DEP TRF Means in SBI statement

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Quick Summary
DEP TRF in SBI bank statement means Deposit Transfer, usually indicating transfer of funds to a fixed deposit or between accounts within the same bank.

Transfer to Fixed Deposit Account

transfer to fixed deposit account 

"DEP TRF" in an SBI statement typically stands for "Deposit Transfer." It indicates a transfer of funds from one account to another within the same bank. 

"DEP TRF" in an SBI statement typically stands for "Deposit Transfer." It indicates a transfer of funds from one account to another within the same bank. 

DEP TRF = Deposit Transfer 

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