Each Collection through NEFT is charged at Rs. 28.09 ?

[assemblerz]

Hi
I just have come accross an instance where I got charged for receiving NEFT from a buyer. Further I spoke to my bank , who told me that each NEFT transaction is charged at Rs. 25 per transaction + 12.36% Service tax. So you end up paying Rs. 28.09 per transaction to receive a NEFT.

I am just wondering if anyone else got such charge? Is the NEFT of ebay is also charged? If yes we are spending Rs. 225 per month just to receive our own money using the New Paisapay? Is there any way we can go back to old paisapay(DD system) which was free of cost to receive money?
I hope ebay answers this query that is new paisapay free?

Regards,
Rahul
Assemblerz

[knight.jewellery.auctions]

Which bank are you using ??

I have never paid any such charges till today.

Change your bank immediatly use UTI / ICICI OR HDFC.

[cosycom]

Dear All , My ICICI Bank is charging me Rs.25/- + tax for all NEFT collections from PaisaPay as well as Paypal.

Narinder
cosycom

[skygiftworldwide]

Hi Narinder,

ICICI Bank and HDFC Bank do not charge for NEFT transactions whether it is from PaisaPay or PayPal. It is limited to some of the branches. Please contact your branch for the same.

My HDFC Bank branch don't charge.

Regards,

[cochinmall]

Most of the nationalised banks do not charge for incoming NEFT transfer.Dont use ICICI,they just cheat people.:-(

Rahul
cochinmall