SBI waives charge on IMPS fund transfer of up to 1,000

SBI waives charge on IMPS fund transfer of up to 1,000
GST
Dated:- 12-7-2017

New Delhi, July 12 (PTI) Country's largest bank SBI has waived charges for fund transfer of up to ₹ 1,000 through its IMPS (Immediate Payment Service) to promote small transactions.
State Bank of India had been charging ₹ 5 along with the applicable service tax for IMPS fund transfer of up to ₹ 1,000.
IMPS is an instant interbank electronic fund transfer service through mobile phone

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