PNB NEFT transaction timings

I want to do National Electronic Fund Transfer (NEFT) from Punjab National Bank and for that I want to get the details of Punjab National Bank National Electronic Fund Transfer (NEFT) transaction timings so can you provide me that?

[Kiran Chandar]

As you want to get the details of Punjab National Bank National Electronic Fund Transfer (NEFT) transaction timings so here is the information of the same for you:

Punjab National Bank National Electronic Fund Transfer (NEFT) transaction timings:
Presently, NEFT operates in hourly batches - there are twelve settlements from 8 am to 7 pm on week days and six settlements from 8 am to 1 pm on Saturdays.

Features:
Hassel Free- Instant Money Transfer Facility.
No more running between Bank and Post Office.
Eliminates Risk of loss of Instrument or its fraudulent use.
Facility available to both Retail & Corporate Clients.
Ensures remittance of funds on the same day ( Maximum T+1)
No Minimum or Maximum Limit.
Facility also available through Internet Banking Channel both Online and Request mode.
Facility available at all CBS Branches of the Bank.
Facility also available for Bulk users through Internet Banking Channel

Transaction Limit:
Minimum – No limit
Maximum – Rs. 500.00 lacs

Service Charges for NEFT transactions:
Transaction Amount Charges
Upto Rs.10000/-*
Rs. 2.50 + Service Tax
Above Rs10,000/- to Rs.1,00,000/-*
Rs.5.00 + Service Tax
Above Rs.1,00,000/- to Rs.2,00,000/-
Rs. 15.00 + Service Tax
Above Rs.2,00,000/-
Rs.25.00 + Service Tax

Pre-requisites for originating a NEFT transaction:
Originating and destination bank branches should be part of the NEFT network.
Beneficiary details such as beneficiary name, account number and account type.
Name and IFSC of the beneficiary bank branch.

Contact Details:
Punjab National Bank
Aggarwal Plaza,
Sector-5,
Sir Chotu Ram Marg, Sector 5,
Rohini,
New Delhi,
Delhi 110085
India

Map Location:
[MAP]Punjab National Bank New Delhi, Delhi[/MAP]

I am looking for info related to Punjab National Bank (PNB) National Electronic Funds Transfer (NEFT) Transaction Timings , so will you plz let me know about the same ??

[sumit]

Punjab National Bank (PNB) is an Indian multinational banking and financial services company. It is a state-owned corporation based in New Delhi, India.

Here are details on the PNB NEFT timings based on which customers can make monetary transfers

Service Type Start Time End Time

Retail Internet Banking 6:00 a.m. 6:35 p.m.

Mobile Banking 6:00 a.m. 6:35 p.m.

Corporate Internet Banking 6:00 a.m. 6:35 p.m.

Corporate Internet Banking (Bulk NEFT) 6:00 a.m. 6:30 p.m.

Branch (within working hours) 8:00 a.m. 6:40 p.m.

The NEFT Transaction charges at PNB are as follows:

Transaction Amount Transaction Fees

Amount up to Rs 10000 Rs.2.50 + GST

Amount above Rs.10000 and up to Rs.1 Lakh Rs.5 + GST

Amount above Rs.1 lakh up to Rs. 2 Lakh Rs.15 + GST

Amount above Rs.2 Lakh Rs.25 + GST

PNB NEFT Benefits

It is possible to access your account from anywhere and make NEFT payments even while on
the move.

PNB NEFT transactions do not come with an upper or lower limit.

As RBI monitors all transactions, it is a reliable option.