As I pointed there is no change in NEFT timings.

What is the neft timings now. New NEFT Timings Effective from 10th July 2017 To make it more customer friendly RBI announced that from 10th July 2017 the settlement will be on half hourly basis. The second and fourth Saturdays are also not operational for NEFT. If you are already using NEFT you must be aware that the transactions in this system are carried out in batches.

1900 hrs 0000 hrs. 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. Also The settlement of the first batch will commence after 0030 hours and the last batch will end at 0000 hours.

According to RBI There will be 48 half-hourly batches every day. This is expected to revolutionise the retail payments system of the country governor Shaktikanta Das said during the Monetary Policy press conference. The Reserve Bank will make available the NEFT system on a 24x7 basis from December this year.

This will allow the bank customers to transfer the money all around the clock. Please note that all the above timings are based on Indian Standard Time IST only. However as mentioned earlier both services process the transactions differently.

0000 hrs 0100 hrs. This is now extended up to 6 PM. What are the Timings for an NEFT Transfer.

48 settlements on all days including holidays with the first batch commencing after 0030 hours and the last batch ending at 0000 hours. Unlike NEFT IMPS is a. However in case of RTGS the earlier customer transaction last timing was 430.