Need to transfer money from your UCO Bank account to another bank? NEFT (National Electronic Funds Transfer) is one of the safest, RBI-approved ways to do it.
Here’s everything you need to know about UCO Bank NEFT charges, limits, timings, and how to use the service easily in 2025.
What Is NEFT?
NEFT is a payment system regulated by the Reserve Bank of India (RBI) that enables you to transfer funds electronically from your UCO Bank account to any bank in India — 24×7 (online).
Safe & secure
Works across all Indian banks
Ideal for personal and business transactions
UCO Bank NEFT Charges (2025)
Free for online NEFT transfers using UCO Net Banking or UCO mBanking Plus App.
Charges apply only for NEFT at the branch.
Branch NEFT Charges (Offline):
| Transfer Amount | Charges (Excl. GST) |
|---|---|
| Up to ₹10,000 | ₹2.25 |
| ₹10,001 to ₹1 lakh | ₹4.75 |
| ₹1 lakh to ₹2 lakhs | ₹14.75 |
| Above ₹2 lakhs | ₹24.75 |
GST at 18% will be added to the above rates.
UCO Bank NEFT Timings
| Mode | NEFT Timing |
|---|---|
| Online | 24×7×365 |
| Branch | Typically 10:00 AM to 4:00 PM (weekdays), 10:00 AM to 1:00 PM (working Saturdays) |
NEFT is processed in half-hourly settlement batches, so your transfer usually completes within 30–120 minutes.
UCO Bank NEFT Limits
| Mode | Minimum | Maximum per Day |
|---|---|---|
| Net Banking | ₹1 | ₹10 lakhs |
| Mobile Banking | ₹1 | ₹5 lakhs |
| Branch | ₹1 | Based on account profile |
You can increase your NEFT limit by submitting a request via branch or online banking.
How to Use NEFT with UCO Bank
Internet Banking:
- Log in at https://www.ucobank.com
- Go to “Fund Transfer → NEFT”
- Add/select beneficiary
- Enter amount and remarks
- Confirm with OTP to complete the transfer
Mobile App (UCO mBanking Plus):
- Log in to the UCO mBanking Plus app
- Tap “Transfers” → “NEFT”
- Select account and beneficiary
- Enter amount → Confirm with MPIN or OTP
Branch Transfer:
- Visit your branch
- Fill out the NEFT request form
- Submit with cheque or cash
- Bank will process the transfer during NEFT hours
FAQs
Q1: Is NEFT free in UCO Bank?
Yes, NEFT is free via net banking and mobile app. Charges apply only at the branch.
Q2: Can I transfer money on holidays?
Yes. NEFT is available 24×7 online, including Sundays and public holidays.
Q3: What do I need to make a NEFT transfer?
You need:
- Beneficiary’s name
- Account number
- Bank name and IFSC code
Q4: What happens if the transfer fails?
The amount is usually reversed within 1–2 working days. You can contact UCO Bank customer care or your branch for help.
Key Takeaways
- NEFT is free online, charged only for in-branch transfers
- Works 24×7 via internet and mobile banking
- Use NEFT for safe, RBI-regulated bank-to-bank transfers
- Branch NEFT charges range from ₹2.25 to ₹24.75 + GST
