Using IFSC for NEFT Transfer-indian-bank-ifsc-code

NEFT is commonly used to electronically transfer money from one bank account to another. It saves you the hassle of going to the bank and submitting a cheque. You simply need to enter the IFSC code of the bank branch of the beneficiary (any branch within India) and enter the amount of sum you want to transfer. However, the money is transferred to the beneficiary’s account in batches and not instantly.