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Old 1st February 2013, 11:55 AM
sunaina koul52
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Default RBI NEFT Charges

Tell me the charges for the RBI NEFT charges, how much it charge for per transaction
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Old 3rd February 2013, 12:10 PM
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Join Date: May 2012
Default Re: RBI NEFT Charges

National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer.

The structure of charges that is charged for the customer for NEFT is given below:
1)Inward transactions at destination bank branches are Free, no charges
2)Outward transactions at originating bank branches – charges applicable for the remitter.
3)For transactions up to Rs 10,000 : not exceeding Rs 2.50 (+ Service Tax) 4)For transactions above Rs 10,000 up to Rs 1 lakh: not exceeding Rs 5 (+ Service Tax)
5)For transactions above Rs 1 lakh and up to Rs 2 lakhs: not exceeding Rs 15 (+ Service Tax)
6)For transactions above Rs 2 lakhs: not exceeding Rs 25 (+ Service Tax)
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