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Good news for HDFC Bank users: RTGS, NEFT transactions made free from Nov 1 on Business Standard. Earlier, customers were levied Rs 25 each for Rs 2-5 lakh online transaction via RTGS and Rs 50 each for such money transfers over Rs 5 lakh
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Good news for HDFC Bank users: RTGS, NEFT transactions made free from Nov 1 Private loan specialist HDFC Bank has influenced online exchanges through RTGS and NEFT to free of cost from November 1, with an intend to advance a computerized economy. Then again, different charges for registration exchanges and also ask for extra leaves will get expensive from ahead of schedule one month from now for non-oversaw funds and pay accounts. As indicated by the reexamined expenses and charges for investment funds and pay accounts, clients won't need to pay any charge for doing on the web exchanges through Real Time Gross Settlement (RTGS) and the National Electronics Funds Transfer (NEFT) from November 1, 2017. Prior, clients were required Rs 25 each for Rs 2-5 lakh online exchange by means of RTGS and Rs 50 each for such cash exchanges over Rs 5 lakh. Online NEFT exchanges pulled in a charge of Rs 2.5 for not as much as Rs 10,000, Rs 5 for Rs 10,001-1 lakh and Rs 15 for above Rs 1 lakh to Rs 2 lakh. For NEFT exchanges of over Rs 2 lakh, there was an expense of Rs 25. In any case, any NEFT or RTGS exchange completed at the bank office will be payable. "The update in NEFT/RTGS online charges is relevant overall retail reserve funds, pay and non-inhabitant clients powerful November 1, 2017," HDFC Bank said in a notice to clients. Click Here To Know More – HDFC BANK
