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HomePersonal FinanceBefore transferring money online, know this important news, know what RBI said

Before transferring money online, know this important news, know what RBI said

RBI has told that you will not be able to transfer money online till 2 pm on 23 May. Today the NEFT service will not work for a few hours.




New Delhi: Today if you are going to do online money transfer, then there is important news for you. RBI has told that you will not be able to transfer money online till 2 pm on 23 May. Please tell that on 23 May, NEFT service will not work for a few hours. Let us tell you that the National Electronic Fund Transfer System (NEFT) is a payment system run in the whole country, in which money is transferred from a bank account to another account. Through NEFT, customers can transfer money within minutes. You can transfer money through this facility in any bank branch in the country. RBI had tweeted

Information was already given by tweeting about this from the RBI. The RBI tweeted on May 17, which wrote that NEFT on May 23 from 00:01 am to 14:00 pm (12 pm to 2 am due to technical upgradation after the banks ceased operations on May 22). ) Will not work, but the RTGS facility will continue to work smoothly.

Not the minimum limit,

tell you there is no minimum limit to transfer funds through NEFT, that is, you can transfer any amount of money. On the other hand, if you talk about the maximum limit, then it can be different according to the banks. How much money is transferred from RTGS and IMPS

Apart from NEFT, customers can also transfer money using RTGS and IMPS (Immediate Payment Service). Talking about RTGS, it cannot transfer less than Rs 2 lakh at a time, while the maximum amount is different at different banks. Amount of up to 2 lakh rupees can be transferred in real time through IMPS.

how funds transfers NEFT ‘s you have net banking to transfer funds from

  • NEFT ID Password must be there.
  • After login, you have to go to NEFT Fund Transfer section.
  • Now you have to add the details of the recipient.
  • Enter the receiver name, bank account number and IFSC code in it.
  • You can start the NEFT transfer as soon as the recipient’s add.
  • Now enter the amount you want to send and press the send button.
Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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