NEFT transfer or National Electronic Fund Transfer refers to the popular payments system that allows the electronic transfer of money from one account to another in the same bank or to another bank. Under the Indo-Nepal Remittance Facility Scheme, the method also facilitates the one-way transfer of funds across borders from India to Nepal. The NEFT procedure is fairly simple and easy to follow and can be availed as long as both your bank and the beneficiary’s bank are NEFT-enabled. Though the service is accessible offline too, the online NEFT transfer service, which is available 24x7, makes it extremely easy to transfer and receive funds whenever you want to. You can make credit card bill payments, loan interest payments, EMI payments, and much more using NEFT transfer.
At any point in time, post initiating money transfer through NEFT, you can track the NEFT transfer status by contacting your bank’s NEFT Customer Facilitation Centre (CFC). The beneficiary too can track the NEFT payment status by contacting their bank’s CFC. However, do note that you would need to provide the NEFT transaction number to the CFC team to track the NEFT status.
Bank Name |
Contact number |
E-mail Address |
Axis Bank |
022- 24253491 022-24253492 022-24253493 |
cfc@axisbank.com |
Citibank |
022- 6132 8761 022- 6132 8891 022- 6132 8570 |
paylink.rtgs@imcap.ap.ssmb.com rtgs.citi@citi.com pay.ops@citi.com India.citiservice@citi.com |
HDFC Bank |
022-30752044 022-30752053 |
neftoutward@hdfcbank.com neftinward@hdfcbank.com |
RBL Bank |
022- 48829025 022- 48829042 |
rtgsneftoperation@rblbank.com |
State Bank of India |
022-27560743 022-27560746 |
neft@sbi.co.in |
More About Payments & Other Credit Cards |
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NEFT transfer (or National Electronic Funds Transfer) refers to the process of electronically transferring money from one account to another in the same bank or to another bank. Under the Indo-Nepal Remittance Facility Scheme, NEFT transfer can also be used to facilitate the one-way transfer of funds across borders from India to Nepal. You can use NEFT transfers to pay EMIs, credit card bills, loan interest, and much more.
Yes, NEFT is safe and reliable. It is carried out over encrypted channels and is managed by the Reserve Bank of India.
Online payment through NEFT does not attract any fees. However, NEFT transfers done at branches can be chargeable depending on the amount you wish to transfer and the bank’s internal regulations.