Need to send money from your Axis Bank account to another bank? NEFT (National Electronic Funds Transfer) is a trusted and secure way to transfer funds within India. But should you use a branch or go online?
Here’s everything you need to know about Axis Bank NEFT charges, limits, timings, and how to transfer money for free.
What Is NEFT?
NEFT is an RBI-regulated system for electronic fund transfers between banks. It works in half-hourly batches, making it ideal for personal and business use.
Works across all major Indian banks
No minimum amount
Safe, RBI-backed system
Axis Bank NEFT Charges (2025)
Branch-Based NEFT Charges
| Amount Range | NEFT Charges (Excl. GST) |
|---|---|
| Up to ₹10,000 | ₹2.25 |
| ₹10,001 – ₹1 lakh | ₹4.75 |
| ₹1 lakh – ₹2 lakhs | ₹14.75 |
| Above ₹2 lakhs | ₹24.75 |
18% GST will be added on top of these charges.
Online NEFT Charges (Mobile & Net Banking)
Free – Axis Bank does not charge for NEFT transfers made through:
- Axis Mobile App
- Axis Internet Banking
- UPI-based apps linked to Axis Bank
💡 Save money by choosing online transfers instead of visiting a branch.
Axis Bank NEFT Timings
| Mode | Timing |
|---|---|
| Online | 24×7×365 |
| Branch | During banking hours (typically 10 AM to 4 PM) |
Transfers are processed every 30 minutes. Most are completed within 30 minutes to 2 hours.
NEFT Transfer Limits
| Platform | Daily Limit |
|---|---|
| Net Banking | ₹10 lakhs (default) |
| Mobile App | ₹5 lakhs (default) |
| Branch | Based on account profile |
You can raise your online limits via Axis Internet Banking.
How to Use NEFT with Axis Bank
Online (Mobile App or Net Banking)
- Log in to Axis Mobile or https://www.axisbank.com
- Go to “Fund Transfer” → “Other Bank – NEFT”
- Select/add the beneficiary
- Enter the amount, remarks, and confirm with OTP
At the Branch
- Fill out a NEFT request form
- Provide the beneficiary’s name, account number, and IFSC code
- Submit it with your cheque or cash
FAQs
Q1: Is NEFT free in Axis Bank?
A. Yes — NEFT is free online via mobile or internet banking. Charges apply only at branches.
Q2: Can I use NEFT on Sunday?
A. Yes. NEFT via online banking works 24×7, including weekends and holidays.
Q3: What if my NEFT transfer fails?
A. The money is usually refunded within 1–2 business days. You can track it via the app or contact customer care.
Key Takeaways
- Online NEFT is free with Axis Bank
- Branch-based NEFT is chargeable based on amount transferred
- Works 24×7 online, and during working hours at branches
- Use Axis Mobile or Net Banking for safe and fast transfers
