Axis Bank NEFT Form 2025: National Electronic Funds Transfer (NEFT Online Funds Transfer to other banks). With National Electronic Funds Transfer (NEFT) you can transfer funds and make Credit card payments to any bank across India. With this service your transactions are easier, and, with fewer restrictions, they reach further than before.
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What is NEFT?
NEFT has paved the way for big fund transfers online. Earlier people would have been skeptical to use it because it is such high-end technology and that it could cause confusion but with the success of this scheme, more and more people are using it and also spreading the word. There are charges attached to NEFT if the beneficiary has an account with the same bank. But if the remitter is transferring money to a beneficiary from another bank, there are a list of charges attached to it.
It varies for the sum that is being transferred. It is minimal and ranges from Rs 2.50 to Rs 25. As a result, it doesn’t even pinch the pocket and is very reasonable. This transfer is considered to be very safe and is encouraged because there is no cash involved. The Remitter and Beneficiary receive a message once the transaction is done, thus leaving both absolutely relaxed. Once the timings are known, which the bank provides, all you need to transfer and everything is taken care of.
- Click here to know more details for NEFT
Who can avail Axis Bank NEFT facility
Individuals, firms or corporates maintaining accounts with a bank branch can transfer funds using NEFT. Even such individuals who do not have a bank account (walk-in customers) can also deposit cash at the NEFT-enabled branches with instructions to transfer funds using NEFT. However, such cash remittances will be restricted to a maximum of Rs.50,000/- per transaction. Such customers have to furnish full details including complete address, telephone number, etc.NEFT, thus, facilitates originators or remitters to initiate funds transfer transactions even without having a bank account.
- Customers of the branch where they are having Savings/Current Accounts
- Walking customers for below Rs. 50,000.
In what way it is beneficial to the Customers
Customer can remit funds to the account of another bank branch and The funds are transferred instantaneously at nominal charges
Axis Bank NEFT Form
Minimum and Maximum Amount for Transfer
- Minimum: Rs.1
- Maximum: No Limit
Axis Bank NEFT Charges
| Transaction Type | NEFT Charges |
|---|---|
| Mobile and Internet Banking | Nil |
| Bank Branch | Up to 10,000 – 2.50/- per txn 10,001 to 1 lakh – 5/- per txn 1 lakh to 2 lakhs – 15/- per txn Above 2 lakhs – 25/- per txn |
How to Send Payment via NEFT
There are two ways to send payment via NEFT and one of them is 1. NEFT via Online Internet Banking and 2nd is 2. NEFT via Bank Branch..
NEFT via Bank Branch: If you want to make NEFT via offline mode i.e from a Bank Branch then you need to visit your nearest Axis Bank Branch and Request for NEFT Form or Slip and Fill all the required details asked in the NEFT Form and submit it to the Cashier, Now you bank branch send payment to another person within 2 working hours
NEFT Via Internet Banking: You may also send money via NEFT by using your Axis Bank Internet Banking Service, To use Internet banking, you need to log in at the Axis Bank Website and then you will be required to add a new Beneficiary and then you are able to make payment via NEFT. Online NEFT is enabled for all customers of Axis Bank (Internet Banking) with full transaction rights.
If you would like to avail of Axis Bank NEFT Facility then please download the application form or visit to your Axis Bank Branch and submit the duly filled form to your base branch. If you are already an Axis Bank Connect customer with “view right” and would like to avail of full transaction right, please resubmit your application form (can download from the above URL) to your base branch.
- Login to Axis Bank Retail NetBanking
- On the left-hand side navigation bar, click on “Other Bank Transfer – NEFT” under the Funds Transfer section.
- Fill in all details like transfer amount, destination account number, IFSC Code, beneficiary name & payment details. After these details are filled in correctly, a unique transaction confirmation number would be generated. This number is to be quoted for any query related to this particular transaction.
What the customer must have for remittance
IFSC of the bank branch to which the remittance to be made (IFSC is 11 characters code) Beneficiary account number, Name and Address (to whom the remittance is intended to ) Approach the branch with the above details
How to get the IFSC of the branch
Indian Financial System Code (IFSC) means a unique code of 11 digits of NEFT/RTGS-enabled Branches. Normally, this code will be printed on the cheque books OR it may be obtained from the branch where the account is maintained. It is also available on the RBI website. In case the IFSC of the beneficiary bank is not known, the same can be obtained by selecting the Bank and Branch while registering the beneficiary.
- It is available on the cheque leaf supplied by the bank
- Can also get from the branch
Axis Bank NEFT Timing
NEFT transactions can be initiated 24×7 through Retail Internet Banking, Mobile Banking and Corporate Internet Banking as per below.
- From 8 AM to 4.30 PM – As per customer approval limit
- From 4.30 PM to 6.30 PM – Less than INR 5 crores
- From 6.30 PM to 8 AM – upto INR 1 Crore (Including 2nd and 4th Saturday, Sunday and Bank Holidays)
Really useful information…