HDFC NEFT Form

Download the HDFC NEFT form in PDF format in this post. You can also check the details you need to fill in the form. Please note that you won’t require an HDFC NEFT form if you’re doing the transaction via online (netbanking or mobile banking).

Details to Fill in HDFC NEFT Form

Fill the following details in the HDFC NEFT Form, officially called as Application Form for Funds Transfer Through NEFT/RTGS:

Details to be filled in HDFC NEFT Form

• Branch Code/name (applicant’s branch)
• Date
• Time
• Cheque number

• Beneficiary’s Details
  • Name
  • Account Number
  • Address
  • Bank Name & Branch
  • IFSC
  • Amount to be credited (in figures)
  • Amount to be credited (in words)
  • Account Type: Resident or Non Resident (Tick)
• Remitter/Applicant Details
  • Name
  • Account Number
  • Cash Deposited (for non HDFC Bank customer)
  • Mobile/ Phone Number (mandatory) and E-Mail ID (optional)
  • Address (mandatory for non-HDFC Bank customer)
  • Remarks

Now that you have the basic information regarding the HDFC NEFT form, let’s dive into the topic of NEFT, i.e. what is NEFT and why should one be using it. But before that, here are the HDFC NEFT charges that you’ll be required to pay when submitting the HDFC NEFT form at any HDFC branch:

Charges of using HDFC NEFT Form (at the branch)

Below-mentioned are the charges payable basis the transaction amount for HDFC NEFT, at the branch:

• If the amount is up to Rs 1 lakh: Rs 2

• If the amount is more than Rs 1 lakh: Rs 10

(plus GST as per the applicable GST rates)

HDFC Bank does not charge any fee from customers when they use NEFT online. Also note that an NEFT transaction via HDFC digital banking channels can be initiated 24×7.

While we’re at it, here are the HDFC NEFT limits for online as well as at-the-branch transactions:

HDFC NEFT Limit

• 7AM to 7PM on RBI working Days: Rs 50 lakhs (may change as per the customer’s TPT** limit)
• 7AM to 7PM on working days and holidays*: Rs 2 lakhs per transaction and Rs 50 lakhs in total per day (may change as per customer’s TPT**)

*Including 2^nd and 4^th Saturday

**TPT full form: Third Party Transfer

Read More: HDFC NEFT Limit

What is NEFT?

NEFT is an acronym for National Electronic Funds Transfer and it is an electronic payment system used in India for transferring funds interbank. It is overlooked by NPCI which is a sub-body of the reserve Bank of India.

NEFT operates on a Deferred Net Settlement basis, which basically means that transactions are settled in half-hourly batches at throughout the day, as opposed to RTGS where requests are taken up on real time basis.

Why should I use the NEFT form of payment?

NEFT is a convenient and secure way to transfer funds between bank accounts. NEFT is good for smaller amounts like Re 1 to larger amounts as well; unlike RTGS, where the minimum amount must be Rs 2 lakhs. That said, it should be noted that NEFT transfers can take 30 minutes to 2 hours to credit the amount. In such cases, you may use RTGS for amounts of Rs 2 lakhs or more, or IMPS or UPI for smaller amounts worth up to Rs 5 lakhs.

Also, check other bank’s NEFT Form in the below table:

HDFC NEFT FORM: FAQs