Bulk Transfer In Axis Bank In Bexar
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FAQ
Yes, you can transfer Rs. 20 lakhs through RTGS. Since there is no upper limit for RTGS transactions, transferring such amounts is possible and often done for large-value payments.
For individual account holders, the limit often extends to ₹10 lakh per transaction. However, there is technically no upper limit imposed by the NEFT system itself. Banks may set their own caps, especially for higher-value transfers, as part of their internal security protocols.
Xls Type of the excel should be in excel(97-2003) format. All the contents of the excel sheet should be in text format, except the amount which should be in number format upto 2 decimals. Save the excel file on your desktop/device and click on 'Browse' to select the file.
The RTGS system is primarily meant for large value transactions. The minimum amount to be remitted through RTGS is 2 lakh. There are no charges for RTGS. Under normal circumstances the beneficiary branches are expected to receive the funds in real time as soon as funds are transferred by the remitting bank.
Transaction Limits & Charges TransactionPer day Limit (in Rs.) Interbank Transfer - RTGS 25,00,000 IMPS Per Txn Limit 5,00,000 Quick Transfer Per Txn Limit 50,000 Per Day Limit 50,000 Credit Card VISA Transfer 1,00,00016 more rows
20 lakhs in one day? You can use NEFT to transfer the amount.
There is no limit or maximum amount for NEFT Transactions. However, each bank may have certain specified limits for their NEFT services. For example, HDFC Bank has an NEFT Transfer Limit of Rs. 25 Lakhs per day per customer ID if the transaction is done through online mode.
