#1
10th May 2017, 08:57 AM
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SBI to Axis Bank Fund Transfer
I have my account in SBI Bank and my client has in Axis Bank. I have to send money into his account. So tell me how I can transfer fund into Axis Bank from SBI Bank?
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#2
10th May 2017, 09:03 AM
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Re: SBI to Axis Bank Fund Transfer
There are many options for fund transfer from SBI Bank to Axis Bank. You can transfer through 2 easy steps: NEFT RTGS Here I am telling you about both services of SBI Bank for your reference: MINIMUM / 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 MINIMUM / MAXIMUM AMOUNT FOR RTGS / NEFT TRANSACTIONS UNDER CORPORATE INTERNET BANKING Type Minimum Maximum RTGS Rs.2 Lakhs Rs.50 lakhs for Vyapaar and Rs.500 crores for Vistaar NEFT No Minimum Rs.50 lakhs for Vyapaar and Rs.500 crores for Vistaar TIME DURING THE DAY/WEEK THE RTGS & NEFT SERVICES ARE AVAILABLE RTGS transactions are sent to RBI as per the following schedule: Day Start Time End Time Monday to Working Saturday 9:00 hrs 16:00 hrs NEFT transactions will be sent to RBI based on the following schedule: Day Start Time End Time Monday to Working Saturday 7:00 hrs 18:30 hrs MANDATORY INFORMATION REQUIRED TO MAKE AN RTGS & NEFT PAYMENT Amount to be remitted. Remitting customer's account number which is to be debited Name of the beneficiary bank. Name of the beneficiary. Account number of the beneficiary. Sender to receiver information, if any IFSC code of the destination bank branch SERVICE CHARGES APPLICABLE FOR RTGS/NEFT TRANSACTIONS NEFT Transactions Existing Charges for Branch Rate for INB Channel Amount (in Rs.) (exclusive of service tax) (exclusive of service tax) Upto Rs.10,000/- Rs.2.50/- Rs.2/- From 10,001/- to 1 lac Rs.5/- Rs.4/- Above 1 lac up to 2 lac Rs.15/- Rs.12/- Above 2 lac Rs.25/- Rs.20/- RTGS Transactions Existing Charges for Branch Rate for INB Channel Amount (in Rs.) (exclusive of service tax) (exclusive of service tax) From 2 lac to 5 lac Rs.25/- Rs.20/- Above 5 lac Rs.50/- Rs.40/- |