RTGS/NEFT

RTGS:-Real Time Gross Setlment An electronic payment system in which payment instructions between banks are processed and settled individually and continuously, on a real time basis, throughout the day. Available for transaction value of Rs.2.00 lacs and above. NEFT:-National Electronic Fund Transfer Another electronic payment system in which payment instructions between banks are processed andContinue reading “RTGS/NEFT”

SMS BANKING

SBI account holders can now instantly get the desired account information as well as enjoy an array of banking services with SBI SMS Banking and mobile services at their own convenience. With SBI SMS Banking service, account holders can check SBI account balance, manage a bank account, pay utility bills, and successfully transact anytime, anywhere.

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