Hi guys wanna know abt max limit on money transfer in SBI?



Hi,,i am aware that the max transfer limit from SBI to SBI account is 1 Lakh per day,,but can u transfer 1 lakh amounts to 4 different people (Total of 4 lakhs) in in a single day? please clarify

Hi guys wanna know abt max limit on money transfer in SBI?
Rate these answers

One Reply to “Hi guys wanna know abt max limit on money transfer in SBI?”

  1. The Funds Transfer facility enables you to transfer funds within your accounts in the same branch or other branches. To make a funds transfer, you should be an active Internet Banking user with transaction rights.

    Daily limit for Funds Transfer to own Accounts:
    Between Accounts in the same branch: Rs.10 Lacs.
    Between Accounts across branches: Rs.5 Lacs.
    Daily limit for Funds Transfer to PPF Accounts in the same branch or across branches :Rs.70000. This is subject to a ceiling of Rs.70000, by a maximum 12 deposits, during the Financial Year, for the Principal Amount.





Leave a Reply

Your email address will not be published. Required fields are marked *