All You Need To Know

FEATURES

Quick & paperless

Avoid delays due to cheques or demand drafts No paperwork, documentation or approval required

Nominal charges

Transaction charges for NEFT from DDSCBL Bank Branches -

1) Upto Rs 1,00,000: Rs 2 + Applicable GST
2) Above Rs 1,00,000: Rs 10 + Applicable GST

Credit card bills

Use NEFT to pay your Credit Card bills
Set up account for recurring payments via NEFT

FEES & CHARGES

Key fees

NEFT transactions done online are free w.e.f 1st Nov 2017.

Transaction charges for NEFT done through DDSCBL Bank branches

Transaction Amount (In Rs)	Charges
Upto Rs 1,00,000	Rs 2 + Applicable GST
Above Rs 1,00,000	Rs 10 + Applicable GST

LIMITS

Online Transfer

• 7am to 7pm on RBI working day: The maximum amount of funds that can be transferred per day is as per the customer's TPT limit (Maximum upto Rs.50 Lakhs)
• From 7pm - 7am on working days & all holidays (including 2nd & 4th Saturdays and Sundays): A maximum of Rs.2.00 lacs per transaction can be transferred subject to TPT limit. (Multiples of Rs 2 Lacs upto the TPT limit chosen by the customer. Maximum upto Rs. 50 Lakh)
• New Beneficiary addition (online): While adding a new beneficiary you can make transaction of maximum of Rs.50,000/- ( in full or parts inclusive of failed attempt ) during the first 24 hrs.

TIMINGS

Online Transaction Timings

NEFT is now available 24*7, 365 days. The settlement to beneficiary will be done as per RBI batches

Transaction through Branches

As per Branch working Hours

*DECLAIMER*
 Read General Terms & Conditions.