#DURATION OF IMOPS CODE#
#DURATION OF IMOPS PASSWORD#

The list of RTGS-enabled branches is available on the RBI's website. Not all bank branches offer this facility. The branches of both the account holder and the beneficiary have to be RTGS-enabled. The charges may differ from bank to bank but can't exceed Rs 30 for transfers of Rs 2-5 lakh and Rs 55 for transfers above Rs 5 lakh. The rest of the process is the same as NEFT's. You have to make sure that your as well as the beneficiary's branch is RTGS-enabled. The RTGS window is open from 9am to 4.30pm on weekdays and 9am to 2pm on Saturdays. The bank of the person to whom the money is transferred gets 30 minutes to credit it to his or her account. The transfer happens on a real-time basis throughout the RTGS business hours.

The Real Time Gross Settlement, or RTGS, is for high-value transactions. Also, the facility is available only on bank working days, and that excludes weekends and bank holidays.' Praveen Kutty, Head, Retail & SME Banking, DCB Bank, says, 'The transfer is not instantaneous. You can't transfer money under NEFT any time you want to. The cost ranges between Rs 2.50 and Rs 25, plus service tax, depending upon the amount.

The money will be transferred to the beneficiary's account when the next settlement is scheduled.

#DURATION OF IMOPS PASSWORD#

Log in to your net banking account, go to 'Transfer Funds', select the beneficiary (you can add multiple beneficiaries) and transfer money by entering the one-time password that you will get on your mobile phone.For instance, in case of ICICI Bank, you can transfer money after half an hour of the addition of the beneficiary. After adding the beneficiary, you may have to wait for some time before you can transfer money.

#DURATION OF IMOPS CODE#

For this, you need the name of the person, his or her account number and 11-digit alpha-numeric IFS (Indian Financial System) code for the bank branch. Add the details of the beneficiary to whom you want to transfer money.Also, register your mobile number with the bank. Get a net banking login id and password.You can check on the Reserve Bank of India's (RBI's) website if it is so. Your bank branch has to be NEFT-enabled.

Duration of imops