Jana SFB NEFT Charges: Transfer Fees, Limits and Timings
Jana SFB NEFT Charges: Transfer Fees, Limits, and Timings
Jana Small Finance Bank follows RBI guidelines and offers free NEFT transfers for transactions done online via the Jana Bank Mobile app or net banking. Branch NEFT transactions carry a small service fee. NEFT is available 24 hours a day and there is no minimum amount limit.
Jana SFB NEFT Charges
| Amount | Online (App/Net Banking) | Branch Initiated |
|---|---|---|
| Up to Rs. 10,000 | Free | Rs. 2.50 + GST |
| Rs. 10,001 to Rs. 1 lakh | Free | Rs. 5 + GST |
| Rs. 1 lakh to Rs. 2 lakh | Free | Rs. 15 + GST |
| Above Rs. 2 lakh | Free | Rs. 25 + GST |
Confirm the latest fee schedule with Jana SFB, as charges are subject to periodic revision.
NEFT vs. IMPS vs. RTGS at Jana SFB
- NEFT: Batch processing every hour, free online, no minimum amount. Available 24/7.
- IMPS: Real-time transfers up to Rs. 5 lakh. Small charge may apply.
- RTGS: Real-time, minimum Rs. 2 lakh, free online.
How to Transfer Money via NEFT on Jana Bank Mobile App
- Log in to the Jana Bank Mobile app.
- Go to Fund Transfer and select NEFT.
- Add the beneficiary with their account number, bank name, and IFSC code.
- Enter the transfer amount and remarks.
- Confirm with your MPIN or OTP.
- The transfer is processed in the next NEFT settlement cycle.
Key Takeaways
- NEFT online at Jana SFB is free, per RBI’s directive.
- Branch NEFT charges range from Rs. 2.50 to Rs. 25 plus GST.
- NEFT processes in hourly batches, available 24/7 including holidays.
- No minimum amount for NEFT transfers.
- For large urgent transfers, RTGS settles in real time.
Frequently Asked Questions
Is NEFT free at Jana SFB through mobile banking?
Yes. As per RBI instructions, NEFT transactions through digital channels (app and net banking) are free for all customers.
How long does a Jana SFB NEFT transfer take?
NEFT settlements happen in hourly batches. A transfer can take up to 2 hours to credit, depending on when you initiate it.
What is the maximum NEFT amount at Jana SFB?
There is no upper limit for NEFT. For very large urgent transfers, RTGS is faster as it settles in real time.
Can I do NEFT on weekends from Jana SFB?
Yes. NEFT is available 24/7 through the Jana Bank Mobile app and net banking, including weekends and public holidays.
