For transfers between Rs 1 lakh and Rs 2 lakh, the NEFT charge will be cut to Rs 3 from Rs 12. For transfers above Rs 2 lakh, the fee has been fixed at Rs 5 against Rs 20 now. For RTGS transactions, the charges will be Rs 5 for transactions between Rs 2 lakh and Rs 5 lakh against Rs 20 now. Here, the NEFT charges will be Rs 2.50 for transactions up to Rs 10,000 and Rs 5 for transfers between Rs 10,001 and Rs 1 lakh. For transactions above Rs 1 lakh and up to Rs 2 lakh, the charge stands at Rs 15 and Rs 25 for those above Rs 2 lakh.

Source: The Telegraph July 13, 2017 19:34 UTC