NEFT transactions are typically settled immediately or within 2 HOURS. It can take up to two hours for the amount to be credited to the beneficiary’s account. As per RBI’s website, the actual NEFT transfer time may vary depending on the bank. Learn about the National Electronic Fund Transfer ( NEFT ) system, which allows you to transfer money across different banks in India. Find out the NEFT timings for 2024, the security features, and when to use NEFT for your transactions. Learn how NEFT works, how long it takes, and when it is available. Find out the factors that affect NEFT processing time , the difference between NEFT and other payment methods, and how to send money safely with Fibe. NEFT transactions are usually settled instantly or within 30 mins. The amount might be credited to the respective beneficiary account in a maximum of two hours. Following the RBI guidelines, the time of NEFT payment varies from one bank to another.
