POSB RTGS/NEFT: The Department of Posts (DOP) has sent off NEFT and RTGS administration for mail center investment account holders to do digital transactions. These facilities have been begun under the management of the Ministry of Communications. POSB account holders can utilize the NEFT/RTGS administration beginning from May 31, 2022. At present the preliminary of this component is going on.
As indicated by an explanation, the Department of Posts said, “This is concerning the rollout of NEFT/RTGS office for POSB accounts which will be functional for POSB account holders from 31.05.2022. NEFT/RTGS to POSB account holders.” Publicity about the office might be made through notice sheets of all mail centers in open regions.
NEFT/RTGS Charges and Limit on Post Office Savings Account
- Rs 2.50 + GST for exchanges up to Rs 10,000
- Rs 5 +GST for exchanges above Rs 10,000 and up to Rs 1 lakh
- Rs 15 +GST for exchanges above Rs 1 lakh and up to Rs 2 lakh
- Rs.25 +GST for exchanges above Rs.2 lakh
Key Features of NEFT and RTGS Facility
- No charges are demanded for outward NEFT exchanges started through e-banking and m-banking channels.
- The minimum and maximum charges per exchange for NEFT settlement over the counter are Rs.1 and Rs.15,00,000.
- The cutoff for outward NEFT through e-banking and m-banking channels is Rs 2,00,000 for each exchange.
- Its day to day exchange limit is five. The day to day exchange limit for outward NEFT started through e-banking and m-banking administration is Rs.10,00,000/ – .
- There is a period variable exchange covering for e-banking and m-banking to decrease the gamble of extortion.
How to complaint in Post Office NEFT/RTGS?
Complaints can be made through India Post client care number 1800 2666 868.
An objection can be held up under Financial Services, Savings Bank Service in India Post site https://www.indiapost.gov.in/VAS/Pages/ComplaintRegistration.aspx.
Through SP-CRM in any post office branch.
