PNB NEFT Charges

This is the current PNB NEFT charges-

1. Log in to the PNB portal and create an internet banking account by entering your username and password.
2. Go to 'Transactions,' then 'Beneficiary Management,' and finally, 'Manage Beneficiary.'
3. Select the 'Add NEFT Payee' option from the 'Manage Beneficiary' menu.
4. Fill in the beneficiary information and click 'Validate' to validate the account number. Select the 'Continue' button.

The following are the prerequisites for completing the fund transfer using NEFT-

• The NEFT service should include both the originating and destination banks.
• Beneficiary information such as the beneficiary's name, account number, account type, branch name, branch IFSC, and account type should be included.
• Before you can conduct a fund transfer via NEFT, you must first add the recipient to your account.

Step 1: First, go to the PNB website. Provide the username and password to access the internet banking portal.
Step 2: Go to 'Transactions,' then click on the NEFT tab under the 'Transfer to Other Bank Accounts' option.
Step 3: The consumer will be sent to the 'Initiate Simple Payment' page. Fill in the beneficiary account number, amount to be transferred, transaction date, frequency type (one-time, etc.), and any remarks below.
Step 4: Select the 'Continue' option.
Step 5: You will be directed to the 'Initiate Single Entry Payment Confirmation' page. The customer can re-confirm the details, enter the transaction password, and click the 'Submit' button here. If any details are incorrect at this point, click the 'back' button to correct them.
Step 6: If the transaction is successful, it will be displayed on the screen, along with a reference number for the customer. For future reference, the confirmation message can also be saved as a PDF. If necessary, it can also be mailed to the recipient by selecting the 'Send Mail' option.

NEFT is now available 24 hours, seven days a week. It will be available to users around the clock, every day of the year, including holidays.

• Every day, there are 48 half-hourly batches. The first batch is settled after 00:30 hours, while the last batch is settled at 00:00 hours.
• After-hours NEFT transactions are automated transactions started by banks using 'Straight Through Processing' modalities.

Please keep in mind that walk-in customers can only use NEFT services during banking hours. 

To learn more about your branch's banking hours, call the branch and request information. Banks are closed on the second and fourth Saturdays of each month. As a result, NEFT services are unavailable on these days and on bank holidays.

Once their online banking is activated, all Punjab National Bank account holders are automatically permitted to perform NEFT transactions. Clients who do not yet have a PNB account or have not yet activated online banking can do so by making a transfer from the branch after completing a PNB NEFT form. 

You can complete your NEFT transaction by visiting the nearest Punjab National Bank branch. However, ensure that the beneficiary has an NEFT-enabled bank account. The RBI website includes banks that support NEFT.