List of Public and Private Sector Banks in India with NEFT facility
National Electronic Funds Transfer (NEFT) is a nationwide facility to transfer funds electronically between any two bank accounts (i.e inter bank funds transfer). As per Reserve Bank of India (RBI) there are 62,000 bank branches out of 75,000 that are enabled with NEFT facility. Maximum time taken to transfer the amount to the beneficiary account is one business day. NEFT facility is available between 9am and 5pm during weekdays and 9am to 12pm during Saturday and Sunday is holiday. This facility is applicable to transfers with in India. Please click
here to get the list of branches with NEFT facility.
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