- What is NEFT?
- What are the transaction or service charges for NEFT transactions?
- What are the NEFT Transaction timings?
- Can I make a part pre-payment on my Home Loan Account through NEFT with ICICI Bank??
National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Under this Scheme, individuals can electronically transfer funds from any bank branch to any individual having an account with any other bank branch in the country participating in the Scheme.
|Amounts upto Rs 10,000||Rs 2.50 + Service Tax|
|Amounts above Rs 10,000 and upto Rs 1 lakh||Rs 5 + Service Tax|
|Amounts above Rs 1 lakh and upto Rs 2 lakh||Rs 15 + Service Tax|
|Amounts above Rs 2 lakh and upto Rs 10 lakh||Rs 25 + Service Tax|
|Monday to Friday||8:00 AM to 6:30 PM|
|Saturdays||8:00 AM to 12:30 PM|
Yes, ICICI Bank accepts part pre- payment of your Home Loan through National Electronic Funds Transfer (NEFT). In case you want to make part pre-payment on your Home Loan Account through NEFT you need to visit the nearest ICICI Bank branch. For the list of Branches nearest to you please click here. The Service Request number received during branch visit must be mentioned in the remarks column in the NEFT form while making part prepayment through NEFT. Please note that the transactions with invalid request numbers will be rejected. Minimum 1 EMI to be paid as a part pre-payment amount.