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National Electronic Funds Transfer (NEFT)

Send money securely and conveniently from one bank account to another

Transferring money through NEFT (National Electronic Funds Transfer) Service is......

Convenient

Credited within 30 minutes if done digitally

Simple

Transfer easily through mobile based application or Web based application

Secure

Multi-step verification for safe transactions

Limits

  • Online Transfer:

    7am to 7pm on RBI working day : The maximum amount of funds that can be transferred per day is as per the customer's TPT limit (Maximum upto Rs.50 Lakhs)

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  • From 7pm - 7am on working days & all holidays (including 2nd & 4th Saturdays and Sundays) : A maximum of Rs.2.00 lacs per transaction can be transferred subject to TPT limit. (Multiples of Rs 2 Lacs upto the TPT limit chosen by the customer. Maximum upto Rs. 50 Lakh)

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  • For security reasons, the bank allows you to transfer money up to Rs 50,000/- only to the newly added beneficiary (in full or parts) during the first 24 hours from adding the new beneficiary.

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  • Branch Transfer (During branch working hours):
    As per customer requirement

Fees & Charges

  • NEFT Transactions through Web Based Application & Mobile Based Application and Branch Banking

  • NEFT Transactions through Rapidgrow Society Branches

  • Charges Effective 1st Januray 2025

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* Note : GST Applicable on transactions

Timings

  • Online Transaction Timings:
    NEFT is now available 24*7, 365 days. The settlement to beneficiary will be done as per RBI batches

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  • Transaction through Branches:
    As per Branch working Hours

Frequently asked questions

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