SBI NEFT Charges 2025

SBI customers can conveniently use SBI NEFT (National Electronic Funds Transfer) through internet banking to transfer money between bank accounts, pay bills, and manage various financial transactions.

This secure and efficient service allows fund transfers to any bank across India. It's important to be aware of the applicable SBI NEFT charges and SBI NEFT RTGS charges, which may vary based on the transaction amount and mode of transfer.

Let us read about SBI NEFT charges in detail.

You may also want to know about SBI Balance Enquiry Toll-Free Number

SBI NEFT Charges 2025

Below are the service charges applicable for NEFT transactions:

Essential details required to make an SBI NEFT payment

Below are the details to be provided by the Remitter:

• Amount to be remitted
• Remitter Account Number (applicable for RTGS & NEFT transactions through account)
• Beneficiary Customer Account Name
• Beneficiary Customer Account Number
• Name of the beneficiary bank and branch
• Beneficiary Branch’s IFSC
• Sender’s and Beneficiary’s LEI number (for eligible transactions)
• Sending Customer’s Name & Address
• Sending Customer’s Mobile No/Email ID
  
  While using these services, it's important to check the applicable SBI NEFT RTGS charges, as they may differ based on the transaction amount and whether the transfer is done online or at a branch.

SBI NEFT Timings

Amount for NEFT transactions under Retail Internet Banking

How to transfer funds through NEFT from SBI to SBI account?

Follow the below steps to transfer funds through NEFT from SBI to SBI account:

• Step 1: Log in to the SBI internet banking account.
• Step 2: Click on the Payments/ Transfer option
• Step 3: Under the ‘Within SBI’ tab, choose ‘Accounts of Others’.
• Step 4: Select the account and enter the amount you want to transfer.
• Step 5: Select the beneficiary account number and time of transfer.
• Step 6:  Select the beneficiary details and click ‘Submit’.
• Step 7:  Accept the terms and conditions and click on ‘Submit’. 

How to transfer funds through NEFT from SBI to another bank account?

Follow the below steps to transfer funds through NEFT from SBI to SBI account:

• Step 1: Log in to the SBI internet banking account.
• Step 2: Click on the Payments/ Transfer option
• Step 3: Under the ‘Outside SBI’ tab, choose ‘other bank transfer’.
• Step 4: Click on the interbank beneficiary option, select EFT, and proceed.
• Step 5: Select the account and enter the amount you want to transfer.
• Step 6: Select the beneficiary account number and time of transfer.
• Step 7:  Select the beneficiary details and click ‘Submit’.
• Step 8:  Accept the terms and conditions and click on ‘Submit’.

How to Pay Credit Card Bills using SBI NEFT?

• Follow the below steps to pay your credit card bill using SBI NEFT:
• Step 1: Log in SBI Internet Banking account.
• Step 2: Add your credit card (if not added)
• Step 3:  Provide IFSC code of the credit card
• Step 4: Enter the 16 digit SBI credit card number.
• Step 5: Enter the Bank name, bank address of credit card company/bank.
• Step 6: Click ‘Submit’ to finish.

SBI NEFT Address