NEFT


What is NEFT?

National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Under this Scheme, individuals can electronically transfer funds from any bank branch to any individual having an account with any other bank branch in the country participating in the Scheme.

What are the transaction or service charges for NEFT transactions?


Transaction Charges

NEFT

Amounts upto Rs 1 lakh

6 rupees per transaction

28 rupees per transaction

Amounts above Rs 1 lakh and upto Rs 2 lakh


What you need to Submit? (Remitting customer)

  • Amount to be remitted.
  • His/her account number which is to be debited.
  • Name of the beneficiary bank.
  • Name of the beneficiary customer.
  • IFSC of receiving branch.
  • Account number of the beneficiary customer.

IFSC CODE OF OUR BANK: HDFC0CJALOR