Tweets on 2010-02-07

A significant change to the electronic funds transfer facility with effect from March 01, 2010.

NEFT is currently available from 9 am to 5 pm on week days and from 9 am to 12 noon on Saturdays. There have been constant requests from various individual and business segments to elongate the operating hours. After examining the feasibility and customer benefits, it has been decided to extend NEFT operating hours from 9 am to 7 pm on week days and from 9 am to 1 pm on Saturdays.

Source: National Electronic Funds Transfer (NEFT) System – Refinement of process-flow and enhancement of features.

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