RTGS (Real Time Gross Settlement) is a digital money transfer system where the money is transferred within 30-60 minutes time span. Yes Bank is also offering this electronic payment option to its account holders. RTGS is beneficial for transferring a high volume of funds in the least amount of time. The minimum amount which can be transferred using RTGS services is Rs 2 lakhs. Yes Bank account holders can perform RTGS transactions by filling the Yes Bank RTGS Form.
Yes Bank permits RTGS transactions at all parts of the country and for this reason, the Yes Bank RTGS Form is available in different languages, namely, English, Hindi, Gujarati, Kannada, Malayalam, Marathi, Punjabi, Tamil and Telugu. This form can be downloaded, emailed, faxed and is even editable online. Download Yes Bank Electronic Remittance Transaction Initiation Voucher (RTGS / NEFT). Download Yes Bank NEFT Pay Slip, Download Yes Bank RTGS Pay Slip in PDF. Just input the details of name of Branch, Amount to be remitted and details of Remitter and beneficiary. Now scroll down below n Download Yes Bank NEFT, RTGS Form in PDF Format. RTGS form of Yes Bank Ltd. In Word Format should be editable.
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These transactions take place on a real time basis and are carried out directly on the books of Reserve Bank of India. For this reason, once the payment is made, the same cannot be revoked. Yes Bank RTGS transactions are flexible and account holders can perform it online from the comforts of their home or office. They can visit the bank website or mobile app of Yes Bank to initiate online RTGS transactions. Senders can also visit the bank branch, fill up the Yes Bank RTGS Form and deposit cash or cheque to initiate RTGS; there is also option of direct debit from the bank account. If the account holder is depositing cash, a pay slip must be submitted along with the RTGS form.