NEFT
No bank account needed for payments via RTGS, NEFT now; here is how you will benefit
Wed, Apr 07, 2021
Good news for those who use online banking modes like the RTGS and NEFT for making payments. RBI has increased the ambit of the RTGS and NEFT payment modes to non-bank entities payment space including Prepaid Payment Instrument (PPI) issuers, Card Networks, White Label ATM (WLA) operators, Trade Receivables Discounting System (TReDS) platforms)
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Big move by the RBI, NEFT facility available 24x7 now: All you need to know
Mon, Dec 16, 2019
In July, the RBI had waived off all charges on fund transfer through NEFT and RTGS and had also asked banks to pass on the benefits to the customers. Most of the banks like the ICICI Bank, State Bank of India (SBI) and HDFC Bank do not charge anything for online NEFT transfers.
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NEFT payment system news alert! Big step by RBI - Check what it is and how it will benefit you
Sat, Dec 14, 2019
In a major development, the Reserve Bank of India (RBI) has decided to provide an additional collateralised intra-day liquidity facility for smooth operation of payment system National Electronic Funds Transfer (NEFT) on a round-the-clock basis from December 16.
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NEFT Payment Date, Timings, Latest Rules Update: Good news! Big changes announced! Check details, full notification pdf from RBI
Sat, Dec 07, 2019
NEFT Payment Date, Timings, Latest Rules Update: Do you use National Electronic Funds Transfer (NEFT) system to electronically transfer funds from one account to another? If yes, here is good news for you!
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Money transfer on mind? RTGS timings revised by RBI; 5 things you might have missed
Thu, Aug 22, 2019
In another bid to promote digital transactions in the country, the Reserve Bank of India (RBI) has extended the customer transactions timing for Real Time Gross Settlement (RTGS) system by an hour.
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RBI to waive all charges on RTGS, NEFT from July 1: How you are impacted
Wed, Jun 12, 2019
Following up on the announcement made on June 6 after the bi-monthly monetary policy review, the Reserve Bank of India on Tuesday evening announced that it will waive all charges on fund transfer through popular RTGS and NEFT systems from July 1.
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NEFT charges! You pay this much for your transactions, but soon, it will be free
Mon, Jun 10, 2019
Reserve Bank of India (RBI) made some major announcement in June, 2019 policy. Among these was the waiving off charges imposed in the Real Time Gross Settlement System (RTGS) and National Electronic Funds Transfer (NEFT). Instructions for this will be soon communicated to banks.
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