It depends on the mode of the Payouts. IMPS and UPI payouts are near-instant. However other modes work only during bank working hours.
RazorpayX Lite
Payout Mode | Fund Account Type | Amount Limit | Processing Hours |
|---|---|---|---|
IMPS | bank_account | Upto ₹5 lakh (per transaction) | Credited immediately on all days 24x7 |
NEFT | bank_account | Upto ₹10 Cr (per transaction) | Credited within 2 hours between 1:00 a.m. and 6:45 p.m. on NEFT working days.* |
RTGS | bank_account | Upto ₹10 Cr (per transaction) | Credited in 30 minutes between 9:00 a.m. and 5:15 p.m. on RTGS working days.* |
UPI | vpa | Upto ₹1 lakh (per transaction) | Credited immediately on all days 24x7 |
amazonpay | wallet | Upto ₹10,000 (per transaction) | Gift card sent immediately. |
Current Account
The following table indicates the payout modes, transaction limits and operating hours for each payout mode for Current account:
Payout Mode | Fund Account Type | Amount Limit | Processing Hours |
|---|---|---|---|
IMPS | bank_account | Upto ₹5 lakh (per transaction) | Credited immediately on all days 24x7 |
NEFT | bank_account | Above ₹1 (per transaction) | Credited within 2 hours between 6:00 a.m. and 6:00 p.m. on NEFT working days.* |
RTGS | bank_account | Above ₹2 lakh (per transaction) | Credited in 30 minutes between 8:00 a.m. and 5:30 p.m. on RTGS working days.* |
UPI | vpa | Upto ₹1 lakh (per transaction) | Credited immediately on all days 24x7** |
** Currently, the UPI facility is available only for Current Accounts opened through RBL.
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