Post Office Counter Limits for NEFT/RTGS transactions

 Reference:

Service charges for customer initiated NEFT outward transactions across counter are:

For transactions up to ₹ 10,000 - ₹ 2.50 + Applicable GST

For transactions above ₹ 10,000 up to ₹ 1 lakh - ₹ 5 + Applicable GST

For transactions above ₹ 1 lakh and up to ₹ 2 lakhs - ₹ 15 + Applicable GST

For transactions above ₹ 2 lakhs and not exceeding the maximum limit -

₹ 25 + Applicable GST

However, no charges are levied for outward NEFT transactions initiated through eBanking & mBanking channels.

Minimum & Maximum amount per transaction for NEFT Remittance across the counter is Rs.1/- and Rs.15,00,000/- respectively.

The limit per transaction is Rs 2,00,000/- for outward NEFT through eBanking & mBanking channels.

The maximum number of transactions permitted per day are five. Daily Transaction limit for outward NEFT initiated through eBanking & mBanking services is Rs.10,00,000/-.

There is a time variable transaction capping for eBanking & mBanking to mitigate fraud risk. Hence maximum transaction limit for outward NEFT initiated through eBanking/mBanking from 8 PM to 8 AM is Rs.2,00,000/-.

Clarification received from CEPT during January 2022

The limits for NEFT/RTGS transactions at counter are decided as under :-

In home SOL, the minimum and maximum limit for NEFT/RTGS transactions through counter may be fixed same as through E-Banking and Mobile Banking as communicated vide SB Order 8/2022 dated 18.05.2022, Para No. 3 of Annexure-II.

In other than home SOL, the minimum limit for NEFT & RTGS transactions limit may be fixed same as through E-Banking and Mobile Banking. However the maximum limit for NEFT & RTGS transactions through counters may be fixed as Rs. 50,000/- and Rs. 2,00,000/- respectively.

This issues with the approval of Competent Authority.

with regards,

Puneet Bijaraniya

Asst. Director General (FS-II)

Financial Services Division
Room No 344, Dak Bhawan
New Delhi - 110001
Ph No: 011-23096105