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NEFT RTGS Charges Calculator

Work out neft rtgs charges instantly with clear inputs, formula shown and shareable results.

About NEFT RTGS Charges Calculator

Electronic transfer charges are slab-based on the amount, not proportional, so the cost as a share of value falls sharply with size. Real-time gross settlement is used for large values and carries a higher flat charge.

Formula

Transfer charge

Charge = slab fee for the mode and amount, plus tax on the fee

Worked example

With the default values below, NEFT RTGS Charges Calculator returns Total Charge of $29.50. Change any input above and every figure here is recalculated in your browser.

Inputs used

Transfer Amountminimum 0
400,000
Transfer Modeone of NEFT, RTGS, IMPS
NEFT
Tax On Chargesaccepts 0–30 %
18 %

Results

Total Charge
$29.50
Base Charge
$25.00
Tax On The Charge
$4.50
Charge As Share Of The Amount
0.00738%

Step by step

  1. 1Values used
  2. 2Transfer charge
  3. 3Total Charge= 29.50
  4. 4Base Charge= 25.00
  5. 5Tax On The Charge= 4.50
  6. 6Charge As Share Of The Amount= 0.00738

Assumptions and limits

  • The result is derived only from the 3 inputs listed above. Anything not among them is not part of the calculation.
  • In particular, this calculator does not take inflation or compounding frequency into account.
  • Figures are rounded for display to 5 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
  • Figures are estimates based on the inputs given. Bank charges, regulatory minima and market rates change and differ between institutions and jurisdictions. This is not financial advice — confirm with your bank or treasury policy.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Figures are estimates based on the inputs given. Bank charges, regulatory minima and market rates change and differ between institutions and jurisdictions. This is not financial advice — confirm with your bank or treasury policy.

Frequently Asked Questions

Which mode should be used?

Small and urgent transfers suit immediate payment services; large value transfers use real-time gross settlement.

Are these transfers free online?

Many banks waive charges on digital channels for retail customers — the slabs shown are the traditional maxima.

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