Indian Bank NEFT Charges

Customers can do NEFT transactions both online and offline. If the customer needs online access, they can use Internet banking, mobile banking, or the Indian Bank application. If the customer wishes to perform the transaction offline, they must complete the NEFT application form and present it to a bank branch.

Here is the table to show the charges of NEFT by the Indian Bank-

Here is a list of advantages of NEFT services from the Indian Bank-

• Real-time money transfer to the beneficiary account and secure settlement.
• A wide network of branches provides pan-India coverage.
• The NEFT system can be utilized for a range of transactions, such as credit card payments, EMI payments, and so on.
• Email or SMS confirmation to the remitter and recipient account holders.
• The online access is open 24 hours a day, 365 days a year.

There are two main ways to make NEFT transfers through the Indian Bank, and they are-

For the offline method, it is necessary to visit the bank and fill out the NEFT transfer form in the below-mentioned manner-

• Amount to be remitted: Enter the amount to be transferred from your account.
• Mention the Indian bank account number from which the transaction amount should be debited.
• Name of the beneficiary bank and branch: Indicate the beneficiary of your transactions as well as the beneficiary's branch.
• IFSC Code: The IFSC Code is extremely significant. Fill in the receiving branch's IFSC code.
• Fill in the beneficiary customer's name without making any mistakes.
• Account number of the beneficiary customer: Write the account number carefully and double-check it.
• Submit: Send to bank officials.

The online method to make NEFT payments through the Indian Bank is in the below-mentioned steps-

Step 1: You will have to visit the official Indian Bank portal and log in with your credentials (in the case if you have not registered for internet banking services, you will have to register for the service through your documents)

Step 2: Once you have logged in, you can navigate to the section of transfers and click on the NEFT option.

Step 3: Under NEFT, you will have to add the beneficiary.

Step 4: Once the beneficiary has been added, you would have to choose them.

Step 5: Enter the amount you want to transfer and click on send.

Step 6: If the transaction is successful, you will be displayed a reference ID that you can use for future purposes.

Step 1: You would have to log in to the mobile banking application, and if you have not registered for the mobile banking application, you will have to download the application and register.

Step 2: Once you have already logged in with the credentials, you will have to navigate to the payment section.

Step 3: Add the beneficiary (which means the account number, IFSC code, bank, and other details need to be entered.)

Step 4: Once the beneficiary has been added, you would have to make the payment, which means entering the amount and choosing the beneficiary to make the payment.

Step 5: Click on proceed, and when it is a high amount, you will be asked to cross-verify the payment with the grid process on the debit card.

Step 6: Once you have entered the grid numbers and clicked on submit, the payment will be processed.