Service Charge For RTGS
a) Inward transactions – Free, no charge to be levied.
b) Outward transactions –
- For transactions of 2 lakhs to 5 lakhs - 25 per transaction plus applicable Time Varying Charges (1/- to 5/-); total not exceeding 30 per transaction, (+ Service Tax).
- Above 5 lakhs - 50 per transaction plus applicable Time Varying Charges (1/- to 5/-); total charges not exceeding 55 per transaction, (+ Service Tax).
No time varying charges are applicable for RTGS transactions settled up to 12:30 hrs.
Read more about this topic: NEFT
Famous quotes containing the words service and/or charge:
“Finally, your lengthy service ended,
Lay your weariness beneath my laurel tree.”
—Horace [Quintus Horatius Flaccus] (65–8)
“I never thought that the possession of money would make me feel rich: it often does seem to have an opposite effect. But then, I have never had the opportunity of knowing, by experience, how it does make one feel. It is something to have been spared the responsibility of taking charge of the Lord’s silver and gold.”
—Lucy Larcom (1824–1893)