SBI waives RTGS, NEFT, IMPS charges for online fund transfers

In order to provide an impetus to digital funds movement, country's largest bank, State Bank of India, has waived charges on national electronic funds transfer (NEFT) and real-time gross settlement (RTGS) transactions through internet and mobile banking from July 1. Charges on fund transfer through mobile phones using the IMPS (immediate payment service) from August 1.

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