Transfer Funds Swiftly with NEFT

 

Make secure, 24x7 fund transfers from your ICICI Bank account to any bank across India using the NEFT facility.

 

TRANSFER VIA NEFT

 

 

 

 

 



 

 

NEFT (iMobile) - Applicable for NRIs as well

 

Transaction Limits/Timing 1:00am – 7:00pm IST 7:00pm – 1:00am+1 day IST 2nd & 4th Saturday, Sunday & Bank Holidays
Minimum ₹1 ₹1 ₹1
Maximum ₹ 20 lakh or ₹ 1 crore
(based on customer segment)		 ₹ 2 Lakh ₹ 2 Lakh

 

 



 

 

NEFT (Internet banking) - Applicable for NRIs as well

 

Transaction Limits/Timing 1:00am – 7:00pm IST 7:00pm – 1:00am+1 day IST & Bank Holidays
Minimum ₹1 ₹1
Maximum ₹ 20 lakh ₹ 2 Lakh

 

 



 

 

Branch Charges

 

Amount Charges
Up to ₹10,000 ₹2.25 + GST

Above ₹ 10,000 and upto ₹ 1 lakh

 

 ₹4.75 + GST

Above ₹ 1 lakh and upto ₹ 2 lakh

 

 ₹14.75 + GST

Above ₹ 2 lakh and upto ₹ 10 lakh

 

 ₹24.75 + GST

 

 



 

 

CIB, Instabiz & API Banking NEFT

 

Limits are at corporate level

 

 

Limits 1:00am – 7:00pm IST 7:00pm – 1:00am+1 day IST 2nd & 4th Saturday, Sunday & Bank Holidays
Total transaction amount Existing workflow limit mapped to the Corporate
(Maximum ₹49 crore per transaction for InstaBIZ)		 Maximum ₹10 lakh Maximum ₹10 lakh

 

 



 

 

CIB, InstaBIZ & API Banking RTGS

 

Limits are at corporate level

 

 

Limits 1:00am – 7:00pm IST 7:00pm – 1:00am+1 day IST 2nd & 4th Saturday, Sunday & Bank Holidays
Total transaction amount Existing workflow limit mapped to the Corporate
(Maximum ₹49 crore per transaction for InstaBIZ)		 Maximum ₹1 crore Maximum ₹1 crore

 

 

 

 

 

How does it work?

FAQs

What is NEFT?

NEFT is a nationwide payment system managed by the RBI, allowing one-to-one fund transfers from ICICI Bank to any participating bank branch in India.

Is NEFT available 24x7?

Yes, NEFT is available round the clock, including weekends and holidays, as per RBI guidelines.

Are there any charges for NEFT?

There are no charges for NEFT transfers via digital modes. Charges apply only for branch-based NEFT.

How long does NEFT take to credit the beneficiary?

NEFT transactions are usually processed within 30 minutes to 4 hours, depending on RBI settlement batches.

Can I use NEFT to make Credit Card payments?

Yes, you can pay Credit Card dues using NEFT by adding the card number as the beneficiary and entering the issuing bank's IFSC.

What details are needed for NEFT?

You’ll need the beneficiary’s account number, bank name, branch IFSC, and the amount to be transferred.

Can NEFT be used for foreign remittances?

No. NEFT is strictly for Indian Rupee transfers within India only.

What happens if I enter the wrong beneficiary account number?

In such cases, visit your nearest ICICI Bank branch or call Customer Care to raise a Service Request.

How can I raise a complaint related to an NEFT transaction?

You can file a complaint via ICICI Bank Feedback Portalor escalate it to the Banking Ombudsman if unresolved.

Disclaimer

PROCEED