What Is NEFT?

National Electronic Funds Transfer: a bank-to-bank transfer that runs 24 hours a day, settled in half-hourly batches.

Banking

NEFT has no minimum or maximum set by the RBI, though banks set their own limits for online transfers. Money usually arrives within an hour.

Online NEFT from a savings account is free at most banks. You need the receiver's account number and IFSC.

SkyloFin - Expense Tracker

Your Money. One Clear View.

Automatically organise your spending, track expenses and understand where your money goes.

  • Reads bank SMS No account linking, no passwords.
  • Sorts every rupee Into categories you can edit.
  • Bills and cards Statements found, due dates reminded.
  • Your Google Drive Backed up to you, never to us.