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Old 01-06-09   #1
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NEFT cheque transfer from your bank


Well i dont know how many of you know this or not .I am posting this so that those who dont know about NEFT cheque transfer can make the use of this wonderful feature .

RBI have started an new payment option .Now you can Transfer the amount from your bank .Visit your Branch ,write the cheque in payee's name along with account no on cheque ; go to the counter (Not the cash counter ,this counter are different from the cash counter) asking for transfer .That's it and you are done ,only thing you need to know is IFS code of the payee

Advantage :
+ Instantaneous transfer
+ No standing in Queue
+No need of Internet to transfer
+ Any person from your family or friends can do this who dont know how to make online transfer or who dont have online transfer facility activated can do it :d
+ Charges are same as NEFT normal charges ,mini 5 rs per transaction
+No need to carry cash in hand while going to bank

Disadvantage
- You have to visit to bank to make payment (this is biggest issue to lazy chaps like me )


Hope that information is useful to all our E members and dealers


With regards ,
Vijay choudhari aka predatorvj
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Old 01-06-09   #2
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Re: NEFT cheque transfer from your bank

hmmm.. i still prefer online

too lazy to write a cheque
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Old 01-06-09   #3
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Re: NEFT cheque transfer from your bank

Thanks Vj.
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Old 01-06-09   #4
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Re: NEFT cheque transfer from your bank

Good for those who forgot their passwords and need to make a payment. Excellent for me in cases where friends have to repay me and give an excuse that they forgot the password.
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Old 01-06-09   #5
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Re: NEFT cheque transfer from your bank

Wasn't this prevailing, already??..
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Old 16-01-11   #6
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Re: NEFT cheque transfer from your bank

Great info
thanks for sharing
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Old 16-01-11   #7
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Re: NEFT cheque transfer from your bank

thx for info
same here laziness issue lol
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Old 16-01-11   #8
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Re: NEFT cheque transfer from your bank

Originally Posted by ViKiD View Post
hmmm.. i still prefer online

too lazy to write a cheque

lol amber .. me too. Besides, WhoTF knows where my cheque book is
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Old 16-01-11   #9
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Re: NEFT cheque transfer from your bank

Aye Aye Aye! 2 year old thread! *Tsk* *Tsk*
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Old 16-01-11   #10
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Re: NEFT cheque transfer from your bank

LOLz till now I only use my cheque book to pay my son's fee and to pay the govt's charges like the electricity and phone charges !!!
been online for most of my payments for many years now !!
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Old 24-05-11   #11
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Re: NEFT cheque transfer from your bank

NEFT & RTGS is available in almost all banks from online itself.

You don't even have to go to bank to transfer money.
Cost is very less, up to 100000 (1 lakh rupees , charge is 5 rs only)
Check out your bank site.
Money transfer takes same day, if the bank timing hasn't over or next day, if bank time is over.
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Old 10-05-12   #12
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Re: NEFT cheque transfer from your bank

good move by rbi
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