by Admin
Posted on Jul 25, 2020
National Electronic Fund Transfer (NEFT) is a widely used and secure method to transfer funds. RBI charges a very small amount on NEFT transaction. As it is the easiest electronic payment method and save our time in visiting banks for transactions and it also notifies remitter via SMS/Email on transactions.
NEFT charges are as below
Transfer Amount |
Transaction Charges |
Up to Rs.10,000 |
Rs.2.5 + GST |
Rs.10,000-Rs.1 lakh |
Rs.5 + GST |
Rs.1 lakh-Rs.2 lakh |
Rs.15 + GST |
Above Rs.2 lakh |
Rs.25 + GST |