Bulk Transfer In Axis Bank In Minnesota
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FAQ
Now conveniently make multiple transactions through a single file upload. All you need to do is to enter all the details in an excel file and upload it in this tool to get the formatted file required by db OnlineBanking.
Currently, we only support CSV and XML files for bulk payments.
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.
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.
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.
You can transfer Rs. 10 lakh in one day in SBI through NEFT or RTGS as there is no maximum limit for NEFT or RTGS transactions. What is the maximum limit for NEFT transfer in SBI? There is no maximum limit for NEFT and RTGS transfers in SBI.
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.
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.
