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Domestic Money Transfer Charges Customer Convenience Fees is min Rs.10/txn or 1%

Domestic Money Transfer Charges Slab 1Customer Convenience Fees is min Rs.10/txn or 1%

Dear  As you are aware, Government of India introduced GST law from 1 July 2017. Based on recent clarifications, our partner banks are changing the money transfer (remittance) pricing to make it standard & transparent as per GST law. In the new model, Bank will charge uniform customer charges of 1% on each remittance. The bank will be remitting GST for the transaction directly to the government.

Domestic Money Transfer Charges Slab 1 Customer Convenience Fees is min Rs.10/txn or 1%
Transaction Amount Slab FROM | TO			Customer Convenience Fees (Including GST)	Customer Convenience Fees (Net GST)	Master Distributor (MM)	Distributor (DM)	Agent Commission (AM)
₹10		₹100	₹10.00	₹8.47	₹0.22	₹0.22	₹1.03
₹100		₹1,000	₹10.00	₹8.47	₹0.22	₹0.22	₹1.03
₹1,001		₹1,100	₹11.00	₹9.32	₹0.35	₹0.35	₹1.63
₹1,101		₹1,200	₹12.00	₹10.17	₹0.48	₹0.48	₹2.22
₹1,201		₹1,300	₹13.00	₹11.02	₹0.60	₹0.60	₹2.81
₹1,301		₹1,400	₹14.00	₹11.86	₹0.73	₹0.73	₹3.41
₹1,401		₹1,500	₹15.00	₹12.71	₹0.86	₹0.86	₹4.00
₹1,501		₹1,600	₹16.00	₹13.56	₹0.98	₹0.98	₹4.59
₹1,601		₹1,700	₹17.00	₹14.41	₹1.11	₹1.11	₹5.18
₹1,701		₹1,800	₹18.00	₹15.25	₹1.24	₹1.24	₹5.78
₹1,801		₹1,900	₹19.00	₹16.10	₹1.37	₹1.37	₹6.37
₹1,901		₹2,000	₹20.00	₹16.95	₹1.49	₹1.49	₹6.96
₹2,001		₹2,100	₹21.00	₹17.80	₹1.62	₹1.62	₹7.56
₹2,101		₹2,200	₹22.00	₹18.64	₹1.75	₹1.75	₹8.15
₹2,201		₹2,300	₹23.00	₹19.49	₹1.87	₹1.87	₹8.74
₹2,301		₹2,400	₹24.00	₹20.34	₹2.00	₹2.00	₹9.34
₹2,401		₹2,500	₹25.00	₹21.19	₹2.13	₹2.13	₹9.93
₹2,501		₹2,600	₹26.00	₹22.03	₹2.26	₹2.26	₹10.52
₹2,601		₹2,700	₹27.00	₹22.88	₹2.38	₹2.38	₹11.12
₹2,701		₹2,800	₹28.00	₹23.73	₹2.51	₹2.51	₹11.71
₹2,801		₹2,900	₹29.00	₹24.58	₹2.64	₹2.64	₹12.30
₹2,901		₹3,000	₹30.00	₹25.42	₹2.76	₹2.76	₹12.90
₹3,001		₹3,100	₹31.00	₹26.27	₹2.89	₹2.89	₹13.49
₹3,101		₹3,200	₹32.00	₹27.12	₹3.02	₹3.02	₹14.08
₹3,201		₹3,300	₹33.00	₹27.97	₹3.14	₹3.14	₹14.68
₹3,301		₹3,400	₹34.00	₹28.81	₹3.27	₹3.27	₹15.27
₹3,401		₹3,500	₹35.00	₹29.66	₹3.40	₹3.40	₹15.86
₹3,501		₹3,600	₹36.00	₹30.51	₹3.53	₹3.53	₹16.46
₹3,601		₹3,700	₹37.00	₹31.36	₹3.65	₹3.65	₹17.05
₹3,701		₹3,800	₹38.00	₹32.20	₹3.78	₹3.78	₹17.64
₹3,801		₹3,900	₹39.00	₹33.05	₹3.91	₹3.91	₹18.24
₹3,901		₹4,000	₹40.00	₹33.90	₹4.03	₹4.03	₹18.83
₹4,001		₹4,100	₹41.00	₹34.75	₹4.16	₹4.16	₹19.42
₹4,101		₹4,200	₹42.00	₹35.59	₹4.29	₹4.29	₹20.02
₹4,201		₹4,300	₹43.00	₹36.44	₹4.42	₹4.42	₹20.61
₹4,301		₹4,400	₹44.00	₹37.29	₹4.54	₹4.54	₹21.20
₹4,401		₹4,500	₹45.00	₹38.14	₹4.67	₹4.67	₹21.79
₹4,501		₹4,600	₹46.00	₹38.98	₹4.80	₹4.80	₹22.39
₹4,601		₹4,700	₹47.00	₹39.83	₹4.92	₹4.92	₹22.98
₹4,701		₹4,800	₹48.00	₹40.68	₹5.05	₹5.05	₹23.57
₹4,801		₹4,900	₹49.00	₹41.53	₹5.18	₹5.18	₹24.17
₹4,901		₹5,000	₹50.00	₹42.37	₹5.31	₹5.31	₹24.76