City Union Bank NEFT Charges, Timings, Limit & How To Transfer

City Union Bank is a trusted Indian private sector bank with a strong presence in digital banking. One of the most commonly used fund transfer services offered by the bank is NEFT (National Electronic Funds Transfer) — a secure and convenient way to send money across bank accounts in India.

In this article, we will explain City Union Bank NEFT charges, timings, transaction limits, and how to transfer money step‑by‑step in clear and easy language.

What is NEFT?

NEFT stands for National Electronic Funds Transfer, an electronic payment system regulated by the Reserve Bank of India (RBI). It allows customers to transfer money from one bank account to another anywhere in India.

NEFT processes transactions in half‑hourly settlement cycles, and funds are usually credited within 30 minutes to a few hours, depending on the time the transfer request is processed.

City Union Bank NEFT Charges

City Union Bank follows RBI directives and offers different charges depending on whether the transfer is done online or through a branch.

Online NEFT Charges

• Internet Banking: FREE
• Mobile Banking App: FREE

City Union Bank does not levy any charges for NEFT transactions done online. This is part of the bank’s effort to encourage customers to use digital banking platforms.

Branch NEFT Charges

If you choose to initiate NEFT at a City Union Bank branch counter, nominal charges may be applicable:

GST will be applicable on these charges wherever required.

City Union Bank NEFT Timings

Online NEFT

Thanks to recent RBI updates, NEFT is now available 24×7, including weekends and bank holidays, when initiated via Internet Banking or Mobile Banking.

Branch NEFT Timings

• NEFT services at bank branches are offered during standard banking hours:
• Monday to Friday: 10:00 AM – 4:00 PM
• Saturdays: Shorter hours (varies by branch)

However, since NEFT transactions are settled in half‑hourly cycles throughout the day, online transfers initiated any time will still be processed.

City Union Bank NEFT Limits

NEFT itself does not come with a minimum or maximum limit set by the RBI, but City Union Bank may apply internal limits based on your banking channel:

Limits can vary based on your customer profile, account type, and relationship with the bank.

How to Transfer Money via NEFT in City Union Bank

Here’s a detailed step‑by‑step guide to transferring funds using NEFT:

Step 1: Login

• Visit the official City Union Bank website: https://cityunionbank.bank.in/
• and log in to your Internet Banking account, or open the Mobile Banking App.

Step 2: Add Beneficiary

Go to Funds Transfer → Add Beneficiary and enter:

• Beneficiary Name
• Account Number
• IFSC Code (City Union Bank IFSC begins with CIUB0XXXXX)

Submit these details and wait for beneficiary activation (may take a short time).

Step 3: Initiate NEFT Transfer

Once the beneficiary is activated in your account:

1. Select the beneficiary
2. Enter the transfer amount
3. Choose NEFT as the payment mode
4. Add remarks (optional)

Step 4: Authenticate

You will receive an OTP (One‑Time Password) or prompt to enter your transaction PIN. Enter it to authorize the fund transfer.

Step 5: Confirmation

After successful transfer, save or download the UTR (Unique Transaction Reference) number for tracking purposes.

Benefits of NEFT with City Union Bank

• Free online transfers
• 24×7 availability for digital payments
• Secure, RBI‑regulated system
• Suitable for sending funds of all values
• Easy to use via internet and mobile banking

Important Tips for Users

• Always double‑check the beneficiary account number and IFSC code before confirming the transfer.
• Add beneficiaries well in advance to avoid delays.
• Online transfers are faster and charge‑free compared to branch transactions.
• In the rare case of failed transactions, funds are usually reversed within 1–2 working days.

Conclusion

City Union Bank’s NEFT facility is a secure, convenient, and cost‑effective way to transfer money across India. With zero charges for online transactions, round‑the‑clock availability, and simple steps, it has become a top choice for customers who need reliable and fast digital payments.

For best results, customers should always prefer internet or mobile banking channels when initiating NEFT transfers.