Coming soon

NEFT / RTGS

NEFT / RTGS is a bank transfer method. Customers pay by: domestic indian bank transfer.

Category
Bank payments
Type
Bank transfer
Customer experience
Domestic Indian bank transfer
Currencies
INR
Markets
1 countries
Recurring
Not supported
Refunds
Full and partial
Payment links
Supported
Hosted checkout
Supported
API
Supported
Settlement
Same day to T+2 once the bank credit is confirmed

Available through The Vision Bank

On the roadmap. Not yet contractable — timing depends on partner and licensing progress.

Availability depends on your merchant country, legal entity, customer country, industry, risk classification, currency, product and payment-partner coverage. Nothing on this page is an offer of service.

Check eligibility

Pricing for NEFT / RTGS

One rule everywhere: the underlying provider cost plus a $1.00 per transaction Vision markup. Scheme, network and FX charges are always shown separately, at cost.

Underlying provider cost
Provider cost band, typically $0.20–$1.50 per transfer
Vision markup
$1.00 per transaction
What you pay
Provider cost + $1 per transfer
Scheme & network charges
Correspondent or high-value rail charges billed at cost where they apply
Currency conversion
FX applied only on cross-currency transfers
Settlement
Instant to T+2 depending on the rail

These bands show how a price is built, not a quote. Your rate is confirmed at onboarding once your entity, industry, volume and markets are reviewed.

Partner infrastructure

NEFT / RTGS is processed through regulated infrastructure. Partner identities are disclosed only where the relationship is confirmed and cleared for publication.

  • Tier 1 banking partners

    Large, systemically important banks that hold client funds, issue IBANs and clear major currencies.

    Same-day to T+1 in the settlement currency

  • Tier 2 banking partners

    Regional and specialist banks used for domestic clearing, local currency accounts and corridor coverage.

    T+0 to T+2 depending on the domestic rail

  • Licensed payment partners

    Regulated payment institutions and acquirers that hold the scheme memberships and licences required to process a method.

    T+1 to T+5 depending on scheme and risk profile

Eligibility & requirements

Every merchant

  • · A registered business entity with incorporation documents
  • · Identification for directors and beneficial owners (KYC / KYB)
  • · Description of the business model, products and customer base
  • · Expected monthly volume, average transaction size and target markets
  • · A live website or product with clear terms, refund and privacy policies
  • · Sanctions, AML and risk screening of the entity and its owners

Entity

  • · Registered entity
  • · Account in the currency of the rail

Technical

  • · Reconciliation against reference or virtual account
  • · Mandate capture for direct debit

Compliance

  • · Mandate and authorisation records for pull payments
  • · Return and dispute handling

Markets where customers use it