Payment of Transaction Charges and Cash-out Incentives on Direct Benefit Transfer (DBT) and PAHAL transactions

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All DBT and PAHAL (including kerosene) transactions to be routed through the National Payment Corporation of India (NPCI). A transaction cost of Rs. 50/- would be payable for each transaction to be shared between the sponsor banks, destination entities and NPCI in the ratio of Rs.0.10, Rs.0.25 and Rs.0.15 in accordance with the extant NPCI Circular (Circular No.136 dated 23.11.2015).

May 27, 2017 at 08:45AM

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from Editor

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