Does rtgs require cheque

RTGS does not necessarily require a cheque, as it depends on the chosen transfer method. If you are using digital platforms such as mobile apps or internet banking, a physical cheque is not needed. However, if you prefer to initiate an RTGS transfer offline by visiting a bank branch, you will generally be required to submit a signed cheque leaf or a demand draft along with the completed RTGS request form. This serves as the authorization for the bank to debit the high-value amount from your account.