Is there a minimum amount required for RTGS transactions?

Yes, there is a minimum amount required for RTGS transactions in India. As per the guidelines of Reserve Bank of India (RBI), the minimum amount that can be transferred through RTGS is Rs. 2 lakhs. This means that if you want to transfer an amount of less than Rs. 2 lakhs, you will have to use other electronic payment methods like NEFT or IMPS.