI Bank RTGS Form?

1. Sender Details : Enter your full name, address, email, phone number, and account number as per your ICICI Bank records.
2. Beneficiary Details : Provide the recipient’s name, bank name, branch details, account number, and IFSC code (verify from the beneficiary’s bank passbook or cheque).
3. Transaction Details : Specify the amount (minimum ₹2 lakh), purpose of the transfer, and date of transaction.
4. Additional Information : Include any remarks or special instructions, if applicable.
5. Signature : Sign the form to authorize the transaction. Ensure all details are accurate to avoid delays.

ICICI Bank RTGS Charges

• Online Transactions : No charges for RTGS transactions initiated through Internet Banking, iMobile Pay, or Pockets app.
• Branch Transactions :
  • ₹2 lakh to ₹5 lakh: ₹20 per transaction (plus GST).
  • Above ₹5 lakh: ₹45 per transaction (plus GST).
• Note : Charges are subject to change. Verify the latest fee structure on the ICICI Bank website or at a branch.