Fund Transfers Via RTGS\, NEFT To Get Cheaper From Monday

Fund Transfers Via Payment Systems RTGS, NEFT To Get Cheaper From Monday

RTGS system is meant for large-value instantaneous fund transfers, while the NEFT system is used for fund transfers of up to Rs 2 lakh

Your Money | | Updated: June 30, 2019 16:19 IST
Fund Transfers Via Payment Systems RTGS, NEFT To Get Cheaper From Monday

SBI charges between Rs 1 and Rs 5 for transactions through NEFT and between Rs 5 and Rs 50 for RTGS route