Corporation Bank provides its customers with the facility of fund transfer through NEFT (National Electronic Funds Transfer). Corporation Bank account holders can avail NEFT facility by filling Corporation Bank NEFT Form online (net banking or mobile banking) or offline (visiting bank branch).
Note: Andhra Bank has been merged with Union Bank of India. To know more about NEFT Form provided by Union Bank of India, click here.
How to fill Corporation Bank NEFT Form?
Customers can avail the Corporation Bank NEFT service in two ways –
1. Online
For online transaction, the following details would be required:
- Name of the beneficiary customer
- Name of the beneficiary bank
- IFSC code of the receiving branch
- Account number of the beneficiary
- Amount to be remitted
- Choose NEFT as a fund transfer method
2. Offline
For online transaction, the following details would be required:
- Name of the beneficiary customer
- Name of the beneficiary bank
- IFSC code of the receiving branch
- Account number of the beneficiary
- Amount to be remitted
Corporation Bank NEFT Timings
| Days | NEFT Timings |
| Weekdays | 8 am to 7 pm |
| Saturdays (Except on 2nd & 4th Saturdays) | 8 am to 7 pm |
| Saturdays (1st, 3rd & 5th) & Sundays | – |
To, know more about Corporation Bank timings, click here
Corporation Bank NEFT Charges
There are no charges for inward NEFT. For outward NEFT:
| NEFT Amount | NEFT Charges |
| Up to Rs. 10,000 | Rs. 2.50 |
| Rs. 10,001 to Rs.1 lakh | Rs. 5.00 |
| Above Rs. 2 lakh | Rs. 25.00 |
Corporation Bank NEFT Benefits
- NEFT is a flexible and economical payment option
- NEFT transfer is really quick and customers can enjoy rapid settlement of accounts
Corporation Bank NEFT Limit
According to the Reserve Bank of India (RBI) guidelines, cash remittance is permissible upto Rs.50,000 for offline transactions.