Secure and Reliable: We prioritize the security of your transactions. Our NEFT service follows robust security protocols, ensuring that your funds are transferred safely and confidentially.
Convenient Transfers: With NEFT, you can transfer funds from your Gadchiroli District Bank account to any other bank account across the country.
Timely Transfers: Our NEFT service offers quick and efficient fund transfers. Once the transfer is initiated, the funds are usually credited to the beneficiary’s account within a few hours during NEFT batch timings.
Extensive Reach: Gadchiroli District Bank’s NEFT service covers a vast network of banks in India, ensuring that you can transfer funds to almost any bank account in the country.
Competitive Charges: We strive to provide cost-effective banking solutions to our customers. Our NEFT service offers competitive charges for fund transfers, making it an affordable choice for your transaction needs.
Please ensure that the beneficiary’s bank account details, including the correct account number and IFSC code, are provided accurately to avoid any delays or errors in the transfer process.
For any assistance or queries regarding our NEFT service, our dedicated customer support team is available to assist you. You can reach out to us via phone, email, or visit your nearest GADCHIROLI District Bank branch.
What is NEFT?
NEFT stands for National Electronic Funds Transfer. It’s an electronic payment system that enables individuals and businesses to transfer funds between bank accounts in India.
How does NEFT work?
NEFT transactions are initiated by a sender through their bank electronically. The sender’s bank sends instructions to the RBI’s NEFT service to transfer funds to the receiver’s bank. The receiver’s bank credits the amount to the receiver’s account.
What are the NEFT timings at Gadchiroli DCC Bank?
Typically, NEFT transactions can be initiated at the bank branch during the specified NEFT hours. The bank usually follows RBI’s guidelines for NEFT timings.
What information do I need to provide for initiating an NEFT transfer?
You’ll need the recipient’s name, bank account number, IFSC (Indian Financial System Code) of the recipient bank branch, and the amount to be transferred.
How long does an NEFT transfer take to reflect in the recipient’s account?
NEFT transactions are generally settled in batches and take a few hours to get processed. In most cases, the recipient receives the amount on the same day or the next working day depending on the time of initiation.
Are there any charges for NEFT transactions at Gadchiroli DCC Bank?
Yes, Banks may levy nominal charges for outward NEFT transactions. However, charges could vary based on the amount transacted and the account type. To know more please check NEFT CHARGES section on this page.
What happens if I provide incorrect details for an NEFT transfer?
If the provided details are incorrect, the transaction might get rejected, or the funds might be credited to the wrong account. It’s important to double-check all the details before initiating an NEFT transfer.
