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  • Question

  • Which Bank has made online transactions through RTGS and NEFT free of cost from November 1?


  • Options
  • A. HDFC Bank
  • B. Karur Vysya Bank
  • C. ICICI Bank
  • D. SBI Bank

  • Correct Answer
  • HDFC Bank 

    Explanation

    Private sector lender HDFC Bank has made online fund transfer through RTGS (Real Time Gross Settlement) and NEFT (National Electronic Funds Transfer) free with effect from November 1, with an aim to promote digital economy.

    According to the revised charges, customers of savings and salary accounts of HDFC Bank will not have to pay any charge for transferring funds online using its RTGS and NEFT facilities.

    • Tags: AIEEE, Bank Exams, CAT, Bank Clerk, Bank PO

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