SBI-Nepal Express Remittance
Nepal SBI Bank Limited, jointly with State Bank of India, has introduced
a robust Electronic Fund transfer Mechanism (EFT) namely "SBI-Nepal
Express Remit" to provide faster and convenient mode of remittance
facility for the Nepali migrants in India by disbursing cash for such
remittances to the beneficiaries residing all across Nepal through
Electronic Fund Transfer Mechanism (EFT).
Features: 
- Faster and Convenient
- Minimum Charge
- Direct Credit to beneficiary's Account with NSBL
- Less Service Charge to remitter if beneficiary has an account
with NSBL
- No Service Charge from Beneficiary maintaining account with
NSBL and/or cash disbursement through Prabhu Money Transfer
- More than 988 paying outlets in Nepal
Fee Structure
- To be levied from Remitter at SBI Branches,India
- For beneficiaries not maintaining account with NSBL: IRs.1.50
per IRs.1000.00 or part thereof with a minimum of IRs.150.00 and
maximum of IRs.3000.00.
- For beneficiaries maintaining accounts with NSBL: IRs.1.00 per
IRs.1000.00 or part thereof with a minimum of IRs.75.00 and maximum
of IRs.1500.00.
- For the beneficiaries maintaining account with bank other than NSBL, NRs 100.00 per transaction as handling charge is recoverable from the beneficiary in case of payment through banker's cheque
This service can be availed from all branches
of State Bank of India
For
more inofrmation regarding Remittance Service Contact:
Reconciliation Department
Corporate Office BGSN Wing Thamel,
Bharatiya Gorkha Sainik Niwas, Kathmandu, Nepal.
Phone: 01-4420350,2113749
Fax no: 01-4423408
Email: recondept@nsbl.com.np
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