No bank account? Check how much cash you can send or receive through ATM, NEFT under RBI domestic money transfer rules
Summary
The RBI has consolidated domestic money transfer rules, retaining existing limits of ₹5,000 per transaction through BCs/ATMs and ₹10,000 for cash payouts. Here's how much you can send or receive, what KYC rules apply, and whether banks can charge you.
Description from Livemint.
Who is covering this
-
No bank account? Check how much cash you can send or receive through ATM, NEFT under RBI domestic money transfer rules
The RBI has consolidated domestic money transfer rules, retaining existing limits of ₹5,000 per transaction through BCs/ATMs and ₹10,000 for cash payouts. Here's how much you can send or receive, what KYC rules apply, and whether banks can charge you.
Comments
Comments need JavaScript.