Beneficiary account name look-up facility for RTGS, NEFT transactions soon; how it will reduce wrong money transfersMoney transfer via RTGS, NEFT: The Reserve Bank of India (RBI) has suggested a new functionality that permits remitters using RTGS and NEFT...
09 Oct, 2024, 02.39 PM IST
HDFC Bank asks customers to avoid this money transfer facility on April 1, 2024: Delay in salary and other paymentsIn an email to customers, HDFC Bank has said that this mode of money transfer may not be available on Monday, April 1, 2024. The bank has s...
01 Apr, 2024, 11.37 AM IST
Transfer via NEFT, RTGS: What happens if money is not credited to beneficiary account on time, penalty banks have to payIf it is not possible to pay credit to the beneficiary's account for any reason, originating banks must return the transaction (to the orig...
26 May, 2023, 01.12 PM IST
NEFT, RTGS facility to be available for post office savings account holders from this dateThis facility enables Post Office Savings Bank customers to transfer funds to and from other bank accounts to POSB accounts in Department o...
19 May, 2022, 12.41 PM IST
Transfer money via NEFT 24x7 from Dec 16; from Jan 1 it will be free of cost. Here's all you need to knowNEFT allows individuals, firms, corporates to transfer money from one bank branch account to another one anywhere in the country. Earlier, ...
14 Dec, 2020, 02.30 PM IST
RBI urges customers to use digital banking facilities amid coronavirus outbreakNEFT is central bank-controlled interoperable payment channels used for fund transfer by a customer between different accounts. These trans...
16 Mar, 2020, 05.42 PM IST
From January, banks cannot charge you for online NEFT transactionsThe RBI has mandated all banks to stop charging savings account customers for NEFT use from Jan '20.
08 Nov, 2019, 08.31 PM IST
Transfer funds via NEFT 24X7 from December 2019NEFT is a payment system facilitating funds transfers from one bank account to another.
07 Aug, 2019, 12.34 PM IST
SBI waives off charges on NEFT, RTGS and IMPSWith effect from July 1, 2019, no RTGS, NEFT charges will be levied on customers for transactions done via YONO, Internet banking and mobil...
12 Jul, 2019, 04.08 PM IST
RBI removes NEFT, RTGS payment charges to push digital transactionsRBI has removed charges for NEFT, RTGS payments. It has asked banks to pass on benefits to customers.
12 Jul, 2019, 04.08 PM IST
RBI directs banks to follow NEFT guidelines strictlyThe Reserve Bank today directed banks to strictly follow guidelines on NEFT, an online inter and intra bank fund transfer.
22 Jan, 2014, 09.20 PM IST
- RBI cuts RTGS deals threshold to Rs 1 lakh till tomorrow
The Reserve Bank today said it has cut down the threshold limit in Real Time Gross Settlement System transactions to Rs 1 lakh from existin...
08 Jun, 2012, 04.00 PM IST
- BoR implements NEFT facility in all branches
Private sector, Bank of Rajasthan, (BoR) today announced the implementation of National Electronic Funds Transfer (NEFT) facility in its br...
08 Sep, 2008, 06.42 PM IST
- 'Real' customer services from the banking sector
Internet and mobile banking brought about a revolution in the banking sector.
21 Aug, 2008, 12.00 AM IST
- Corp Bank launches NEFT through ATMs
Karnataka-based Corporation Bank has launched national electronic funds transfer (NEFT) through ATMs, the first state-run bank to do so.
16 Apr, 2008, 10.30 PM IST
- Corp Bank first state-run bank to launch NEFT via ATMs
Karnataka-based Corporation Bank has launched national electronic funds transfer (NEFT) through ATMs, the first state-run bank to do so.
16 Apr, 2008, 07.59 PM IST
- Post Office may join payment clearance system
The Post Office may well get to provide seamless fund transfer, with an RBI panel recommending that the Post Office be linked to the cleari...
22 Sep, 2007, 01.17 PM IST