2023 2024 Student Forum > Management Forum > Main Forum

 
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1st November 2017, 12:10 PM
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Join Date: Aug 2012
Re: Kotak Mahindra Bank NEFT Charges

NEFT Charges of the Kotak Mahindra Bank

You may use this option to transfer funds to any Third Party (Beneficiary) holding an account with a bank other than Kotak Mahindra Bank, if the beneficiarys bank participates in RBI National Electronic Funds Transfer (RBI - NEFT). These funds transfers are executed using Reserve Bank of Indias InterBank Transfer Scheme.

NEFT Transaction Timing
Your account will be debited online. Requests received before 6:00 pm IST on all Mumbai working days (Monday to Friday) and 12:00 pm IST on working Saturdays in Mumbai will be sent by us to RBI in the respective clearing cycles

NEFT Transaction Timing

Beneficiary maintains an Account with Nepal SBI Bank Ltd. (NSBL): Rs. 25 per txn (incl all taxes).

If Beneficiary does not maintain an Account with Nepal SBI Bank Ltd (NSBL): Upto Rs. 5,000 Rs. 75 per txn
& beyond Rs. 5,000 Rs. 100 per txn (incl all taxes

For more information you may Contact to the Kotak Mahindra Bank the contact Detials Are given below

Contact Detials
Kotak Mahindra Bank
1860 266 2666


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