INTRODUCED charges on UPI. These charges make small value payments over UPI more EXPENSIVE than those on national electronic fund transfer (NEFT). Transactions from Rs 1 to Rs 25,000 will be CHARGED Rs 3 plus taxes while those above Rs 25,000 to Rs 1 lakh will be charged Rs 5. As against this the NEFT charges are Rs 2.5 for transactions up to Rs 10,000 and Rs 5 for transactions above Rs 10,000. It will be charged from JULY 10.

"> INTRODUCED charges on UPI. These charges make small value payments over UPI more EXPENSIVE than those on national electronic fund transfer (NEFT). Transactions from Rs 1 to Rs 25,000 will be CHARGED Rs 3 plus taxes while those above Rs 25,000 to Rs 1 lakh will be charged Rs 5. As against this the NEFT charges are Rs 2.5 for transactions up to Rs 10,000 and Rs 5 for transactions above Rs 10,000. It will be charged from JULY 10.

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Which bank introduced charges on UPI recently?

Current Affairs Business in Current Affairs . 3 years ago

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HDFC Bank has INTRODUCED charges on UPI. These charges make small value payments over UPI more EXPENSIVE than those on national electronic fund transfer (NEFT). Transactions from Rs 1 to Rs 25,000 will be CHARGED Rs 3 plus taxes while those above Rs 25,000 to Rs 1 lakh will be charged Rs 5. As against this the NEFT charges are Rs 2.5 for transactions up to Rs 10,000 and Rs 5 for transactions above Rs 10,000. It will be charged from JULY 10.

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Posted on 30 Mar 2022, this text provides information on Current Affairs related to Business in Current Affairs. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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