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What are the charges for NEFT fund transfer in HDFC Bank?

Author

David Richardson

Updated on March 04, 2026

What are the charges for NEFT fund transfer in HDFC Bank?

Fees and Charges for HDFC Bank NEFT
Transaction amountTransaction fee
Up to Rs.10,000Rs.2.5
From Rs.10,001 to Rs.1 lakhRs.5
Above Rs.1 lakh to Rs.2 lakhRs.15
Above Rs.2 lakh to Rs.25 lakhRs.25

Similarly, is there any charges for NEFT transaction in HDFC?

HDFC Bank NEFT Transaction charges:In regards to NEFT, HDFC Bank levies Rs 2.50 plus GST for transactions up to Rs 10,000. Further above Rs 1 lakh to Rs 2 lakhs - a Rs 15 plus GST is charged. However, in case of above Rs 2 lakh to Rs 25 lakhs, HDFC levies Rs 25 plus GST.

Subsequently, question is, what are the charges for third party transfer in HDFC? Transaction done through HDFC Bank Branches: Amounts Upto Rs 10,000 - Rs 2.50 + Applicable GST. Amounts above Rs 10,000 and upto Rs 1 lakh - Rs 5 + Applicable GST. Amounts above Rs 1 lakh and upto Rs 2 lakh - Rs 15 + Applicable GST.

Hereof, what is the charges for NEFT transfer?

NEFT/RTGS/IMPS Charges, Timings, Limits

Transaction ChargesNEFT Charges (At Branch)
Amounts above Rs 10,000 and upto Rs 1 lakhRs 4.75 + Applicable GST
Amounts above Rs 1 lakh and upto Rs 2 lakhRs 14.75 + Applicable GST
Amounts above Rs 2 lakh and upto Rs 5 lakh (Incl. Rs 2 lakh for RTGS)Rs 24.75 + Applicable GST

What is NEFT transfer in HDFC?

National Electronic Funds Transfer (NEFT) is a nation-wide payment system. Under this Scheme, individuals can electronically transfer funds from any bank branch to any individual having an account with any other bank branch in the country participating in the Scheme. HDFC Bank, India's no.

Can Neft be Cancelled?

Online NEFT can be done only within the mentioned cut off time. We cannot stop the payment or cancel and NEFT trasanction that is already initiated. NEFT is becoming the most preferred e-transfer method.

How long does it take for NEFT transfer?

NEFT means National Electronic Fund Transfer which is a nationwide electronic payment system allowing the quick interbank transfer of funds. The transactions between banks are processed and settled in batches of one hour on netting off basis. Hence, the time to transfer the funds can range between 1-2 hours.

Is Neft transfer immediate?

NEFT or National Electronic Funds Transfer, RTGS or Real Time Gross Settlement and IMPS or Immediate Payment Service are three platforms that enable instant money transfers. NEFT is a payment system that enables electronic transfer of funds from one bank to another bank account.

Does Neft work on Sunday?

NEFT services can be used to send funds through various modes such as net banking, mobile banking or by visiting the bank branch. NEFT is unavailable on Sundays and bank holidays and mostly operate during the working hours of the branch.

Are Neft transactions chargeable?

While NEFT and RTGS transactions through digital means are free, a small fee is imposed if done at branches. NEFT transaction up to ₹10,000, will invite ₹2 plus GST charges. For a transaction above ₹2 lakh via NEFT, SBI will charge ₹20 plus GST.

Which is better RTGS and NEFT?

The fundamental difference between RTGS and NEFT, is that while RTGS is based on gross settlement, NEFT is based on net-settlement. So if you want to transfer large sums of money real time RTGS is better but for small amounts where there is not much urgency NEFT is a Better Option.

How can I check my Neft status?

3) Contact the bank
You can also contact the bank to know if the NEFT transaction status has been completed. You need to give at least 2 hours.

Can we cancel Neft in HDFC?

Hi, It is almost impossible to reverse the funds once transferred via NEFT, RTGS or IMPS. If beneficiary account number to which you have transferred the funds is wrong; in that case, the funds will get reversed to your own account from which you have initiated the transaction.

Do banks charge for RTGS and NEFT?

RBI has removed charges for payments via NEFT and RTGS and asked banks to pass on the benefits to customers. This means that payments via NEFT and RTGS would become either free or charges would be drastically reduced. Banks, in turn, levy charges on their customers.

What are the Neft timings?

NEFT transfers are settled in half-hourly batches every day between 00:30 am and 00:00 am all through the year. NEFT originally settled fund transfers in hourly batches.

Is Neft transfer free?

Come 2020, your National Electronic Funds Transfer (NEFT) transactions will be free of cost. The Reserve Bank of India (RBI) has a gift for savings bank account holders. To promote digital transactions, RBI has directed banks not to charge savings account holders for NEFT with effect from 1st January 2020.

How much is Neft charges?

SBI NEFT Fees and Charges
Transaction AmountTransaction Fee
More than Rs.2 lakhRs.25
More than Rs.1 lakh to Rs.2 lakhRs.15
More than Rs.10,000 to Rs.1 lakhRs.5
Up to 10,000Rs.2.5

What is RTGS and NEFT charges?

RBI has removed charges for NEFT, RTGS payments. It has asked banks to pass on benefits to customers. RTGS is used for transferring high value amounts. The minimum amount that can be currently transferred is Rs 2 lakh. NEFT is a payment system facilitating funds transfers from one bank account to another.

Does Neft charge extra?

Fund transfer through RTGS and NEFT systems have become cheaper from today after the Reserve Bank of India decided on its recent Monetary Policy Meet that it will not impose additional charges on such transactions. During the meeting, the RBI had also asked banks to pass on the benefits to its customers.

What is TPT mode of transfer?

06 December 2014 TPT or Third Party Transfer is the term used for Internet Banking. This facility can be availed without visiting the bank. The funds are transferred through NEFT/RTGS only. TPT is the term used for transfer of funds through NEFT/RTGS using internet banking.

How can I transfer more than 2 lakhs online?

Transfers up to Rs 2 lakhs to Other Bank Accounts are done through IMPS (Immediate Payment Service) which is real-time and available 24×7 including Sundays and bank holidays. Transfers greater than Rs 2 lakhs and up to Rs 10 lakhs to Other Bank Accounts are done through NEFT (National Electronic Funds Transfer).

Is there any charges for closing HDFC bank account?

For closure of savings account, an HDFC Bank customer, depending on the nature and tenure of the account, will have to pay a fee of Rs 500 and if the average monthly balance falls below Rs 20,000 in nonurban centres, it will charge Rs 500 a month, according to its website listing various charges effective January 2012.

Does IMPS transfer charges HDFC?

An HDFC Bank customer will have to pay Rs 5 for every fund transfer up to Rs 10,000 from May 15 for an IMPS. The current charge is Rs 3.5 for such a transaction. Charges remain unchanged between Rs 5 and Rs 10 for the higher quantum up to Rs 2 lakh.

What is HDFC debit card annual fee?

500 + applicable taxes. First year free for HNW customers (Classic, Preferred and. Imperia) & select corporates. Replacement/Reissuance Charges for Debit Cards - Rs. 200 + applicable taxes (W.e.f 1st Dec'16).

What is TPT limit?

Introducing Flexible Third Party Transfer limits on NetBanking. We are happy to introduce Flexible Limits for Third Party Funds Transfer (TPT) on HDFC Bank NetBanking. Now you have the freedom to set your limit for any amount from Rs 50,000 to Rs 10 lacs by clicking on the 'Modify TPT Limit' option.

How can transfer more than 2 lakhs in HDFC?

Increase TPT limits
  1. Click on the Funds Transfer tab, select "Modify TPT Limit" from the Request section, click on "INCREASE", and chose your desired TPT limit from the drop down menu.
  2. Authenticate the transaction with your Debit Card Details + One Time Password (OTP) sent to your registered Mobile number.

Does HDFC charges for international transactions?

*Please note that the above charges are charged by HDFC Bank.

Foreign Currency Transaction Fee On HDFC Bank Credit Cards.

HDFC Bank credit cardsCross Currency Markup FeeCash Advance Fee
JetPrivilege World3.5% of the transaction amount2.5% of the amount withdrawn or Rs.500 whichever is higher

How much money can be transferred through Neft in a day?

25 Lakh per day per customer ID via online NEFT Transfer. For cash transactions, you can transfer a maximum of Rs. 50000 in each transaction. However, there is no limit on the total amount you transfer.

Does HDFC charge for Neft?

HDFC Bank NEFT Transaction charges:
In regards to NEFT, HDFC Bank levies Rs 2.50 plus GST for transactions up to Rs 10,000. Further above Rs 1 lakh to Rs 2 lakhs - a Rs 15 plus GST is charged. However, in case of above Rs 2 lakh to Rs 25 lakhs, HDFC levies Rs 25 plus GST.

How can I do Neft transfer?

How to do NEFT Using Online Banking?
  1. Log on to the bank's official net bankingwebsite using user name and password.
  2. Select 'Add' option and enter the beneficiary name, beneficiary account number, address and inter bank transfer limit in the provided fields.

What is Neft timings for HDFC?

HDFC Bank. Timings: Customers can make NEFT transactions from 8 am to 6:30 pm from Monday to Saturday. Amount: There is no minimum and maximum transfer limit according to the bank. Charges: The private lender charges Rs.

How much time does it take for NEFT transfer in HDFC?

However, the fund transfer will only be processed by the bank along with RBI, during the working hours of the bank. It will ideally take a couple of hours for NEFT transfers. Please note that sometimes it can also take a day or two.

How do you transfer money?

Different types of money transfer: NEFT, RTGS, IMPS and more
  1. Step 1: Go to Fund Transfer tab, and select 'Transfer to other bank' (NEFT) Step 2: Select the recipient account and enter the relevant details.
  2. Step 1: Go to Fund Transfer tab, and select 'Transfer to other bank' (RTGS)
  3. Step 1:Using your Customer ID and Password into Net Banking/Mobile Banking.

How much can you transfer in one day?

1) Payment Gateway transaction limit is up to 10 lakh per day / per transaction. 2) Own account fund transfer — No limit (up to the available balance in debit account). 3) IMPS to registered beneficiary - up to Rs 2 Lakh per day/per transaction. 4) NEFT to registered beneficiary per day - up to Rs.

Who is owner of HDFC Bank?

Aditya Puri (Sep 1994–)

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