NEFT stands for National Electronic Funds Transfer. Funds get transferred to the Credit Account with the other participating Bank using RBI’s (Reserve Bank of India) NEFT service. RBI acts as a service provider and transfers the credit to another Bank Account. Currently, NEFT functions on a 24/7X365 basis with half-hourly settlement.
To encourage the use of digital channels, we are updating our transaction charges effective August 1, 2025:
NEFT & RTGS transactions done online (via NetBanking & MobileBanking) will continue to be absolutely free for all customers, allowing you to transfer funds anytime and anywhere at no extra cost.
IMPS online transaction charges for amounts up to ₹1,000 have been reduced, making small payments simpler and more affordable.
Please note the revised charges for NEFT & RTGS transactions done at our branches.
RTGS (Branch Transactions)
Transaction Amount | Revised Charges (per transaction) |
₹2 lakhs to ₹5 lakhs | ₹20 |
Above ₹5 lakhs | ₹45 |
*Revised charges are excluding GST
NEFT (Branch Transactions)
Transaction Amount | Revised Charges (per transaction) |
Up to ₹10,000 | ₹2 |
₹10,001 to ₹1 lakh | ₹4 |
₹1 lakh to ₹2 lakhs | ₹14 |
Above ₹2 lakhs | ₹24 |
*Revised charges are excluding GST
IMPS (Online Transactions)
Transaction Amount | Revised Charges (per transaction) |
Up to ₹1,000 | ₹2.50 |
₹1,001 to ₹1 lakh | ₹5 |
Above ₹1 lakh | ₹15 |
*Revised charges are excluding GST
We encourage you to take advantage of our easy-to-use digital platforms for faster, secure, and cost-effective transactions.
For more details, please visit: http://www.hdfcbank.com
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