Money Transfer To State Bank Of Hyderabad

Hi I have an account in the Axis bank and I want to do Money Transfer to State Bank Of Hyderabad so can you please tell me that what is the process

[Rajkumar Agarwal]

Well yes you can easily dot he Money Transfer to State Bank Of Hyderabad by the Inter Bank Transfer

Inter Bank Transfer Ways

RTGS

NEFT


NEFT –

National Electronic Funds Transfer is process in which money are transferred to the credit account with the other participating Bank using RBI's NEFT service.

RTGS –

Real Time Gross Settlement. The RTGS system facilitates transfer of funds from accounts in one bank to another on a “real time” and on “gross settlement” basis.

Limit for the payment

Type Minimum Maximum

RTGS Rs. 2 Lakhs Rs. 5 Lakhs

NEFT - Rs. 5 Lakhs

Timings

Day Start Time End Time

Monday to Working Saturday 8:00 hrs 16:00 hrs

The Remitter has to provide the following details:

Amount to be remitted

Account number which is to be debited

Name of the beneficiary bank

Name of the beneficiary

Account number of the beneficiary

Remarks or description, if any

The IFSC code of the beneficiary branch