PNB increases service charges for NEFT, RTGS and NACH transactions | Popgen Tech


The service charges for Real Time Gross Settlement (RTGS) and National Electronic Fund Transfer (NEFT) transactions have been revised by public sector lender Punjab National Bank. The announcement was issued on 20 May 2022, and the bank is now reducing the service charges listed below on RTGS, NEFT, and NACH EMandate transactions as a result of the change.

RTGS Payments of PNB

Previously, the bank charged 20.00 in the branch and NIL for slabs online RTGS transaction of 2 lakh to 5 lakh, but this has now increased to 24.50 for the branch and 24.00 for online. Previously, the service charge for transactions above Rs. 5 lakh it was 40.00 in the branch and NIL online, but now it has increased to 49.50 in the branch and 49 for online transactions.

RTGS & NEFT Payments of PNB

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RTGS & NEFT Payments of PNB (

Payments of PNB NEFT

On NEFT transactions up to Rs.10,000/- earlier the bank was charging 2.00 in the branch and zero for online transactions, but now it goes up 2.25 in the u branch 1.75 for online transactions. Previously, service charges on transactions above Rs.10,000/- and up to Rs.1 lakh were 4.00 in the branch and nothing online, but now they have increased to 4.75 in the branch and 4.25 for online transactions. Previously, service charges for transactions beyond Rs.1 lakh and up to Rs.2 lakh were 14.00 in the branch and zero online, but now they will be 14.75 in the branch and 14.25 for online transactions. For NEFT transactions above Rs.2 Lakh, branch service charges have been enhanced from 24.00 to 24.75 and 24.25 for online transactions. All the above charges are exclusive of the applicable GST. PNB has mentioned on its website that “No charges from Savings Bank account holders for NEFT fund transfers initiated online.”

PNB NACH EMandate Charges

The charges for the NACH EMandate verification (Online Mandate) from 28-05-2022 onwards are as follows:

PNB NACH Charges

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PNB NACH Charges (

On acceptance, a payment of Rs. 100/- will be charged for internal verification NACH eMandate (Online Mandate). This service fee is exclusive of any GST applicable to the National Automated Clearing House (NACH) mandate.

PNB IMPS Payments

There will be no service charge on transactions up to Rs. 1000 using the Immediate Payment Service (IMPS). Service charges on IMPS transactions between Rs. 1001 and Rs. 1 lakh increased from Rs. 5 to Rs. 6 + GST, while service charges on IMPS transactions beyond Rs. 1 lakh increased from Rs. 10 to Rs. 12 + GST. On 04.05.2022, the bank made these changes.

PNB IMPS Payments

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PNB IMPS Payments (

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