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Motilal Oswal
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State Bank of India waives off charges on IMPS, RTGS and NEFT transactions

Updated : July 12, 2019 03:41 PM IST

The SBI will waive off the IMPS charges for fund transfer up to Rs 1,000, as well as reduce NEFT and RTGS charges by 20 percent, through branch banking.
The waiving off of transaction charges for online transfers is an attempt to encourage digital payments.
State Bank of India waives off charges on IMPS, RTGS and NEFT transactions
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