Friends, It has already been explained that preparation of DD through internet banking is just like free in SBI. Not only Demand Draft State Bank of India provides many facilities to their customers through internet banking. A view on bank charges charged by State Bank of India is detailed given below :-
- Charges/Limits shown below are subject to change and bank may change it without prior notice.
- Per day limit includes standing instructions/ scheduled transactions fro the day as also the bank charges pertaining to the transactions, wherever applicable
Min.Transaction Max. Transaction Bank Charges
Amount (Rs.) Amount (Rs.) Per Day (Rs.)
| Transfer to own account | Re 1/- | 10,00,000/- | NIL |
| Creation of e - TDR/ e - STDR | 1,000/- | 10,00,000/- | NIL |
| Creation of e - RD (Monthly instalment) | 100/- | 10,00,000/- | NIL |
| Transfer to other account in SBI | Re 1/- | 5,00,000/- | NIL |
| Transfer to PPF (max 12 transactions per annum) | 500/- | 70,000/- | NIL |
| State Bank Group Transfer (SBGRPT) | Re 1/- | 5,00,000/- | NIL |
| Inter Bank Transfer (NEFT) | Re 1/- | 1,00,000/- | Rs.5 per Transaction |
| Inter Bank Transfer (NEFT) | Above Rs. 1,00,000/- | 2,00,000/- | Rs.15 per Transaction |
| Inter Bank Transfer (NEFT) | Above Rs. 2,00,000/- | 5,00,000/- | Rs.25 per Transaction |
| Inter Bank Transfer (RTGS) | Rs.2,00,000/- | 5,00,000/- | Rs.25 per Transaction |
| Transfer through Credit Card (VISA) Bill pay | Re 1/- | 25,000/- Per Transaction(Per day Max. Rs.50,000/-) | Rs.15 per Transaction |
| Draft Issue | Re 1/- | 10,000/- | NIL |
| Draft Issue | Above Rs.10,000/- | 1,00,000/- | Rs. 50 per Transaction |
| Draft Issue | Above Rs. 1,00,000/- | 5,00,000/- | Rs. 100 per Transaction |
| IRCTC Transactions | Re 1/- | 5,00,000/- | Rs. 10 per Transaction |
| Merchant Transaction | Re 1/- | 5,00,000/- | NIL |
| i-collect ( wherever applicable) | Re 1/- | 1,00,000/- | Rs.10 per Transaction |
| i-collect ( wherever applicable) | Above Rs. 1,00,000/- | 5,00,000/- | Rs.20 per Transaction |
| Stop payment of cheques | One cheque leaf | No limit | Rs. 50 per leaf (Max Rs. 200) |
| No. of active Gift Card at a time | 1 Card | 10 Cards | Waived till 31-03-2012 |
| Gift Card Topup | 500/- | 50,000/- | NIL |
| Contribution to New Pension System | For Tier-1 : Rs 500 For Tier-2 : Rs 250 | 5,00,000/- | NIL |
| OLTAS (Income Tax etc.) and Service tax | Re 1/- | 10 Lacs (Can be increased to Rs. 2 Crore) | NIL |
| Other Taxes (State Govt. taxes, Customs Duty etc) | Re 1/- | 10,00,000/- | NIL |
| Bill payment | Re 1/- | 5,00,000/- | NIL |
| IPO (Retail Investors) | Re 1/- | 2,00,000/- | NIL |
| IPO (HNI) | Above 2,00,000/- | 1 Crore | NIL |
| DMAT (Lien marking) | Re 1/- | 1 Crore | NIL |
| Donation | Re 1/- | 5,00,000/- | NIL |
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