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Central Bank of India is one of the NEFT(National Electronic Funds Transfer) enabled bank and it provides customers with the facility of NEFT. Customers can avail NEFT service online as well as offline. If Central Bank of India customers are unable to obtain their net banking or mobile banking account they can make transaction offline by visiting the bank and filling Central Bank of India NEFT Form.
There are two ways to avail Central Bank of India NEFT service:
1. Online
For online transaction, the following details would be required:
2. Offline
For offline transactions, the following details would be required:
To avail NEFT service, account holders can download the Central Bank of India NEFT form here.
Transaction takes place in 12 hourly batch settlements from 8 am to 7 pm under Deferred Net Settlement (DNS) basis from Monday to Saturday (except 2nd & 4th Saturdays).
| NEFT Amount | NEFT Charges |
| Upto Rs 10,000 | Rs.2.50 + GST |
| Rs 10,000 & Upto 1 lakh | Rs.5.00 + GST |
| Above 1 lakh & Upto 2 lakh | Rs.15.00 + GST |
| Above Rs 2 lakh | Rs.25.00 + GST |
According to the Reserve Bank of India (RBI), there is no limit for an online transaction but for offline mode Rs.50,000/- is permitted per transaction.