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.
Mobile Banking (MB)
Retail Internet Banking (RIB)
|Transaction Limit for IMPS|
|Daily Minimum Limit for Channel (MB & RIB)||INR 1|
|Daily Maximum Limit for Channel (MB & RIB)||INR 10 lakhs|
|Daily Minimum Limit for Branch||INR 1|
|Daily Maximum Limit for Branch||NA|
NEFT Services are now available 24x7.