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gptkbp:instanceOf
|
Electronic funds transfer system
|
|
gptkbp:acceptsPaymentMethod
|
domestic
credit transfer
|
|
gptkbp:availableOn
|
24x7
|
|
gptkbp:beneficiaryAccountRequired
|
Yes
|
|
gptkbp:canBeInitiatedFrom
|
gptkb:bank
mobile banking
internet banking
|
|
gptkbp:country
|
gptkb:India
|
|
gptkbp:feeChargedBy
|
participating banks
|
|
gptkbp:fullName
|
gptkb:National_Electronic_Funds_Transfer
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
NEFT
|
|
gptkbp:launched
|
2005
|
|
gptkbp:numberOfBatchesPerDay
|
48
|
|
gptkbp:operatedBy
|
gptkb:Reserve_Bank_of_India
|
|
gptkbp:participatingBanks
|
all major banks in India
|
|
gptkbp:regulates
|
gptkb:Reserve_Bank_of_India
|
|
gptkbp:requires
|
gptkb:bank
IFSC code
|
|
gptkbp:serviceAvailableOn
|
all days including holidays (since Dec 2019)
|
|
gptkbp:settlementClearingHouse
|
RBI
|
|
gptkbp:settlementFrequency
|
every 30 minutes
|
|
gptkbp:settlementMode
|
deferred net settlement
|
|
gptkbp:settlementType
|
half-hourly batches
|
|
gptkbp:transactionLimitForCashBasedRemittance
|
Rs 50,000 per transaction
|
|
gptkbp:transactionReversal
|
possible in case of failure
|
|
gptkbp:transferLimit
|
No minimum or maximum limit
|
|
gptkbp:usedBy
|
individuals
corporates
firms
|
|
gptkbp:usedFor
|
credit card bill payments
loan repayments
bank-to-bank money transfer
fund transfer to other banks
|
|
gptkbp:bfsParent
|
gptkb:Reserve_Bank_of_India
gptkb:Electronic_Funds_Transfer
|
|
gptkbp:bfsLayer
|
5
|