Cashless Consumer · @cashlessconsumer
112 followers · 443 posts · Server freeradical.zone

It is still sound alternative and given that is free of charge, it probably saves exchequer some money if payments are routed directly from treasury accounts in to beneficiary accounts via instead of and incurring cost.

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Last updated 5 years ago

Cashless Consumer · @cashlessconsumer
112 followers · 443 posts · Server freeradical.zone

State's treasury account held at RBI's CBS is connected to and the payment goes through. Since its , there is no upper limit to the transfer. All that is needed is beneficiary's account number and funds in treasury.

#eKuber #NEFT

Last updated 5 years ago

Cashless Consumer · @cashlessconsumer
112 followers · 443 posts · Server freeradical.zone

2. Policy decision to gradually migrate to use (run free of cost by RBI wef 1.1.2020) instead of NPCI owned infrastructure which charges ministries implementing delivery.

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Last updated 5 years ago