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Have you ever been unable to transfer funds during weekends, public holidays or after bank cut-off times? Now, you don't have to worry about it anymore! The Reserve Bank of India (RBI) has set up online NEFT transfers as a round-the-clock (24\/7) uninterrupted process, including weekends and holidays. As a result, NEFT transfers through Paytm Payments Bank now achieve round-the-clock (24x7x365) availability! You can transfer money from your savings account anytime you need it, up to Rs. 1 lakh per transaction. If you are one of our corporate customers, you can pay up to Rs. 5 lakhs per transaction from your PPBL current account via NEFT at any time of the year. All you need to do is initiate the transfer process and we will automatically choose the best method between UPI, IMPS, and NEFT to transfer the money for you easily.<\/p>\n
Previously, NEFT services were not available during public holidays and people had to wait for bank branches to open even for online transfers. Moreover, NEFT transactions could be settled only between 8 am and 7 pm. On the first and third Saturdays, settlement is limited to 8 a.m. to 1 p.m. This initiative by RBI will certainly help us enhance the banking experience of our customers and accelerate our mission of providing a new era of financial services to underserved and unserved Indians across the country.<\/p>","protected":false},"excerpt":{"rendered":"
Have you ever been unable to transfer money over the weekend, during public holidays or after bank cut-off times? Now, ...<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-847","post","type-post","status-publish","format-standard","hentry","category-6"],"yoast_head":"\n