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14th October 2016, 03:19 PM
Super Moderator
 
Join Date: Mar 2013
Re: State Bank Of Mysore Business Hours

National Electronic Funds Transfer NEFT is a system to transferred fund to the credit account with the other participating Bank using RBI's NEFT service.

NEFT hours-

NEFT transactions will be sent to RBI based on the following schedule:

Day Start Time End Time
Monday to Working Saturday 7:00 hrs 18:30 hrs

NEFT transactions are settled in batches based on the following timings:

12 settlements on weekdays - at 08:00, 09:00, 10:00, 11:00, 12:00, 13:00, 14:00, 15:00, 16:00, 17:00, 18:00 and 19:00 hrs.

6 settlements on Saturdays - at 08:00, 09:00, 10:00, 11:00, 12:00 and 13:00 hrs

Please note that all the above timings are based on Indian Standard Time (IST) only.

Minimum/Maximum amount for NEFT transactions under Retail Internet Banking-

Type Minimum Maximum
NEFT - Rs. 5 Lakhs

Minimum/Maximum amount for NEFT transactions under Corporate Internet Banking

Type Minimum Maximum
NEFT - No Limit

Charges for NEFT

Amount Service Charge
Amount upto Rs.10000/- Rs.2.50/-
From Rs.10001/- up to Rs.1 lakh Rs.5/-
Above Rs.1 lakh to Rs.2 lakhs Rs.15/-
Above Rs.2 lakhs Rs.25/

Customer service: 1800 425 2244


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