{"id":9923,"date":"2026-01-16T12:01:51","date_gmt":"2026-01-16T12:01:51","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?post_type=banking&#038;p=9923"},"modified":"2026-01-16T12:01:52","modified_gmt":"2026-01-16T12:01:52","slug":"neft-charges-in-india-bank-wise-fees-limits-key-rules-2026","status":"publish","type":"banking","link":"https:\/\/lemonn.co.in\/blog\/banking\/neft-charges-in-india-bank-wise-fees-limits-key-rules-2026\/","title":{"rendered":"NEFT Charges in India: Bank-Wise Fees, Limits &#038; Key Rules (2026)"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>NEFT (National Electronic Funds Transfer)<\/strong> is one of the most used ways to send money between bank accounts in India. The good news? <strong>Most banks do not charge NEFT fees for online transfers<\/strong>.<\/p>\n\n\n\n<h3 id='quick-summary'  id=\"boomdevs_1\" class=\"wp-block-heading\">Quick Summary<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Online NEFT (Net\/Mobile Banking):<\/strong> Usually <strong>FREE<\/strong><\/li>\n\n\n\n<li><strong>Branch NEFT:<\/strong> Charges may apply<\/li>\n\n\n\n<li><strong>Minimum amount:<\/strong> No minimum limit<\/li>\n\n\n\n<li><strong>Maximum limit:<\/strong> Bank-dependent<\/li>\n\n\n\n<li><strong>Availability:<\/strong> 24&#215;7 (as per RBI)<\/li>\n<\/ul>\n\n\n\n<h2 id='neft-charges-online-vs-branch'  id=\"boomdevs_2\" class=\"wp-block-heading\">NEFT Charges \u2013 Online vs Branch<\/h2>\n\n\n\n<h3 id='online-neft-charges-net-banking-mobile-app'  id=\"boomdevs_3\" class=\"wp-block-heading\">Online NEFT Charges (Net Banking \/ Mobile App)<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u20b90 charges<\/strong> in most banks<\/li>\n\n\n\n<li>Applies to:\n<ul class=\"wp-block-list\">\n<li>Savings accounts<\/li>\n\n\n\n<li>Current accounts<\/li>\n\n\n\n<li>Retail customers<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">RBI allows banks to charge fees, but most banks have <strong>waived online NEFT charges<\/strong>.<\/p>\n\n\n\n<h3 id='neft-charges-at-branch-physical-form'  id=\"boomdevs_4\" class=\"wp-block-heading\">NEFT Charges at Branch (Physical Form)<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">When you submit an NEFT form at the bank branch, charges may apply.<\/p>\n\n\n\n<h4 id='typical-branch-neft-charges'  id=\"boomdevs_5\" class=\"wp-block-heading\">Typical Branch NEFT Charges<\/h4>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Transfer Amount<\/th><th>Charges (Approx.)<\/th><\/tr><\/thead><tbody><tr><td>Up to \u20b910,000<\/td><td>\u20b92.50 \u2013 \u20b95<\/td><\/tr><tr><td>\u20b910,001 \u2013 \u20b91 lakh<\/td><td>\u20b95 \u2013 \u20b910<\/td><\/tr><tr><td>\u20b91 lakh \u2013 \u20b92 lakh<\/td><td>\u20b915 \u2013 \u20b925<\/td><\/tr><tr><td>Above \u20b92 lakh<\/td><td>\u20b925 \u2013 \u20b950<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Charges may <strong>vary by bank and account type<\/strong>.<\/p>\n\n\n\n<h2 id='neft-charges-for-popular-banks-indicative'  id=\"boomdevs_6\" class=\"wp-block-heading\">NEFT Charges for Popular Banks (Indicative)<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Bank<\/th><th>Online NEFT<\/th><th>Branch NEFT<\/th><\/tr><\/thead><tbody><tr><td>SBI<\/td><td>Free<\/td><td>Chargeable<\/td><\/tr><tr><td>HDFC Bank<\/td><td>Free<\/td><td>Chargeable<\/td><\/tr><tr><td>ICICI Bank<\/td><td>Free<\/td><td>Chargeable<\/td><\/tr><tr><td>Axis Bank<\/td><td>Free<\/td><td>Chargeable<\/td><\/tr><tr><td>PNB<\/td><td>Free<\/td><td>Chargeable<\/td><\/tr><tr><td>Bank of Baroda<\/td><td>Free<\/td><td>Chargeable<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Online NEFT is almost always the <strong>cheapest option<\/strong>.<\/p>\n\n\n\n<h2 id='are-there-any-hidden-neft-charges'  id=\"boomdevs_7\" class=\"wp-block-heading\">Are There Any Hidden NEFT Charges?<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>No GST<\/strong> on NEFT amount<\/li>\n\n\n\n<li>Charges (if any) are <strong>flat service fees<\/strong>, not percentage-based<\/li>\n\n\n\n<li>Beneficiary usually <strong>does not pay<\/strong> charges<\/li>\n<\/ul>\n\n\n\n<h2 id='neft-vs-imps-vs-rtgs-charges-comparison'  id=\"boomdevs_8\" class=\"wp-block-heading\">NEFT vs IMPS vs RTGS (Charges Comparison)<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Method<\/th><th>Charges<\/th><th>Best For<\/th><\/tr><\/thead><tbody><tr><td>NEFT<\/td><td>Free (online)<\/td><td>Normal transfers<\/td><\/tr><tr><td>IMPS<\/td><td>\u20b92.5 \u2013 \u20b925 (bank-wise)<\/td><td>Instant transfers<\/td><\/tr><tr><td>RTGS<\/td><td>Free (online, many banks)<\/td><td>High-value transfers (\u20b92L+)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 id='faqs-neft-charges'  id=\"boomdevs_9\" class=\"wp-block-heading\">FAQs \u2013 NEFT Charges<\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1768564831944\" class=\"rank-math-list-item\">\n<h3 id='q1-is-neft-free-in-2026'  id=\"boomdevs_10\" class=\"rank-math-question \"><strong>Q1. Is NEFT free in 2026?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>A. Yes, <strong>online NEFT is free<\/strong> in most Indian banks.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1768564849948\" class=\"rank-math-list-item\">\n<h3 id='q2-do-i-have-to-pay-charges-every-time'  id=\"boomdevs_11\" class=\"rank-math-question \"><strong>Q2. Do I have to pay charges every time?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>A. Only if you use <strong>branch-based NEFT<\/strong>. Online transfers are usually free.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1768564864030\" class=\"rank-math-list-item\">\n<h3 id='q3-is-there-gst-on-neft-charges'  id=\"boomdevs_12\" class=\"rank-math-question \"><strong>Q3. Is there GST on NEFT charges?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>A. GST may apply <strong>only on the service fee<\/strong>, if charged by the bank.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1768564880887\" class=\"rank-math-list-item\">\n<h3 id='q4-can-banks-change-neft-charges'  id=\"boomdevs_13\" class=\"rank-math-question \"><strong>Q4. Can banks change NEFT charges?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>A. Yes. Banks may revise fees, but online NEFT is expected to remain free.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-1c91f5e\" id=\"br-tips-to-avoid-neft-charges\" data-block-id=\"1c91f5e\"><h2 id='tips-to-avoid-neft-charges'  id=\"boomdevs_14\" class=\"stk-block-heading__text\"><br>Tips to Avoid NEFT Charges<\/h2><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Always use <strong>mobile or net banking<\/strong><\/li>\n\n\n\n<li>Avoid branch visits for fund transfers<\/li>\n\n\n\n<li>Check your bank\u2019s <strong>service charges page<\/strong> in the app<\/li>\n<\/ul>\n\n\n\n<h3 id='conclusion'  id=\"boomdevs_15\" class=\"wp-block-heading\">Conclusion<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In 2026, <strong>NEFT is one of the most cost-effective ways to transfer money<\/strong>, especially when done online\u2014where it\u2019s usually <strong>completely free<\/strong>. Branch NEFT may attract small charges, so digital banking is the smarter choice.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-9923","banking","type-banking","status-publish","hentry"],"blocksy_meta":[],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"web-stories-poster-portrait":false,"web-stories-publisher-logo":false,"web-stories-thumbnail":false},"uagb_author_info":{"display_name":"Sanjit Chakrabortty","author_link":"https:\/\/lemonn.co.in\/blog\/author\/"},"uagb_comment_info":0,"uagb_excerpt":"NEFT (National Electronic Funds Transfer) is one of the most used ways to send money between bank accounts in India. The good news? Most banks do not charge NEFT fees for online transfers. Quick Summary NEFT Charges \u2013 Online vs Branch Online NEFT Charges (Net Banking \/ Mobile App) RBI allows banks to charge fees,&hellip;","_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking\/9923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/banking"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=9923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}