Canara Bank NEFT Charges - Limits, Timings and Process

Canara Bank implies certain charges on transactions made through NEFT. Given below are the latest Canara Bank NEFT charges for various transaction amounts:

There are two main ways to make NEFT payments and transactions through Canara Bank, and they are:

•  Canara Bank NEFT Online Transfer

This is the most commonly used method for completing an NEFT transaction. Online fund transfers are only available to Canara Bank savings account holders. Log in to your Canara Bank online banking or mobile application and follow the below-given instructions: 

• Step 1: Sign in to the online banking account of Canara Bank.
• Step 2: Click on the 'NEFT' option under 'Funds Transfer,' then on 'Add Beneficiary.'
• Step 3: Provide the beneficiary's information, including the beneficiary's name, account number, and the bank's IFSC code.
• Step 4: Confirm and add the recipient.
• Step 5: After adding the beneficiary, the user can transfer funds by selecting the beneficiary's name. Enter the amount and press the submit button.
• Step 6: The user will receive an SMS confirmation after the amount has been transferred.

•  Canara Bank NEFT Offline Transfer

To carry out NEFT transactions offline in Canara Bank, you must visit the bank branch and follow the instructions provided below:

• Step 1: Fill out the Canara Bank NEFT form and provide the beneficiary details. 
• Step 2: Enter all the details and submit the form at the counter.
• Step 3: The bank executive will provide a receipt to the user once the NEFT transfer is successful.
• Step 4: A confirmation notification or message will be sent to the mobile number specified in the NEFT form.

The Canara Bank has not imposed any maximum or minimum Canara Bank NEFT limit for fund transfers. Hence, users can transfer any amount using the NEFT platform of Canara Bank.

Canara Bank NEFT Timings are from 8 am to 7 pm on weekdays (Monday to Friday)  and 8 am to 1 pm on Saturdays. But if a user does the Canara Bank NEFT transactions online, it is available 24x7 for all days. 

However, one must confirm with the bank branch once or visit the official website of Canara Bank (https://canarabank.com/), as these timings can change over time.