Need To Make An Online Money Transfer? SBI Charges, Transaction Limits Compared

SBI or State Bank of India, the country's largest lender, charges a fee ranging from Rs 1 to Rs 50 per transaction for money transfer through NEFT and RTGS. Electronic or wire transfer of funds refers to transfer of money from one bank account to another carried out online. NEFT - or National Electronic Funds Transfer - and RTGS - or Real Time Gross Settlement - are two such platforms of money transfer available today. The fee levied by SBI for NEFT and RTGS transactions varies depending upon the amount of money to be transfered and mode of transfer (online or through branch), according to the bank's corporate website - sbi.co.in..SBI levies a fee of Rs 1-5 per transaction, excluding GST (goods and services tax), for NEFT transfers made through net banking or mobile banking. For NEFT transactions made by way of visit to a branch, the banking major charges a fee of Rs 2.5-25 per transaction (excluding GST), according to the SBI portal..For RTGS transactions made through net banking or mobile banking, State Bank of India charges a fee of Rs 5-10 per transaction (excluding GST), according to its website. For such transactions made from bank branches, SBI charges a fee of Rs 25-50 (excluding GST) per transaction, according to the SBI website..Here's a comparison of the charges levied by SBI for NEFT transactions of different amounts conducted from net banking or mobile banking:.table.tble_wrap1 { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; font-size: 16px; } table.tble_wrap1 th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; } table.tble_wrap1 td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; line-height: 18px; } table.tble_wrap1 td:last-child, table.tble_wrap1 th:last-child { border-right: none; } /*Media Query start*/ @media only screen and (max-width: 760px), (min-device-width: 768px) and (max-device-width: 1024px) { /* Force table to not be like tables anymore */ table.tble_wrap1, thead.tble_wrap1, tbody.tble_wrap1, th.tble_wrap1, td.tble_wrap1, tr.tble_wrap1 { font-size: 14px; } } /* Smartphones (portrait and landscape) ----------- */ @media only screen and (min-device-width : 320px) and (max-device-width : 480px) { body { padding: 0; margin: 0; } table.tble_wrap1, thead.tble_wrap1, tbody.tble_wrap1, th.tble_wrap1, td.tble_wrap1, tr.tble_wrap1 { font-size: 14px; } table.tble_wrap1 th.tble_wrap1{ padding: 4px; } table.tble_wrap1 td.tble_wrap1 { padding: 4px; } table.tble_wrap1 th:nth-child(), table.tble_wrap1 td:nth-child(), { display: none; } } /* iPads (portrait and landscape) ----------- */ @media only screen and (min-device-width: 768px) and (max-device-width: 1024px) { body { width: 495px; } } /*Media Query END*/ . NEFT transaction through net banking/mobile banking (exclusive of GST) Up to Rs 10,000 Rs 1 Above Rs 10,000 up to Rs 1 lakh Rs 2 Above Rs 1 lakh up to Rs 2 lakh Rs 3 Above Rs 2 lakh Rs 5 (Source: sbi.co.in) .Here's a comparison of the charges levied by SBI for NEFT transactions of different amounts conducted from a bank branch:.table.tble_wrap { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; font-size: 16px; } table.tble_wrap th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; } table.tble_wrap td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; line-height: 18px; } table.tble_wrap td:last-child, table.tble_wrap th:last-child { border-right: none; } /*Media Query start*/ @media only screen and (max-width: 760px), (min-device-width: 768px) and (max-device-width: 1024px) { /* Force table to not be like tables anymore */ table.tble_wrap, thead.tble_wrap, tbody.tble_wrap, th.tble_wrap, td.tble_wrap, tr.tble_wrap { font-size: 14px; } } /* Smartphones (portrait and landscape) ----------- */ @media only screen and (min-device-width : 320px) and (max-device-width : 480px) { body { padding: 0; margin: 0; } table.tble_wrap, thead.tble_wrap, tbody.tble_wrap, th.tble_wrap, td.tble_wrap, tr.tble_wrap { font-size: 14px; } table.tble_wrap th.tble_wrap{ padding: 4px; } table.tble_wrap td.tble_wrap { padding: 4px; } table.tble_wrap th:nth-child(), table.tble_wrap td:nth-child(), { display: none; } } /* iPads (portrait and landscape) ----------- */ @media only screen and (min-device-width: 768px) and (max-device-width: 1024px) { body { width: 495px; } } /*Media Query END*/ . NEFT transactions at branches (exclusive of GST) Up to Rs 10,000 Rs 2.5 Above Rs 10,000 up to Rs 1 lakh Rs 5 Above Rs 1 lakh up to Rs 2 lakh Rs 15 Above Rs 2 lakh Rs 25 (Source: sbi.co.in) .Here's a comparison of the charges levied by SBI for RTGS transactions of different amounts conducted from net banking or mobile banking:.table.tble_wrap3 { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; font-size: 16px; } table.tble_wrap3 th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; } table.tble_wrap3 td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; line-height: 18px; } table.tble_wrap3 td:last-child, table.tble_wrap3 th:last-child { border-right: none; } /*Media Query start*/ @media only screen and (max-width: 760px), (min-device-width: 768px) and (max-device-width: 1024px) { /* Force table to not be like tables anymore */ table.tble_wrap3, thead.tble_wrap3, tbody.tble_wrap3, th.tble_wrap3, td.tble_wrap3, tr.tble_wrap3 { font-size: 14px; } } /* Smartphones (portrait and landscape) ----------- */ @media only screen and (min-device-width : 320px) and (max-device-width : 480px) { body { padding: 0; margin: 0; } table.tble_wrap3, thead.tble_wrap3, tbody.tble_wrap3, th.tble_wrap3, td.tble_wrap3, tr.tble_wrap3 { font-size: 14px; } table.tble_wrap3 th.tble_wrap3{ padding: 4px; } table.tble_wrap3 td.tble_wrap3 { padding: 4px; } table.tble_wrap3 th:nth-child(), table.tble_wrap3 td:nth-child(), { display: none; } } /* iPads (portrait and landscape) ----------- */ @media only screen and (min-device-width: 768px) and (max-device-width: 1024px) { body { width: 495px; } } /*Media Query END*/ . RTGS transactions through net banking/mobile banking (exclusive of GST) Rs 2 lakh to Rs 5 lakh Rs 5 Above Rs 5 lakh Rs 10 (Source: sbi.co.in) .Here's a comparison of the charges levied by SBI for RTGS transactions of different amounts conducted from a bank branch:.table.tble_wrap2 { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; font-size: 16px; } table.tble_wrap2 th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; } table.tble_wrap2 td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; line-height: 18px; } table.tble_wrap2 td:last-child, table.tble_wrap2 th:last-child { border-right: none; } /*Media Query start*/ @media only screen and (max-width: 760px), (min-device-width: 768px) and (max-device-width: 1024px) { /* Force table to not be like tables anymore */ table.tble_wrap2, thead.tble_wrap2, tbody.tble_wrap2, th.tble_wrap2, td.tble_wrap2, tr.tble_wrap2 { font-size: 14px; } } /* Smartphones (portrait and landscape) ----------- */ @media only screen and (min-device-width : 320px) and (max-device-width : 480px) { body { padding: 0; margin: 0; } table.tble_wrap2, thead.tble_wrap2, tbody.tble_wrap2, th.tble_wrap2, td.tble_wrap2, tr.tble_wrap2 { font-size: 14px; } table.tble_wrap2 th.tble_wrap2{ padding: 4px; } table.tble_wrap2 td.tble_wrap2 { padding: 4px; } table.tble_wrap2 th:nth-child(), table.tble_wrap2 td:nth-child(), { display: none; } } /* iPads (portrait and landscape) ----------- */ @media only screen and (min-device-width: 768px) and (max-device-width: 1024px) { body { width: 495px; } } /*Media Query END*/ . RTGS transactions at branches (exclusive of GST) Rs 2 lakh to Rs 5 lakh Rs 25 Above Rs 5 lakh Rs 50 (Source: sbi.co.in) .In case of NEFT and RTGS payments initiated through a bank branch, State Bank of India said the charges are applicable "only to transactions originated and payable" within the country.

Need To Make An Online Money Transfer? SBI Charges, Transaction Limits Compared

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