How to open SBI savings account through video KYCThe State Bank of India (SBI) has launched a video-based account opening function that will let customers register SBI accounts online with...
10 Sep, 2022, 01.59 PM IST
SBI to not levy charges on IMPS transactions up to Rs 5 lakh done via Net banking, mobile bankingSBI recently announced that it has increased the Immediate Payment Service (IMPS) limit for money transfers done at its bank branches.
04 Jan, 2022, 05.01 PM IST
SBI yet to refund Rs 164 cr undue fee charged from Jan Dhan a/c holdersA report by IIT-Mumbai said that during April 2017 to September 2020, SBI had collected over Rs 254 crore towards at least 14 crore UPI/ Ru...
21 Nov, 2021, 03.03 PM IST
SBI revises charges of Basic Savings Bank Deposit Accounts: Here are the detailsFrom July 1, non-financial transactions at branches, ATMs, and cash deposit machines will be free-of-cost at both SBI branches and non-bank...
25 May, 2021, 11.20 AM IST
SBI collected Rs 300 crore from zero-balance accounts for certain services in 5 years, reveals studyThe study observed that the SBI's decision to levy a charge of Rs 17.70 for every debit transaction beyond four by the BSBDA account holder...
12 Apr, 2021, 09.55 AM IST
SBI revises service charges w.e.f Oct 1. Here's a look at what has changedHere is the look at the charges that SBI will charge you with effect from October 1, as per its website.
03 Oct, 2019, 09.25 AM IST
Transfer funds via NEFT 24X7 from December 2019NEFT is a payment system facilitating funds transfers from one bank account to another.
07 Aug, 2019, 12.34 PM IST
SBI waives off charges on NEFT, RTGS and IMPSWith effect from July 1, 2019, no RTGS, NEFT charges will be levied on customers for transactions done via YONO, Internet banking and mobil...
12 Jul, 2019, 04.08 PM IST
RBI removes NEFT, RTGS payment charges to push digital transactionsRBI has removed charges for NEFT, RTGS payments. It has asked banks to pass on benefits to customers.
12 Jul, 2019, 04.08 PM IST
Fund transfer via RTGS, NEFT set to get cheaper from MondayAfter announcing its decision to waive all charges on fund transfer through RTGS and NEFT systems, RBI had also asked banks to pass on the ...
30 Jun, 2019, 03.42 PM IST
Fund transfers via RTGS, NEFT to cost less from July 1Country's largest bank SBI charges between Re 1 and Rs 5 for transactions through NEFT and between Rs 5 and Rs 50 for RTGS route.
11 Jun, 2019, 09.13 PM IST
Do you know the charges for digital payments?While a lot of us have moved to electronic payments, not many are aware of the costs are attached with it. Various fees and charges are att...
26 Nov, 2018, 04.18 PM IST
- E-Payment for social schemes: Finance Ministry asks banks to change fund transfer process to check fraud
The finance ministry has ordered an overhauling of the electronic payment system for the Centre’s flagship social welfare schemes to check ...
28 Feb, 2012, 04.05 AM IST
EPFO loses Rs 1 crore in illegal withdrawalsThe EPFO has instructed all regional offices to ensure that most payments take place through national electronic fund transfer (NEFT).
20 Sep, 2011, 10.44 AM IST
- E-payment likely to gain currency as RBI cuts fee
Electronic payment services are being more attractive. Consumers will not be charged any fee now for receiving money from other bank accoun...
10 Oct, 2008, 01.10 AM IST
- PSBs fare poorly on e-fund transfers
The country’s government banks are yet to get a fix on RBI’s electronic funds transfer system.
05 Sep, 2008, 12.38 AM IST
- Nepalese can use NEFT to send funds back home
Nepalese citizens working in India can now send funds to their family and friends back home using the National Electronic Funds Transfer (N...
16 May, 2008, 01.31 AM IST