RTGS ('Real Time Gross Settlement') is an electronic system for transfer of funds between banks. HDFC Bank is one of the pioneer banks for RTGS in India. By virtue of its advanced technology and network is well positioned to be your sponsor bank and is offering the above service in the form of RTGS Sub-membership for all those Banks who do not wish to become Direct RTGS member with RBI. Becoming sub-member saves you the capital expenditure and recurring expenses.