Airtel Payments Bank customers can use 24X7 free NEFT

Airtel alert! In-line with the Reserve Bank of India’s guidelines, Airtel Payments Bank customers will now be able to use the National Electronic Funds Transfer (NEFT) facility at any time of the day. The facility will be available to customers on 24x7 basis even on holidays enabling then to receive or send funds to any bank from anywhere, anytime.

Speaking on the development Ganesh Ananthanarayanan, Chief Operating Officer, Airtel Payments Bank said, “We are committed to providing customers with efficient and smooth banking experience. We welcome the RBI mandate as it will allow our customers to easily transfer the money to any bank account at any time using NEFT mode. This will add to the overall online banking experience for the customers.”

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Airtel Payments Bank customers can transfer funds via NEFT using the banking section of the Airtel Thanks app or website of Airtel Payments Bank. They need to select the ‘Transfer Money’ option followed by ‘transfer to Bank’. A screen to register the beneficiary will appear. Once the beneficiary registration process is completed, the customer can easily transfer the money.

Airtel Payments Bank offers a host of solutions like UPI, IMPS, debit card and wallet to make digital payments and money transfers.