NEFT - National Electronic Funds Transfer Timings, Limit & more

NEFT Limit

Roshani Ballal Posted on December 09, 2025

Amount Transfer Limit on NEFT

National Electronic Funds Transfer (NEFT) is a 24x7 service that allows you to seamlessly transfer funds from one bank account to another. Available throughout, the RBI has set the minimum NEFT limit as ₹1 with no upper limit.

However, while the RBI has not imposed any maximum NEFT limit, banks have the discretion to set limits as per their policies and approval. Generally, banks set a maximum limit on the amount you can transfer in one transaction or throughout the day.

To know the NEFT limit of your bank, ask a representative, either by visiting the branch or by contacting customer care. You can also check the limit on the official website of the bank.

To know more about NEFT and the limit by some top banks, read on.

What are Some Popular Terms Related to NEFT Amount Limit?

There are three types of limits you are likely to come across when exploring the NEFT limit set by your bank:

1. NEFT Maximum Limit

This refers to the maximum amount that you can transfer per transaction.

2. NEFT Minimum Limit

This is the minimum amount of money that you can transfer per transaction. Typically, there is no lower limit, and you can transfer as low as ₹1. However, this depends on the bank with which you initiate the transaction.

3. NEFT Limit Per Day

The NEFT transfer limit per day refers to the maximum amount you can transfer in one day. It is also referred to as the NEFT maximum limit per day.

FAQs on NEFT Limit

Is there a limit on NEFT transfers?

The Reserve Bank of India (RBI) imposes no limit on the fund transfer amount via NEFT. However, your banking partner may impose an upper cap based on their risk perception. However, there is no minimum limit for NEFT transfers.

How many NEFT transactions can be done in a day?

The NEFT limit per day varies across banks. Moreover, the limit is on the cumulative value of your transactions and not on the number. So, you can make as many transfers as you want as long as you do not exhaust the daily transaction value limit.

What is the maximum limit of NEFT transfer?

There is no limit on the maximum amount of money you can transfer via NEFT, as per the Reserve Bank of India. However, individual banks may, in some cases, impose a maximum limit based on their risk perception.

Is there any additional charge on NEFT transactions?

There are no charges on inward NEFT transactions. Moreover, RBI has advised banks not to levy any charges to savings account holders for online NEFT transactions. Additionally, there is a cap on charges that originating banks can levy.

This depends on the transaction value and can go up to only ₹25 + GST.