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What is NEFT? What are the transaction or service charges for NEFT transactions? What are the NEFT Transaction timings? Apply Online Funds Transfer NEFT ........................................ RTGS ........................................ IMPS ........................................ Charges ........................................ IFSC Codes ........................................ View Demo ........................................ Q1.What is NEFT? National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Under this Scheme, individuals can electronically transfer funds from any bank branch to any individual having an account with any other bank branch in the country participating in the Scheme. TOP Q2.What are the transaction or service charges for NEFT transactions? NEFT Charges - Inward Nil NEFT Charges - Outward For transactions up to Rs 1 lakh - Rs 5 + Service Tax For transactions above Rs 1 lakh and up to Rs 2 lakhs - Rs 15 + Service Tax For transactions above Rs 2 lakhs upto Rs 5 lakhs - Rs 25 + Service Tax TOP Q3.What are the NEFT Transaction timings ? NEFT Transaction Timing from Monday to Friday: Start time 9:00 AM(IST) Cut off time 6:30 PM(IST) NEFT Transaction Timing on Saturday: Start time 9:00 AM(IST) Cut Off time 12:30 PM (IST) Note: NEFT is allowed only on working days. TOP
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http://www.icicibank.com/Personal-Banking/onlineservice/online-services/FundsTransfer/... 5/26/2012