Converting a fixed deposit (FD) amount directly into a Real-Time Gross Settlement (RTGS) transaction might not be a straightforward process. RTGS is typically used for transferring funds between banks in real-time, and it's designed for transactions involving liquid funds in a bank account.

Using an FD for an RTGS transaction would involve breaking the FD and then transferring the resulting liquid funds through the RTGS system. However, there are considerations to keep in mind:

1. **Penalties and Terms:** Breaking an FD before its maturity date might come with penalties or reduced interest rates. It's important to check with the bank about any associated costs.

2. **Bank's Policies:** Different banks have different procedures for breaking FDs and transferring the funds. It's recommended to discuss this with the bank where the FD is held.

3. **RTGS Requirements:** RTGS transactions usually require the sender to have a bank account with sufficient funds to cover the transfer. Transferring the FD amount through RTGS might require additional arrangements.

4. **Purpose of Transfer:** The purpose of transferring FD funds through RTGS matters. RTGS is typically used for business-related transactions. If the purpose is investment or other financial activities, different processes might be more suitable.

5. **Legal and Tax Implications:** Transferring FD funds might have legal and tax implications. Breaking an FD could lead to taxable income, and there might be regulatory considerations.

Given these complexities, it's advisable to consult with your bank and financial advisors.

Secondly, if you have any surplus fund company we can do that easily because is generally more straightforward compared to converting a fixed deposit (FD) into an RTGS transaction. Here's why:

Liquidity and Availability: Surplus funds are already in a liquid state and readily available in the bank account. This means you can initiate a DD and then proceed with an RTGS transaction without the need to break an FD.

Simplicity of Process: Surplus funds in a bank account can be directly utilized for making payments or transferring through RTGS. There's no need to navigate the process of breaking an FD and then transferring the funds.

Immediate Availability: Surplus funds are immediately available for transactions. Once the DD is created and the RTGS process is initiated, the funds can be transferred in real-time, offering a seamless and quick transaction.

Reduced Complexities: Using surplus funds avoids complexities associated with breaking an FD, such as penalties, interest rate adjustments, and potential tax implications.

Purpose Alignment: Utilizing surplus funds aligns with the purpose of an RTGS transaction, which is to transfer liquid funds quickly and securely between accounts.