Given below is the list of Banks for fund transfer through NEST instant transfer.

Sr. No.Bank Name
1Axis Bank
2Bank of India
3Bank of Maharashtra
4State Bank of Patiala
5Catholic Syrian Bank
6City Union Bank
7Deutsche Bank
8Dhanlaxmi Bank
9Fedral Bank
10HDFC Bank
11ICICI Bank
12IDBI Bank
13Indian Bank
14Indian Overseas Bank
15Indusind Bank
16Jammu and Kashmir Bank
17Karnataka Bank
18Karur Vysya Bank
19Kotak Mahindra Bank
20Lakshmi Vilas Bank
21Saraswat Bank
22State Bank of Bikaner and Jaipur
23State Bank of Hyderabad
24State Bank of India
25State Bank of Mysore
26State Bank of Travancore
27Tamilnad Mercantile Bank
28Yes Bank


Why other banks are not listed? 

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.

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.

Comments

  1. Pingback: Difference Between NOW and NEST | Knowledge Base

  2. NIMESHKUMAR MODI

    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

    1. Trade Smart Online Article Author

      Hello NimeshKumar,
      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.

Ask a question