2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
3rd December 2015, 12:19 PM
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Re: How To Transfer Money From SBI To South Indian Bank

Hello sir I am Shikhar, can you please tell me how can I Transfer Money from SBI to South Indian Bank???
  #3  
3rd December 2015, 12:20 PM
Super Moderator
 
Join Date: Aug 2012
Re: How To Transfer Money From SBI To South Indian Bank

You can easily transfer Money from SBI to South Indian Bank through online Money Transfer Scheme
Inter Bank Transfer enables electronic transfer of funds from the account of the remitter in one Bank to the account of the beneficiary maintained with any other Bank branch.
There are two systems of Inter Bank Transfer –
RTGS
NEFT
Both these systems are maintained by Reserve Bank of India
Minimum and maximum amount for RTGS / NEFT transactions under Retail Internet Banking
Type Minimum Maximum
RTGS Rs. 2 Lakhs Rs.5 Lakhs
NEFT No Minimum Rs.5 Lakhs


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