UNIVERSITY OF MYSORE
GOVT. FRIST GRADE COLLEGE FOR WOMEN
HOLENARSIPURA
TOPIC:- NATIONAL ELETRONIC FUNDS TRANSFER
SUBMITTED TO,
SUNDAR B N
ASST.PROF&COURSE
CO-ORDIENTOR
GOVT. FIRST GRADE COLLEGE
WOMEN
HOLENARASIPURA
SUBMITTED BY,
AHALYASHREE A T
1ST M.COM.
GOVT. FIRST GRADE COLLEGE
WOMEN
HOLENARASIPURA
NATIONAL
ELECTRONIC FUNDS
TRANSFER [NEFT]
NEFT (24*7)
NATIONAL ELECTRONIC
FUND TRANSFERE
NEFT is an electronic payment system
developed by RBI facilitate transfer of funds
by customers from one bank to anther bank
in India. It is secured, econamical, reliable
and efficient system of funds transfer
between bank.
NEFT is a popular electronic payment system used in India that
enables individuals and businesses to transfer funds between banks
in a secured and efficient manner. NEFT operates on a deferred
settlement basis meaning that the transaction are processed in
batches at specified times throughout the day.
NEFFT is widely used for various purposes including salary
payments, bill payments and online shopping. One of the key
advantages of NEFT is that it allows fast and reliable fund transfers
with transaction typically processed within a few hours. It is also
cost-effective way to transfer money with low transaction fees as
compared to other electronic payment system.
Time Topic Presenter
9:00 AM - 9:15 AM Meeting Topic 1 John
Meeting Topic 2 Anne
Meeting Topic 3 Anne
9:15 AM - 10:00 AM Meeting Topic 4 Brian
10:00 AM - 10:30 AM Meeting Topic 5 Rachel
MEETING SCHEDULE
NEFT transfer can be made by ICICI Bank customers
using any of the models below :
 Branches of the bank
 Internet banking
 imobile pay
 m.icicibank.com
 Pockets app
 icicibankpay
NEFT Transaction charges
No transaction charge is
applicable on NEFT/RTGS
transfer that are initiated
through digital modes of
banking, i.e. internet banking,
imobile app and pockets app.
For branches :- The below
transaction charges or
applicable for NFET transaction
that are initiated through the
branches of ICICI Bank
Transaction Charges
Up to 10,000
Above 10,000 and upto 1 lakh
Above 1 lakh and upto 2 lakh
Above 2 lakh and upto 10 lakh
NEFT
2.25+Applicable GST
4.25+Applicable GST
14.75+Applicable GST
24.75+Applicable GST
As per RBI guidelines, national electronic funds
transfer (NEFT) is available 24x7 with effect from
Dec 16th 2009.
Can I make a part pre-payment on my home
loan account through NEFT with ICICI Bank?
Yes, ICICI accepts part pre-payment of your home loan through national electronic fund transfer
(NEFT) in case you want to make part pre-payment of your home loan account through
NEFT you need to visit the nearest ICICI Bank. For the list of branches nearest to you please.
The service request number received during branch visit must be mentioned in the re-marks
column in the NEFT from while making part pre-payment through NEFT. Please not that the
transaction with invalid request in number will be rejected. Minimum one EMI to be paid as a
part pre-payment amount.
THANK YOU

NATIONAL ELECTRONIC FUND TRANSFER

  • 1.
    UNIVERSITY OF MYSORE GOVT.FRIST GRADE COLLEGE FOR WOMEN HOLENARSIPURA TOPIC:- NATIONAL ELETRONIC FUNDS TRANSFER SUBMITTED TO, SUNDAR B N ASST.PROF&COURSE CO-ORDIENTOR GOVT. FIRST GRADE COLLEGE WOMEN HOLENARASIPURA SUBMITTED BY, AHALYASHREE A T 1ST M.COM. GOVT. FIRST GRADE COLLEGE WOMEN HOLENARASIPURA
  • 2.
  • 3.
    NEFT (24*7) NATIONAL ELECTRONIC FUNDTRANSFERE NEFT is an electronic payment system developed by RBI facilitate transfer of funds by customers from one bank to anther bank in India. It is secured, econamical, reliable and efficient system of funds transfer between bank.
  • 4.
    NEFT is apopular electronic payment system used in India that enables individuals and businesses to transfer funds between banks in a secured and efficient manner. NEFT operates on a deferred settlement basis meaning that the transaction are processed in batches at specified times throughout the day. NEFFT is widely used for various purposes including salary payments, bill payments and online shopping. One of the key advantages of NEFT is that it allows fast and reliable fund transfers with transaction typically processed within a few hours. It is also cost-effective way to transfer money with low transaction fees as compared to other electronic payment system.
  • 5.
    Time Topic Presenter 9:00AM - 9:15 AM Meeting Topic 1 John Meeting Topic 2 Anne Meeting Topic 3 Anne 9:15 AM - 10:00 AM Meeting Topic 4 Brian 10:00 AM - 10:30 AM Meeting Topic 5 Rachel MEETING SCHEDULE
  • 6.
    NEFT transfer canbe made by ICICI Bank customers using any of the models below :  Branches of the bank  Internet banking  imobile pay  m.icicibank.com  Pockets app  icicibankpay
  • 7.
    NEFT Transaction charges Notransaction charge is applicable on NEFT/RTGS transfer that are initiated through digital modes of banking, i.e. internet banking, imobile app and pockets app.
  • 8.
    For branches :-The below transaction charges or applicable for NFET transaction that are initiated through the branches of ICICI Bank Transaction Charges Up to 10,000 Above 10,000 and upto 1 lakh Above 1 lakh and upto 2 lakh Above 2 lakh and upto 10 lakh NEFT 2.25+Applicable GST 4.25+Applicable GST 14.75+Applicable GST 24.75+Applicable GST
  • 9.
    As per RBIguidelines, national electronic funds transfer (NEFT) is available 24x7 with effect from Dec 16th 2009.
  • 10.
    Can I makea part pre-payment on my home loan account through NEFT with ICICI Bank? Yes, ICICI accepts part pre-payment of your home loan through national electronic fund transfer (NEFT) in case you want to make part pre-payment of your home loan account through NEFT you need to visit the nearest ICICI Bank. For the list of branches nearest to you please. The service request number received during branch visit must be mentioned in the re-marks column in the NEFT from while making part pre-payment through NEFT. Please not that the transaction with invalid request in number will be rejected. Minimum one EMI to be paid as a part pre-payment amount.
  • 11.