Ost To Pst Conversion

[EduGorilla]

Full form of NEFT

National Electronic Funds Transfer (NEFT) as the name suggests is a payment mechanism facilitating one-to-one funds transfer. Under NEFT, individuals can electronically transfer funds from one bank branch to any individual (having an account with another bank branch) nationwide. NEFT can be done via internet banking, mobile banking, and customer banking.

NEFT transaction charges
Transaction Amount
NEFT Charges (+GST)
Up to 10,000 INR                                     2.50 INR
10,000 to 1 Lakh INR                                    5 INR
1 Lakh – 2 Lakh                                          15 INR
2 Lakh – 5 Lakh                                          25 INR
5 Lakh- 10 Lakh                                          25 INR