I think National Electronic Funds Transfer (NEFT) is one of the most commonly services used in Internet Banking in India. Started more than 10 years ago in 2005, NEFT has become an integral part our daily lives. Quick and reliable, it has slowly replaced payments through cheques as the transfer gets done within two hours nowadays.
Though rare, a NEFT transfer may fail due to some technical glitch. It may happen at the time of heavy load of payments during the last day of the month or so. Here’s what you need to do, in case your NEFT transfer fails i.e remitter account is debited but the beneficiary account is not credited with the amount!
Though rare, a NEFT transfer may fail due to some technical glitch. It may happen at the time of heavy load of payments during the last day of the month or so. Here’s what you need to do, in case your NEFT transfer fails i.e remitter account is debited but the beneficiary account is not credited with the amount!
