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Old 04-28-2010, 01:53 AM
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Join Date: Apr 2010
Location: TN/India
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Default Service Charges for receiving NEFT transfer
Hi,
I've an HDFC bank netBanking account,
My dad have SBI savings account.

If i want to transfer <100000 to my dad account,
I may charged Rs.5 from my HDFC bank.

But How much my dad will be charged for receiving such NEFT transfer?

Thanks in advance....

( Please forgive if this question annoys you )
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Old 04-28-2010, 06:31 PM
sapphirecapital's Avatar
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Join Date: Sep 2007
Location: Montecito, CA, USA
Posts: 366
Default Re: Service Charges for receiving NEFT transfer
not 100% sure, with State Bank of India it is for up to Rs 1 lakh RS 5, and above RS 25, there is an absolute of 25 lakh as well (cieling)
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