Wednesday 19 January 2022
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NEFT transaction 24×7 beginning 16 December

NEFT is a method of online transaction, in which you can transfer to another bank account up to Rs 2 lakh online at a time

SBI waives RTGS, NEFT, IMPS charges

SBI is the largest commercial bank in terms of assets, deposits, branches, customers and employees and largest mortgage lender.

RTGS, NEFT charges removed to boost digital transactions

The State Bank of India, for example, has been charging between Re 1 and Rs 5 for transactions through NEFT and between Rs 5 and Rs 50 forĀ the RTGSĀ route