Kotak Mahindra Bank Limited · statement narration
NEFT CHG
Also printed as: NEFT CHARGES · NEFT COMM · NEFT OUTWARD CHG · NEFT TXN CHG
Decoded
A charge on an outward NEFT transfer. Under RBI rules NEFT sent through internet or mobile banking on a savings account carries no charge.
Hinglish meinNEFT transfer par lagne wala charge. RBI ke niyam ke hisaab se internet ya mobile banking se kiya NEFT savings account par free hai.
- You pay
You pay, Kotak 811 Zero Balance Digital Savings Account
From Kotak 811 — Zero Balance Digital Savings Account
Verified
- Kotak 811 Zero Balance Digital Savings Account
NEFT CHG on your Kotak Mahindra Bank Limited statement — A charge on an outward NEFT transfer. Under RBI rules NEFT sent through internet or mobile banking on a savings account carries no charge. The charge is ₹0.
NEFT transfer charge: what other banks publish
Bank’s own figures, before GST. Where a bank publishes several rates, the bar runs from its lowest to its highest — its table below says which applies to whom. Tap a figure for its source.
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What it costs, including GST1 rule · rate table, conditions and waiver
Kotak 811 Zero Balance Digital Savings Account · Other
₹0
There is nothing to tax — this rule publishes no charge.
Applies when: Kotak 811 only; online transfer context from the official product page.
Why it happened and how to avoid it
Why it happened
An outward NEFT transfer was made, usually at a branch counter rather than through digital banking.
How to avoid it
Send NEFT through your bank's internet or mobile banking app instead of the branch.
Dispute this chargeRBI dispute template, ready to copy
Official source1 document
- Kotak 811 — Zero Balance Digital Savings Account
Retrieved 2026-08-15
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