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 National Electronic Fund Transfer (NEFT):
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Lakshmi Vilas Bank is proud to offer the National Electronic Fund Transfer system (NEFT) facility.
NEFT enables an efficient, secure, economical and reliable system of transfer of funds between accounts of customers of different Banks.
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Features and Benefits
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Electronic payment system in which payment instructions between banks are processed and settled on deferred net settlement (DNS) basis at fixed times during the day.
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There is no minimum or maximum stipulated transaction value for using this facility.
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NEFT facility is available in all the branches of our Bank.
Funds transferred under NEFT will be credited to the beneficiary’s account on the same day or next day.
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Inward remittance is free.
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No courier/postal charges payable by customers.
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Secured Transfer of funds across the Banks.
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Information required for Transfer of funds
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Sender’s Account number
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Sender’s Name
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Amount of Transaction
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Beneficiary Account number
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Beneficiary Name
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Beneficiary Bank Name
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Beneficiary Branch Name
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IFSC of the receiving branch. (IFSC is printed on cheque leaves or available in RBI Website.)
Sender to receiver information, if any
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Charges
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Transaction Hours
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The NEFT service is available from 9.00 hours to 17.00 hours on week days(Monday-Friday) and from 9.00 hours to 12.00 noon on Saturday
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NEFT system work on all days except on Sundays and common National Holidays across the states.
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The request for NEFT will be accepted up to 15 minutes before the cut off timings at our Branches.
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Other Links
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click here to view the NEFT-Customer Facilitation Centre
Frequently Asked Questions
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