NEFT System

• National Electronic Funds Transfer (NEFT) system is a nationwide funds transfer system to facilitate transfer of funds from any bank branch to any other bank branch.
• Up to 2 lakhs NEFT.
• NEFT amount will be transferred within in a day.
• Timings 10 AM TO 6 PM
• The Beneficiary gets the credit on the same Day or the next Day depending on the time of settlement.
• The essential information that the remitting customer has to furnish is Beneficiary details such as Beneficiary name and account number. Name and IFSC of the Beneficiary bank branch.