Currently there are twelve settlements from 8 am to 7 pm on week days.

What are the neft timings. The NEFT Transaction Timing refers to the period during which the electronic transaction can be made and the same can be presented to the RBI for its clearance. From December 2019 NEFT service is available on all days of the year including holidays. Until December 2019 NEFT transactions could be performed only between 800 AM and 630 PM from Monday to Friday and between 800 AM and 1230 PM on Saturdays.

Also The settlement of the first batch will commence after 0030 hours and the last batch will end at 0000 hours. The National Electronic Funds Transfer NEFT is an electronic payment system that facilitates direct one-to-one payments across the country. Therefore the beneficiary can expect to get the credit for the transactions put through between 8 am to 5 pm on weekdays on the same day.

Using this facility you can electronically transfer funds from any bank branch to any individual having an account with any other bank branch in the country that is a part of the NEFT scheme. Internet Banking or mobile app is Nil. According to RBI There will be 48 half-hourly batches every day.

Earlier the NEFT timing of transactions was from 800 AM to 630 PM from Monday to Friday only. NEFT transfers have now been divided into half-hourly batches with the settlement of the first batch starting after 1230 am after midnight and the last batch ending at midnight. The NEFT system will be available on all days of the year including holidays as per notification of RBI.

The settlement of the first batch commences after 0030 hours and the last batch ends at 0000 hours. Earlier this facility could be availed only on working days between 800 Am and 700 PM. If you are already using NEFT you must be aware that the transactions in this system are carried out in batches.

NEFT is a 247 facility settled batch-wise. NEFT is now available 247 365 days. 9 σειρές 800 am to 100 pm.