NEFT (National Electronic Funds Transfer) is a country wide fund transfer system whereby individuals, firms and corporates can transfer funds electronically from one bank to another. When UCO Bank customers are unable to obtain their net banking or mobile banking account they can make transactions offline by visiting the bank branch and using the UCO Bank NEFT Form.
How to fill UCO Bank NEFT Form?
UCO Bank provides NEFT service to all the customers which they can avail in a number of ways:
Offline
Customers can fill the UCO Bank NEFT form 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
- Walk-in customers can also deposit cash at the NEFT-enabled branches with instructions to transfer funds using NEFT
Online
Customers can also transfer money through NEFT using UCO Bank net banking & mobile banking. Simply fill in the following details of the beneficiary and select NEFT as fund transfer type
- Name
- Account number
- IFSC code of the beneficiary
UCO Bank NEFT Service
UCO Bank is NEFT enabled as per the Reserve Bank of India (RBI) and it takes advantage of the core banking systems in India.
UCO Bank NEFT Limit
There is no minimum limit when it comes to UCO Bank NEFT. But, the maximum limit of amount transfer via UCO Bank NEFT is Rs.500.00 lakh for cash-based remittances and remittances to Nepal.
UCO Bank NEFT Timings
NEFT transfers are done in 23 settlement batches, which are cleared during the day. The first batch starts at 8:00 AM and the final batch is at 7:00 PM
UCO Bank NEFT Settlement Timings
| Days | NEFT Batches |
| Monday – Saturday | 8:00,8:30,9:00,9:30,10:00,10:30,11:00,11:30,12:00,12:30,13:00,13:30,14:00,14:30,15:00,15:30, 16:00,16:30,17:00,17:30,18:00,18:30,19:00 hours |
UCO Bank NEFT Charges
UCO Bank NEFT Charges are as follows:
- Up to Rs. 10,000/- Rs. 2.95 per transaction
- Above Rs. 10,000 to Rs. 1 Lakh Rs. 5.90 per transaction
- Above Rs. 1 Lakh up to Rs. 2 Lakh Rs. 17.70 per transaction
- Above Rs. 2.00 lakh Rs. 29.50 per transaction
Frequently Asked Questions
Can a customer carry out a transaction including payment of credit card dues via UCO Bank NEFT?
Yes, cardholders can use UCO Bank NEFT service to clear out their credit card dues. This can be done by filling the UCO Bank NEFT Form online.
How can a remitter track the transaction made through NEFT?
A customer can track the transaction using the unique transaction reference number provided at the time of initiating the funds transfer or through the originating bank branch.
Can a remitter initiate the remittance sitting at home?
Yes, any remitter can use internet banking portal to initiate remittance. Account holder will only be required to fill UCO Bank NEFT Form online to avail seamless remittance from the convenience of home.
How is the acknowledge of fund transfer conveyed to the remitter?
UCO Bank acknowledges NEFT fund transfer through SMS or email.