Need to transfer money from your Punjab National Bank (PNB) account? NEFT (National Electronic Funds Transfer) is one of the safest and most commonly used ways to do it.
In this guide, you’ll learn about PNB NEFT charges, limits, timings, and how to use it — whether online or at the branch.
What Is NEFT?
NEFT is an RBI-regulated fund transfer system that lets you send money to any bank account in India. It’s widely used for payments that aren’t time-sensitive and works even on weekends and holidays (online).
✅ NEFT is:
- Safe and secure
- Available 24×7 (for online users)
- Ideal for personal and business payments
PNB NEFT Charges (2025)
PNB charges NEFT fees only at branches. Online NEFT (via mobile app or net banking) is 100% free.
Charges for NEFT at PNB Branches
| Amount (₹) | NEFT Charges* (Excl. GST) |
|---|---|
| Up to ₹10,000 | ₹2.25 |
| ₹10,001 – ₹1,00,000 | ₹4.75 |
| ₹1,00,001 – ₹2,00,000 | ₹14.75 |
| Above ₹2,00,000 | ₹24.75 |
✅ No charges for NEFT via PNB Internet Banking or PNB One app
*GST (currently 18%) applies on the above charges.
PNB NEFT Timings
| Mode | Timings |
|---|---|
| Online | 24×7×365 (including Sundays & holidays) |
| Branch | As per branch working hours (usually 10 AM – 4 PM on weekdays, 10 AM – 1 PM on Saturdays) |
💡 NEFT is processed in half-hourly batches, so most transfers are completed within 1–2 hours.
PNB NEFT Transfer Limits
| Mode | Minimum Amount | Maximum Daily Limit |
|---|---|---|
| Online | ₹1 | ₹10 lakhs* |
| Branch | ₹1 | Based on customer profile |
* Limit can be increased upon request and profile update.
How to Use NEFT in PNB
1. Via Internet Banking
- Log in to https://www.pnbnet.net.in
- Go to “Transactions” → “NEFT”
- Add beneficiary (if not already added)
- Enter amount, purpose, and confirm with OTP
2. Via PNB One App
- Open the app and log in
- Tap Fund Transfer → NEFT
- Select your beneficiary
- Enter amount → Confirm with MPIN/OTP
3. At a Branch
- Fill out the NEFT form
- Provide receiver’s name, bank name, IFSC, and amount
- Submit the form with your ID and cheque/cash (if applicable)
FAQs
Q1: Is NEFT free for PNB customers?
A. ✅ Yes, if done via internet banking or PNB One app. Charges apply only for in-branch NEFT.
Q2: Can I send NEFT on Sundays or holidays?
A. Yes, if you’re using PNB’s online platforms. Branches are closed, but NEFT runs 24×7 digitally.
Q3: How long does NEFT take?
A. Usually within 30 minutes to 2 hours. Sometimes instantly, depending on the receiving bank.
Q4: What do I need for NEFT?
A. You need:
Receiver’s account number
Bank name
IFSC code
Key Takeaways
- PNB NEFT is free online, charged only at branches
- Transfer limit for NEFT is ₹10 lakhs/day (online)
- Works 24×7 via internet banking and mobile app
- Ideal for all types of bank-to-bank money transfers in India
