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September 5th, 2016, 03:01 PM
Super Moderator
Join Date: Mar 2012
SBI NEFT Charges

Hii Buddy , I want to know what is the State Bank of India NEFT and NEFT Service Charges , Would you please give me ?

NEFT Stands for National Electronic Fund Transfer .

National Electronic Fund Transfer 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. Presently, NEFT operates in hourly batches from 9 am to 7 pm on week days and working saturday's

Minimum / Maximum Amount for NEFT transactions under Retail Internet Banking

Minimum Maximum

NEFT No Minimum Rs.5 Lakhs

Minimum / Maximum Amount for NEFT transactions under Corporate Internet Banking

Minimum Maximum

NEFT No Minimum Rs.50 lakhs for Vyapaar and
Rs.500 crores for Vistaar

Service Charges Applicable for RTGS/NEFT Transactions :

NEFT Transactions
Amount (in Rs.)

Existing Charges for Branch
(exclusive of service tax)

Rate for INB Channel
(exclusive of service tax)

Upto Rs.10,000/- Rs.2.50/- Rs.2/-

From 10,001/- to 1 lac Rs.5/- Rs.4/-

Above 1 lac up to 2 lac Rs.15/- Rs.12/-

Above 2 lac Rs.25/- Rs.20/-

For More Details , Here I m uploading pdf file you can download Free of cost :
Attached Files
File Type: pdf SBI NEFT Charges.pdf (526.4 KB, 229 views)

Last edited by Neelurk; March 30th, 2020 at 09:39 AM.
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