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NEFT - National Electronic Funds Transfer
NEFT - National Electronic Funds Transfer:

  • Facilitates ultimate online, integrated payment and settlement system primarily
         for small value payments at nominal cost.
  • You can avail this facility through all our Branches.
  • For your benefit charges for NEFT payments is nominal (communicated to you
         vide our earlier communication) when you are transferring funds through our
         Branch.
  • You can avail this facility through our Internet Online Funds transfer facility for
         transferring funds from you’re account … free of charges
  • NEFT Payments shall be settled in Batches (not real time as in the case of
         RTGS) 09:30; 10:30; 12:00; 13:00; 15:00 & 16:00 as prescribed by RBI.
  • Outward - Rs.50/- + Applicable Service Tax.
  • Outward Free through Mi@bank.
  • Inward - Free .
  • Funds shall be applied / returned on the same day for batches
         received upto 13:00 hours
    .
  • Funds shall be applied / returned on the next working day for
         batches received after 1.00 pm
    .
  • Please note, actual time taken to credit the beneficiary account
         depends on the time taken by the beneficiary bank to process the
         payment
    .
  • Payments processed will reach the beneficiary bank within the time
         stipulated by RBI. ING is not responsible for any
         charges / commission of any kind levied / charged by beneficiary
         bank for applying the funds to beneficiary account
    .

  •  
    ING Vysya Bank Limited
    - Last updated 20/10/2008
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