December 17, 2019 12:41 pm
Customers can now transfer money through NEFT without paying any charges any time of the day whereas banks charge a fee for fund transfer through cheques and demand draft (DD).
November 08, 2019 6:08 pm
The central bank has also proposed that FASTags would be enabled to pay for parking fee and even at fuel stations.
June 06, 2019 3:50 pm
The Real Time Gross Settlement System (RTGS) is meant for large-value instantaneous fund transfers while the National Electronic Funds Transfer (NEFT) System is used for fund transfers up to Rs 2 lakh.
May 16, 2019 4:02 pm
If RBI makes NEFT 24x7, it will not only ease the fund transfer for customers round the clock but will also take some load-off the bank branches for executing such transactions.
July 13, 2017 3:51 pm
The reduced charges on NEFT and RTGS will be applicable on the transactions done through internet banking and mobile banking services offered by the bank, the bank said in an official statement here on Thursday.