How To Check NEFT Transaction Status?

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National Electronic Fund Transfer has increasingly gained acceptance and is fast displacing cheques as the means to sending and receiving money.

There are no disadvantages of this system, except the minimal charges that are applicable, as compared to cheques, which are free.

  How To Check NEFT Transaction Status?
However, there are many individuals who often ask the question: How to know if NEFT amount has been credited to the party.

Here is how you could check the NEFT transaction status?

There are two ways in which you would know if the NEFT transaction is complete:

1) Through SMS

Let us say, you add a beneficiary to the NEFT transfer mechanism, when you are sending and receiving money. You would have to furnish your email and phone number.

After the beneficiaries account has been credited, you get an instant alert, through an SMS, that the beneficiary account has been credited. This is how you would know that the NEFT transaction has been completed.

2) Through EMAIL

You would also know if the beneficiary account has been credited by email. Banks like HDFC Bank allow you an option to either give your email or phone number, before you make an online NEFT transfer.

If you have no net access over your phone, it is better to give the phone number, so as to enable you know immediately if you have received the amount or not.

3) Contact the bank

You can also contact the bank to know if the NEFT transaction status has been completed. You need to give at least 2 hours.

When should you check your NEFT transaction status?

Normally, the NEFT transaction is almost always completed before two hours, however, at times there can be a delay, which is why we are saying you need to give at least two hours.

Normally, there can be many issues that has led to non credit. For example, if the IFSC code is wrong the amount would almost always be returned back.

Read more about IFSC codes and its significance here

In such cases what does happen is that the bank credits the amounts back to the person. This is only when the beneficiaries account is not credited.


It is important to give your mobile number and email ID, so as to enable the bank send either an SMS to you informing you that the beneficiaries account has been credited through the NEFT transaction.

The system is today full proof and if the IFSC codes are correct, there is no question of the amount not being credited. In any case, cross check all relevant details before sending money.

Before sending money through NEFT do check bank IFSC Codes here

Read more about: neft, ifsc, how to
Story first published: Wednesday, June 1, 2016, 9:13 [IST]
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