Indian Bank · statement narration
RTGS CHG
RTGS CHG on your Indian Bank statement — A charge on an outward RTGS transfer. RTGS is used for amounts of Rs 2 lakh and above. The bank publishes a rate table, not one figure; the rates are below.
Read from Indian Bank — Service Charges (Last Updated 20.04.2026) on 2026-08-09.
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
RTGS transaction amount slab
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| Rs 2 lakh to Rs 5 lakh | ₹24.50 | ₹28.91 |
| Above Rs 5 lakh | ₹49.50 | ₹58.41 |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Current Indian Bank non-credit service-charge table. Select-category concessions in the same source remain separate eligibility overlays and must not alter this base tariff silently.
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.