National Electronic Funds Transfer (NEFT):-andhra-bank-ifsc-code

National Electronic Funds Transfer (NEFT) enables one to transfer funds online from one bank to another. It ensures hassle-free fund transfer in less time. NEFT facility is available for the customers who have savings/current accounts with the bank. By paying a minimal charge, an account holder can remit the funds to another bank account in a few hours. However, the process of fund transfer is time-bound and it takes place in batches and not in real-time.