How can I send more than 10 lakhs?
Through Internet banking — (if you have created a beneficiary earlier and the thrd party limit is set >9 lakhs,)then you could do the same through internet banking (onlinesbi, or through YONO app). NEFT: Maximum transfer per day is Rs. 10 lakhs – RTGS – Minimum Rs.
How can I transfer my SBI more than 10 lakhs online?
How do I go about using this service?
- Avail Internet Banking facility for your account with transaction rights.
- Log on to www.onlinesbi.com using Internet Banking ID and Password.
- Access the Profile tab and click on the Manage Beneficiary link.
- Select Inter Bank Payee from the options provided.
How do I transfer a large amount of money between banks?
How to Transfer Money from One Bank to Another
- Go to your bank’s website to link accounts.
- Proof of account ownership.
- Provide the necessary information.
- Very the account.
- Verify the deposits.
- Start transferring money from one bank to another.
- Apps.
- Writing a Check.
How can I transfer more than 2 lakhs?
Transfers up to Rs 2 lakhs to Other Bank Accounts are done through IMPS (Immediate Payment Service) which is real-time and available 24×7 including Sundays and bank holidays. Transfers greater than Rs 2 lakhs and up to Rs 10 lakhs to Other Bank Accounts are done through NEFT (National Electronic Funds Transfer).
How can I send a large amount of money online?
Three ways through which you can transfer money by mobile, internet banking
- NEFT, RTGS and IMPS are the three methods by which one can transfer funds through mobile, internet banking.
- IMPS is a real-time payment service that is available round the clock, including on holidays.
How can I transfer more than 5 lakh in SBI?
IMPS Transfer
- Log into your online SBI account.
- Choose “Payment/Transfer” and select “IMPS fund transfer”.
- Opt for “Person to Person”.
- Enter the transaction amount.
- An OTP (One-time password) will be sent to your registered mobile.
- Use this OTP to verify the transaction.