Comment on Same day fund withdrawals & update on quarterly settlements

Matti commented on 07 Apr 2020, 06:38 AM

1. While NEFT has been made available 27×7 on the retail netbanking portal, the corporate banking portals still follow the old timings. We’re following up with the banks to have this updated, however, this isn’t something that’s in our control.
2. We use NEFT/RTGS depending on the transaction amount. If the withdrawal is less than 2lk, it’s NEFT.
3. No.
4. The transfer reference details are emailed to you once the bank shares these details.

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