Indian Bank provides its customers with the facility of fund transfer through NEFT. Customers can avail the NEFT service either by visiting the bank and filling the Indian Bank NEFT Form or online through mobile banking or internet banking.
How to fill Indian Bank NEFT Form?
There are 2 ways to avail Indian Bank NEFT service –
1. Online
Customers can fill the Indian Bank NEFT Form online by providing the following details –
- Name, account number, Indian Bank IFSC code / other Bank IFSC Code of the beneficiary
- Account type of the beneficiary
- Amount to be remitted
- Select NEFT as transfer type mode
2. Offline
Customers can fill the Indian Bank NEFT Form offline by providing the following details
- Name, account number, IFSC code of the beneficiary
- Account type of the beneficiary
- Name, account number and IFSC code of the remitter
- Amount to be remitted
- Type of account of both beneficiary and remitter
Indian Bank NEFT Timings
NEFT operates in 48 half-hourly batches starting from 00:30 hours till 00:00 hours. This service is available 24×7 for 365 days, including holidays.
Also Read: Indian Bank Timings
Indian Bank NEFT Benefits
- Cost effective
- Highly reliable
- Secure mode of fund transfer
Indian Bank NEFT Limit
According to the Reserve Bank of India (RBI), cash remittance is permissible up to Rs.50,000/- only during an offline transaction and for online transaction, there is no limit. For non-customers also cash remittance is permissible up to Rs.50,000/- only.