NEFT
National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Under this system, individuals can electronically transfer funds from their account to any individual having an account with any other bank branch in the country participating in the system.
NEFT can be done through
Internet Banking Mobile Banking Branch BankingTimings : 24 x 7 x 365* on Digital Banking Channels
Transaction Limits (Digital Banking Channel)
Type of Account | Limit / Transaction | Limit / Day | Charges |
---|---|---|---|
Savings Account | UPTO Rs. 2,00,000 | UPTO Rs. 5,00,000 | Nil |
Current Account | UPTO Rs. 2,00,000 | UPTO Rs. 5,00,000 | Nil |