National Electronic Funds Transfer (NEFT) is a nationwide payment system facilitating one-to-one funds transfer. Under this Scheme, individuals can electronically transfer funds from any bank branch or online banking to any individual having an account with any other bank in the country participating in the Scheme.
Channels for Transacting
- Mobile Banking (MB)
- Retail Internet Banking (RIB)
- Corporate Internet Banking (CIB)
| Transaction Limit | NEFT |
| Daily Minimum Limit for Channel (MB & RIB) | INR 1 |
| Daily Maximum Limit for Channel (MB & RIB) | INR 35 lakhs |
| Daily Minimum Limit for Branch | INR 1 |
| Daily Maximum Limit for Branch | NA |
**Please connect with your nearest branch to increase transaction limit for retail channels.
Click here to view the Schedule of Charges.
NEFT Transaction Timings
NEFT Services are now available 24x7.
