{ 6 Answers… read them below or add one }

j2j January 24, 2011 at 4:12 am

Through RTGS / NEFT Fund Transfer which will cost as low as Rs. 5/- per transaction

Reply

pankaj January 24, 2011 at 4:12 am

thru RTGS/NEFT you can transfer

Reply

rajesh January 24, 2011 at 4:12 am

Rahit,
register for Third Party Transfer in your SBI a/c by visiting the bank and completing a form.

They will activate your third party transfer facility in your net banking.

While logging in your SBI net banking a/c itself you will find links like Third Party Transfer.

Go to that link, it will ask for something like “Add Beneficiary”, add your name, a/c details of PNB a/c there … it will take 1 day to get activated.

After that your PNB a/c details will be available in your Beneficiaries column.

Then you can transfer funds from SBI a/c to PNB a/c.

This method of transfer is normally known as NEFT/RGTS Transfer.
I am not sure about the charges, I think there will be a minimum charge like Rs. 5 for every thousand.

Just call up SBI customer care and find out if they are charging any fees.

Reply

bhavik January 24, 2011 at 4:12 am

Hi Rahit,

NEFT is always better as RTGS is not viable rather has cost associated with it.

Reply

N R January 24, 2011 at 4:12 am

Use funds transfer in Net banking

Reply

cabridog January 24, 2011 at 4:12 am

if you have a PNB net banking service you can do so very easily. Just check about the same and get your transfer done.

Reply

Subscribe to Professional Answers on Investments by Email

Note: You will soon get email from Google Feedburner to confirm your subscription.


Professional Answers on Investments


Leave a Comment

If you are not satisfied with the above answers, tell us below and we will give you right answer.

OR

If you know the better answer, post below and prove your knowledge.


Previous post:

Next post: