| February 13th, 2018 03:15 PM | |
| Vishal Kotkar | Re: neft money transfer The National Electronic Funds Transfer NEFT are transferred to the credit account with the other participating Bank using RBI's NEFT service. RBI acts as the service provider and transfers the credit to the other bank's account. This system of fund transfer operates on a Deferred Net Settlement basis. Presently, NEFT operates in hourly batches from 8 am to 7 pm on week days and 8 am to 1 pm on Saturdays. NEFT timing- NEFT transactions will be sent to RBI based on the following schedule: RBI settlement Timings Day Start Time End Time Monday to Friday 08:00 hrs 19:00 hrs Saturday 08:00 hrs 01:00 hrs NEFT transactions are settled in batches based on the following timings: Settlements on weekdays at hourly intervals from 08:00 hrs to 19:00 hrs Settlements on Saturdays at hourly intervals from 08:00 hrs to 01:00 hrs Please note that all the above timings are based on Indian Standard Time (IST) only. NEFT charges- Items Transaction Slab Charges NEFT Upto Rs.10,000- Rs.2.50 Upto Rs.1.00 lac Rs.5.00 Above Rs.1.00 lac to 2.00 lacs Rs.15.00 Above Rs.2.00 lacs Rs.25.00 Contact- Toll free number: 1800 11 2211 Toll free number: 1800 425 3800 Toll number: 080-26599990 |
| February 13th, 2018 03:14 PM | |
| Unregistered | Re: neft money transfer I want to know the timing to money transfer through National Electronic Funds Transfer (NEFT) in State bank of India SBI? |
| June 21st, 2016 03:53 PM | |
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