NEFT

HDFC Bank Advises Customers To Avoid Using NEFT Money Transfer Method On April 1: Check Details

To transfer money HDFC Bank customers can utilize alternative transaction methods like Immediate Payment Service (IMPS), Real Time Gross Settlement (RTGS), and Unified Payments Interface (UPI).

Apr 01, 2024, 13:22 PM IST

After UPI, NEFT, RTGS Reserve Bank Of India Now Prepares For 'Lightweight Payment System'

RBI is planning to introduce a lightweight payment and settlement system (LPSS) that can operate from anywhere with minimal staff. The LPSS will be activated on a need basis and will operate independently of existing payment systems, such as RTGS, NEFT, and UPI.

Jun 01, 2023, 20:35 PM IST

Post Office savings account holders to get NEFT, RTGS facility: Check details here

PO saving account customers, on the other hand, will be able to use the RTGS service starting May 31, 2022.

May 23, 2022, 18:49 PM IST

SBI transaction rules changing from next month --All you want to know

SBI has enhanced the limit on IMPS transactions from Rs 2 lakh upto Rs 5 lakh. 

Jan 14, 2022, 12:29 PM IST

Check SBI’s service charges on IMPS, NEFT and RTGS transactions– See complete chart here

Though SBI will charge customers along with GST on IMPS through bank branches from next month, there will be no charges on transactions through Digital Channels.

Jan 05, 2022, 15:22 PM IST

Doing online transactions? Know what will happen to money if IFSC code is wrong

The IFSC code is used in online banking systems such as NEFT, IMPS, and RTGS.

Nov 15, 2021, 21:03 PM IST

Transferring money online? Here’s everything you need to know about IMPS, NEFT, RTGS and more

The National Payments Corporation of India is in charge of the Immediate Payment Service (IMPS).

Oct 25, 2021, 19:58 PM IST

IMPS vs RTGS vs NEFT: What is the difference between these online funds transfers and minimum amount of transaction?

Since July 2019, RBI stopped levying charges on transactions through NEFT and RTGS, with an aim to promote digital transactions in the country.

Oct 08, 2021, 12:20 PM IST

NEFT beneficiary identification: 5 things you need to take care of before transferring money

Before doing an NEFT fund transfer, users must be aware of certain essential details required for remitting funds to the beneficiary.

Aug 11, 2021, 17:38 PM IST

NEFT not working? Here’s how you can still transfer money online

The RBI had urged banks to ensure that their customers are aware of the temporary blackout of the NEFT services. 

May 23, 2021, 08:23 AM IST

RBI alert! You won’t be able to do NEFT transfers on THIS date

Although NEFT system would not be available for bank customers on May 23, RTGS system will continue to be operational as usual during this period.

May 18, 2021, 08:12 AM IST

Big alert for online banking! NEFT transfers not to be operational on Sunday

This mean that although NEFT system would not be available for bank customers during the above mentioned time, RTGS system will continue to be operational as usual during this period.

May 17, 2021, 13:31 PM IST

RTGS not working: Find out why and how to transfer funds for now

The RBI had also directed banks to advise their customers so that they can plan their payment operations accordingly.

Apr 18, 2021, 10:22 AM IST

Bank update! RTGS will not work between these dates

India’s Central Bank has cited technical upgrade of its RTGS facility as the reason behind this temporary shut down. 

Apr 15, 2021, 11:43 AM IST

Alert! RTGS won’t be operational on April 18: Here’s what RBI said about NEFT

The RBI said in a statement that Real-time gross settlement (RTGS) service will not be available from 12 am on April 18 till 2 pm on Sunday. However, RTGS members will continue to receive event updates through system broadcasts, the bank revealed. 

Apr 12, 2021, 19:58 PM IST

RTGS online fund transfer service available 24X7 from today

Earlier, RTGS was available for customers from 7.00 am to 6.00 pm on all working days of a week, except second and fourth Saturdays of every month.

Dec 14, 2020, 09:34 AM IST

Good news! RTGS fund transfer service to be available 24X7 from This date

Currently, RTGS is available for customers from 7.00 am to 6.00 pm on all working days of a week, except second and fourth Saturdays of every month.

Dec 10, 2020, 18:33 PM IST

Customers' rejoice! Contactless card transactions limit to be enhanced to Rs 5,000 from January 1, 2021

RBI said that the move is aimed to make payments in a safe and secure manner, especially during the current pandemic. 

Dec 04, 2020, 13:00 PM IST

RTGS fund transfer service to be available 24X7 in next few days, says RBI Governor Shaktikanta Das

Currently, RTGS is available for customers from 7.00 am to 6.00 pm on all working days of a week, except second and fourth Saturdays of every month.

Dec 04, 2020, 12:38 PM IST

New RTGS timings: Know all about RTGS and its transactions

Since July 2019, RBI stopped levying charges on transactions through NEFT and RTGS, with an aim to promote digital transactions in the country.

Dec 01, 2020, 15:46 PM IST