National Electronic Funds Transfer (NEFT)

You can receive funds transfer instantly through NEFT from any NEFT enabled Bank branch.

You can make funds transfer from any of our NEFT enabled branch to any other NEFT enabled Bank branch.

¯ National Electronic Funds Transfer (NEFT) system is an instant, secured and reliable interbank money transfer facility introduced by RBI across the country.

¯ NEFT facility is available in all the Core Banking Solution (CBS) branches of our Bank.

¯ Funds transferred under NEFT will be credited to the beneficiary’s account on the same day.

¯ There is no minimum or maximum amount for remittance through NEFT.

¯ Inward remittance is free.

¯ The commission for outward remittance is as per commission applicable to EFT.

Benefits:

· Secured Transfer of funds across the Banks.
· Funds transferred can be used on the same day by the recipient .
· No courier/postal charges payable by customers.

Transaction Hours:

The NEFT service for customer's transactions is available from 9.30 hours to 16.00 hours on week days(Monday-Friday)
 and from 9.30 hours to 12.00 noon on Saturdays.

 

Requirements for outward / Inward remittance:

· Please fill in the prescribed NEFT application (click here for down loading the application) with the applicable details, which includes beneficiary name, account number, bank and branch, IFS code of the branch, etc. along with the details of the payment.
· The branch where the account is maintained should be a CBS branch.
· Use always your 9 digit CBS account number without any space or hyphen in between for inward remittance.

To know the branches and their IFS codes of our Bank, please click here - NEFT Branches

To know the branches and their IFS codes of all Banks participating in NEFT, please click below
All Banks’ NEFT Branches

For more details please visit any of our CBS branches to avail the instant interbank money transfer facility through NEFT.

Note: The request for NEFT will be accepted up to 15 minutes before the cut off timings at our Branches. In case of Net Banking the requests will be accepted up to 30 minutes before the cut off timings.