What fees apply to National Electronic Fund Transfer (NEFT) transactions?

Question

pravesh.sharma · Accepted Answer

Maximum of Rs 2.50 + Service Tax for transactions under Rs 10,000.
Maximum of Rs 5 + Service Tax for transactions over Rs 10,000 and under Rs 1 lakh.
Maximum of Rs 15 + Service Tax for transactions over Rs 1 lakh and under Rs 2 lakhs.
Transactions costing more than Rs 2 lakh have to pay the fees maximum of Rs 25 plus service tax.

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What fees apply to National Electronic Fund Transfer (NEFT) transactions?

Related Questions

What is National Electronic Fund Transfer (NEFT)?

What is the benefit of using National Electronic Fund Transfer (NEFT)?

Question : What is the full form of NEFT?Option 1: National Electronic Funds Transfer Option 2: National Electronic Financial Transaction Option 3: National Electronic Fund Transfer Option 4: National Electronic Finance Transaction

Question : What is the full form of NEFT?Option 1: National Electronic Funds Transfer Option 2: National Electronic Financial Transaction Option 3: National Electronic Fund Transfer Option 4: None of the above

Question : The ___________ system allows banks to settle their interbank transactions electronically. Option 1: Real-time gross settlement (RTGS)Option 2: Automated Teller Machine (ATM)Option 3: Point of Sale (POS)Option 4: National Electronic Funds Transfer (NEFT)

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Question : What is the full form of NEFT?
Option 1: National Electronic Funds Transfer

Option 2: National Electronic Financial Transaction

Option 3: National Electronic Fund Transfer

Option 4: National Electronic Finance Transaction

Question : What is the full form of NEFT?
Option 1: National Electronic Funds Transfer

Option 2: National Electronic Financial Transaction

Option 3: National Electronic Fund Transfer

Option 4: None of the above

Question : The ___________ system allows banks to settle their interbank transactions electronically.

Option 1: Real-time gross settlement (RTGS)
Option 2: Automated Teller Machine (ATM)
Option 3: Point of Sale (POS)
Option 4: National Electronic Funds Transfer (NEFT)