Airtel Payments Bank enables 24×7 NEFT money transfer

New Delhi: Airtel Payments Bank on Thursday said it has enabled 24×7 NEFT transfers in line with the Reserve Bank of India’s (RBI) 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 a 24×7 basis even on holidays enabling then to receive or send funds to any bank from anywhere, anytime, the Bank said.

Airtel Payments Bank customers can transfer funds via NEFT using the banking section of the Airtel Thanks app or the 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.