Given below is the list of Banks for fund transfer through NEST instant transfer.
- Axis Bank
- Bank of Baroda
- Bank of India
- Bank of Maharashtra
- Capital Small Finance Bank
- Catholic Syrian Bank
- City Union Bank
- Deutsche Bank
- Dhanlaxmi Bank
- Federal Bank
- HDFC Bank
- IDBI Bank
- IDFC First Bank
- ICICI Bank
- Indian Bank
- Indian Overseas Bank
- Indusind Bank
- Jammu and Kashmir Bank
- Karnataka Bank
- Karur Vysya Bank
- Kotak Mahindra Bank
- Lakshmi Vilas Bank
- Punjab National Bank
- Saraswat Bank
- State Bank of India
- Tamilnad Mercantile Bank
- Union Bank of India
- YES Bank
- AU Small Finance Bank
For instant fund transfer banks have to develop their system for Third Party Validation (TPV) which confirms us from where the funds are coming. In case the bank do not share this information then Third Party Validation cannot be made. This TPV facility is not available with other banks that are not listed above.
Why other banks are not listed?
In case your bank is not listed here you may still transfer funds through NEFT which would take less than an hour to get updated in your trading account.
My bank is Punjab National Bank . I surprise my bank is top national bank and it is not in your bank list !!!!
For instant fund transfer banks have to develop their system for Third Party Validation (TPV) which confirms us from where the funds are coming. In case the bank do not share this information then Third Party Validation cannot be made. This TPV facility is not available with Punjab National Bank. Hence, it is not listed in the above list.
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I seek a clarification before account opening, that in case, there is sufficient Fund in my Account with you, delivery based shares will come in my demat account with you, and such delivery based shares will not be part of your (Broker) Pool Account. If you give me confirmation to this effect, I will happily go ahead and open an account with you. I have raised a ticket to this effect also, #555318
Yes, you are right. If you have sufficient balance in your trading account then delivery shares bought by you will come to your demat account.
sir plss add united bank of india.
How payment done via cheque
We would suggest to transfer funds through instant payment gateway facility if you have linked any bank among 28 banks listed. This will allow you to get the funds to your trading account instantly. You may also transfer using NEFT/IMPS through which the funds would get credited to your trading account within one hour. If you still need the bank account details for cheque deposit, kindly send an email to firstname.lastname@example.org. We will revert with the bank details.
HOW CAN I TRANSFER KOTAK TO KOTAK (VNS FINANCE) INSTANT TRANSFER. SEND ME LINK OR GUIDE ME TOMORROW MORNING AT 9:00 ON 9737888238 WITHOUT FAIL
You can use instant payment facility available in NEST trader terminal. Login your NEST, go to Secured URL (Available in menu bar), click on payin. You are required to enter the amount to be transferred. Then you will be redirected to your net banking page.
You can also transfer from Sine mobile app. Login Sine mobile app. click on three horizontal line from top left corner. Click on fund transfer and enter the amount. After entering your net banking login credentials, your funds will be transferred instantly.
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