SBI To Remove Immediate Payment Service (IMPS) Charges From August 1: Ten Things To Know

Along with customer convenience, the waiver in NEFT (National Electronic Funds Transfer ), IMPS and RTGS (real-time gross settlement) charges will attract more customers towards digital transactions, the bank said. SBI has already waived charges on NEFT (National Electronic Funds Transfer ) and RTGS (real-time gross settlement) transactions through internet and mobile banking from July 1. Additionally, the bank also reduced NEFT ...