Bandhan Bank has quickly become one of India’s most trusted private sector banks, offering modern and user‑friendly digital services. One of its most widely used facilities is NEFT (National Electronic Funds Transfer) — a secure way to transfer money to any bank account in India.
In this article, we will explain Bandhan Bank NEFT charges, timings, limits, and a step‑by‑step guide on how to transfer money using NEFT.
What is NEFT?
NEFT stands for National Electronic Funds Transfer, a system regulated by the Reserve Bank of India (RBI). It enables customers to transfer funds from one bank account to another across India. Unlike IMPS (which is instant), NEFT transactions are processed in regular settlement batches, generally every half‑hour.
NEFT is ideal for non‑urgent payments including salary transfers, vendor payments, recurring bills, and more.
Bandhan Bank NEFT Charges
Bandhan Bank follows RBI rules and charges differently based on the mode of transfer — online or offline (branch).
Online NEFT Charges
- Internet Banking: Free
- Mobile Banking App: Free
Bandhan Bank does not charge any fee for NEFT transactions done digitally. This is a part of the bank’s effort to promote cashless and paperless banking.
Branch NEFT Charges
If you visit a Bandhan Bank branch to initiate NEFT, nominal charges may apply as per bank policy:
| Transaction Amount | Branch NEFT Charges (Approx.) |
| Up to ₹10,000 | ₹2.50 + GST |
| ₹10,001 – ₹1 lakh | ₹5 + GST |
| ₹1 lakh – ₹2 lakh | ₹15 + GST |
| Above ₹2 lakh | ₹25 + GST |
These charges are typically applied only when the transfer is initiated at a bank counter.
NEFT Timings at Bandhan Bank
Online NEFT
Thanks to RBI’s extended NEFT window initiative, NEFT at Bandhan Bank is available 24×7, all year, including Sundays and bank holidays.
Branch NEFT Timings
- During Standard Banking Hours
- Monday to Friday: Typically 10:00 AM – 4:00 PM
- Saturday: Shorter hours (varies by branch)
NEFT transactions are processed in half‑hourly batches, which ensures continuous fund transfers throughout the day. The time taken for the beneficiary to receive funds depends on when the transaction is processed in the batch cycle.
Bandhan Bank NEFT Limits
NEFT itself does not have a minimum or maximum limit set by RBI. However, Bandhan Bank may set internal limits depending on the channel you use:
| Mode | Minimum Amount | Approx. Maximum Limit |
| Internet Banking | ₹1 | ₹10 lakh per day (approx.) |
| Mobile Banking | ₹1 | ₹5 lakh per day (varies) |
| Branch Transfer | ₹1 | No fixed limit (bank discretion) |
For retail users, the online NEFT limit is usually around ₹10 lakh per day, while corporate accounts may enjoy higher limits as per their profile.
How to Transfer Money via NEFT in Bandhan Bank
Here’s a step‑by‑step guide to transfer funds using NEFT:
Step 1: Log in
- Visit the official Bandhan Bank website: https://bandhan.bank.in/
- and login to your internet banking account, or open the Bandhan Bank Mobile App.
Step 2: Add Beneficiary
Go to Funds Transfer → Add Beneficiary and fill in:
- Beneficiary Name
- Bank Account Number
- IFSC Code (e.g., BAND0XXXXXX)
Submit & save the beneficiary details. Beneficiary activation may take a short time.
Step 3: Initiate NEFT
Once the beneficiary is active:
- Select the beneficiary
- Enter the transfer amount
- Choose NEFT as the transfer mode
- Add a remark (optional)
Step 4: Authenticate
You’ll receive an OTP (One‑Time Password) or be asked to enter your transaction PIN. Enter it to confirm the transfer.
Step 5: Confirmation
After successful processing, save or screenshot the UTR (Unique Transaction Reference) number to track the transaction later.
Key Benefits of NEFT at Bandhan Bank
- Free online transfers
- 24×7 availability
- Safe and RBI‑regulated system
- Works for both small and large value transfers
- Easy to use via internet & mobile banking
Important Tips for Users
- Always check the account number and IFSC code before confirming a transfer.
- Add beneficiaries in advance to avoid delays.
- Prefer online channels to save time and avoid fees.
- Failed transactions are usually reversed within 1–2 working days.
Conclusion
Bandhan Bank’s NEFT facility is a secure, convenient and cost‑effective way to transfer funds across India. With zero charges for digital transfers, flexible limits, and round‑the‑clock availability, it meets the needs of both personal and business banking customers.
To enjoy a seamless experience, always prefer internet or mobile banking for NEFT transactions.
