Thursday, July 05, 2012

Waiver of Bank charges on NEFT transactions up to Rs. 1 Lac only


Bank charges on NEFT transaction up to Rs. 1 Lac is fully waived w.e.f. 1st July, 2012. In terms of communication received from Ministry of Finance, Govt. of India, Bank charges on NEFT transactions up to Rs. 1 Lac have been reviewed and Board of Directors in its Meeting held on 30.06.2012 has approved waiver of charges on NEFT transaction up to Rs. 1 Lac only, which would be applicable only for customers of the Bank.

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