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NEFT FACILITY
Saturday bank holiday: Are banks open or closed today on May 2, 2026?Banks in India are not open on all Saturdays. So anyone willing to complete their bank work today (Saturday, May 2, 2026) must check if ban...- NEFT, RTGS rule change: Verify beneficiary names easily with new account name lookup facility; when can you use it?NEFT, RTGS rule change: There have been many instances where remitters remitted funds to the wrong beneficiary. This new rule will help to ...
- Soon, you can verify beneficiary bank account name for RTGS, NEFT transactionsThe Reserve Bank of India will introduce a name look-up facility for RTGS and NEFT systems by April 1, 2025. This will allow remitters to v...
- 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...
- 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...
- 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...
- LIC asks policyholders to update bank details for easy claim process: Here’s how to register for NEFT mandateIf you are receiving annuity payments through ECS, you can choose to receive them via NEFT by submitting a mandate, or you can continue to ...
- NEFT facility will not be available during this time on SundayRBI has asked member banks to inform their customers to plan their payment operations accordingly. NEFT Members will continue to receive ev...
- You can soon send money using NEFT, RTGS via a non-bank entityThe central bank has announced that it will allow non banks entities like prepaid instruments issuers, card networks and white level ATMs. ...
- RTGS to be available 24x7x365 from Dec 2020The announcement has come after RBI made the NEFT facility available 24X7 from December 16, 2019. The RTGS facility is used to transfer lar...
- Banks voice concern over RBI's 24x7 fund transfer decisionLenders may face a problem in managing cash balances when money market is shut.
- NEFT transactions to be made 24x7 from December 16Bank customers will be able to transfer funds through NEFT around the clock on all days including weekends and holidays from December 16, t...
- 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.
- Finmin tells RRBs to use sponsor banks infrastructure to become NEFT-enabledThe ministry of finance has directed regional rural banks to use sponsor banks IT architecture to become part of the NEFT system .
- BoR implements NEFT facility in all branchesPrivate sector, Bank of Rajasthan, (BoR) today announced the implementation of National Electronic Funds Transfer (NEFT) facility in its br...
- 'Real' customer services from the banking sectorInternet and mobile banking brought about a revolution in the banking sector.
- Corp Bank launches NEFT through ATMsKarnataka-based Corporation Bank has launched national electronic funds transfer (NEFT) through ATMs, the first state-run bank to do so.
- Corp Bank first state-run bank to launch NEFT via ATMsKarnataka-based Corporation Bank has launched national electronic funds transfer (NEFT) through ATMs, the first state-run bank to do so.
- Post Office may join payment clearance systemThe Post Office may well get to provide seamless fund transfer, with an RBI panel recommending that the Post Office be linked to the cleari...
- Now use NEFT for small transactionsYour transactions below Rs 1 lakh will be routed via National Electronic Funds Transfer, instead of RTGS.
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