NEWS & ADVICE : CREDIT CARDS
Online NEFT transactions will be chargeable :PNB
By Ankit Sharma
Oct 6, 2014
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Punjab National Bank has unveiled that bank has decided to charge its customers all online transfer of funds, irrespective of the amount. The bank stated that any transaction made to other bank account through National Electronic Fund Transfer (NEFT) will be charged.

From the beginning of the October the bank has decided to charge the customers for NEFT transactions made online, whereas Inward NEFT remittances will continue to remain free. The charge list is as follows : for the NEFT of up to Rs 10.000 a minimal sum of Rs 3 will be charged. For the transaction ranging from Rs. 10,001 to Rs. one lakh the charges will be Rs 6 and for the transactions greater then Rs one lakh rs 17 will be charged.

In addition to this the PNB bank will also be charging for issuing the EMV based Debit cum ATM card. The bank has informed that for the EMV based debit cum credit card the customers will be required to pay a sum of Rs 100. Further in case the photo is required on the card then the person wil be required to pay an extra amount of Rs 25.


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