How to do Bulk NEFT

Bulk NEFT is useful for credit the salary, Scholarship, different type of Govt. fund from one bank to other bank.

Step for Bulk NEFT

1. First prepare the .txt file as –

SR NO|DEBIT ACCOUNT|AMOUNT|IFSC|CREDIT ACCOUNT|ACCOUNT HOLDER NAME|SB

EX.-

0001|12340100005678|1000|SBIN0012345|9876543219876|ABC DEFGH|SB

0002|

0003|

..

..

..

( If you face difficulty for preparing the .txt file then write in comments Box. I will provide you the convertor from excel to text)

 

2. Save as the .txt file as debit account_yyyymmdd_01

If debit account number is 12340100005678 & date is 26-07-2020 then file name is as below

 12340100005678_20202607_01

3. for uploading in Finacle use menu – BULKNEFT

In Option 1 – upload

In Option 2 – browse (where the .txt file is locate)

In option 3 – write the debit account number.

And submit.

It is time bound menu and it will allow to upload up to 3:00 pm only and verification must be done up to 4:00pm only.