For Transferring the Funds into the State Bank of India to Other Banks Are Known As Inter bank Transfer the details of the Transaction Are As Follow

Inter Bank Transfer
Inter Bank Transfer enables electronic transfer of funds from the account of the remitter in one Bank to the account of the beneficiary maintained with any other Bank branch. There are two systems of Inter Bank Transfer - RTGS and NEFT. Both these systems are maintained by Reserve Bank of India....

RTGS - Real Time Gross Settlement - This is a system where the processing of funds transfer instructions takes place at the time they are received (real time).

NEFT - National Electronic Fund Transfer - This system of fund transfer operates on a Deferred Net Settlement basis. Fund transfer transactions are settled in batches as opposed to the continuous, individual settlement in RTGS.


Minimum / Maximum amount for RTGS / NEFT transactions under Retail Internet Banking
Type Minimum Maximum
RTGS Rs. 2 Lakhs Rs. 10 Lakhs
NEFT No Minimum Rs. 10 Lakhs


Minimum / Maximum amount for RTGS / NEFT transactions under Corporate Internet Banking
Type Minimum Maximum
RTGS Rs.2 Lakhs Rs.50 lakhs for Vyapaar and Rs.500 crores for Vistaar
NEFT No Minimum Rs.50 lakhs for Vyapaar and Rs.500 crores for Vistaar