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It (Group Payment or GRPT) is an on line fund transfer facility available to customers maintaining account in the group of banks coming under State Bank of India (SBI) - such as State Bank of Hyderabad, State Bank of Travancore, and many other similar banks in State Bank of India Group - The group includes SBI also.
It appears that there is no transfer fee for this mode of transfer.
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What is GRPT transfer in SBI?
Group payment transfer facility in State Bank & State bank of Travancore.
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What is the use of GRPT?
State Bank Group Transfer (GRPT) is a special service that allows you to transfer funds among all branches of State Bank Group.
What is GRPT transfer in SBI?
Group payment transfer facility in State Bank & State bank of Travancore.
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