Loading...

NEFT (National Electronic Fund Transfer)

Providing the Customers with the facility of NEFT fund transfer as a Direct member Bank.

  • Speed: While not as instant as RTGS, NEFT offers relatively fast transfers, especially compared to traditional methods.
  • Security: NEFT is a secure system, backed by RBI's robust infrastructure.
  • Accessibility: It is widely available in most banks in India.
  • Cost-effective: Generally, NEFT transactions are more cost-effective than RTGS, especially for small amounts.
  • Time: Due to batch processing, NEFT transfers may take a few hours to complete, depending on the time of the transaction and the batch processing schedule.
NEFT Charges
Sr.No  Outward Transactions Period Charges
1 1 To 50000 Free
2 50001 to 200000 Free
3 200001 to 500000 Free
4 500001 to Above Free