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SBI reduces NEFT, RTGS charges up to 75%

Staff reporter, New Delhi
14/07/2017   0 Comments

The State Bank of India has reduced charges for National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) transactions up to 75 per cent effective from July 15. 

The reduced charges will be applicable on the transactions done through internet banking (INB) and mobile banking (MB) services offered by the bank. Additionally, the bank has also waived charges for fund transfer of up to Rs 1,000 done through Immediate Payment Service (IMPS) effective July 1, 2017.  

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