INSUBCONTINENT EXCLUSIVE:
Online SBI: SBI offers internet banking services through its portal, onlineSBI.comState Bank of India (SBI) has over the past few weeks
lowered its charges applicable to fund transfer systems
From August 1, the country's largest bank has decided to waive its charges applicable to IMPS transactions initiated through net banking,
mobile banking as well as mobile app YONO
From the same day, it has also decided to waive the charges applicable to IMPS transactions up to Rs 1,000 initiated through bank branches
From July 1, SBI waived its charges on RTGS and NEFT transactions initiated through online banking and YONO, it said on Twitter
has waived its charges applicable to all RTGS and NEFT transactions made through the online banking and YONO routes with effect from July 1
That means no additional charges will be levied from SBI customers initiating NEFT and RTGS fund transfers through internet banking, mobile
banking and the bank's mobile app, YONO.Also, with effect from July 1, the banking major has reduced the charges applicable to RTGS and
NEFT transactions initiated at its branches by 20 per cent
That means SBI customers initiating fund transfers through payments systems NEFT and RTGS by visiting a bank branch will now get a relief of
20 per cent in charges.State Bank of India IMPS chargesWith effect from August 1, SBI has waived its charges applicable to IMPS transfers
initiated through online banking and app YONO from August 1, the lender said on Twitter.Also, with effect from August 1, the bank has waived
its charges on IMPS transactions up to Rs 1,000 initiated at its branches.Get Breaking news, live coverage, and Latest News from India and
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