| Channels | FedNet Internet Banking and FedMobile; branch/corporate service contexts can have different charge and limit treatment. | YES ONLINE Internet Banking, supported YES BANK mobile channels and branch. The exact current amount framework here is anchored to the YES ONLINE FAQ. |
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| Authentication | FedNet requires 2FA for transactions of any amount. Current FAQ lists mobile-based OTP/FedSecure, SMS OTP and a hardware-token option for corporates; the selected form factor also affects new-beneficiary activation. | Authenticated YES ONLINE/Mobile Banking transaction controls and the customer's configured daily transaction limit apply. Beneficiary details and transaction references should be checked carefully before submission. |
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| NEFT | FedNet documents NEFT up to ₹10 lakh as available 24x7 subject to the client's set transaction limit. Enhanced limits beyond ₹10 lakh are available Monday–Friday and eligible Saturdays from 8:45 AM–6:30 PM. | Available 24x7x365 and settles in RBI batches. YES ONLINE states no minimum and no per-transaction maximum in the bank FAQ; transfer amount remains subject to the lower customer-set or bank-enforced daily transaction limit. |
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| RTGS | RTGS uses the applicable ₹2 lakh system minimum. FedNet documents transfers up to ₹10 lakh 24x7 subject to the client-set limit, with enhanced limits beyond ₹10 lakh during the published working-day window. | Real-time 24x7x365 with ₹2 lakh minimum. The applicable customer/bank daily transaction limit and account/channel controls still constrain the usable amount. |
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| IMPS | IMPS is an instant digital rail; the reviewed Federal sources do not provide one clean universal Federal customer maximum, so v1.39 preserves the customer/channel limit model rather than inventing a daily cap. | Real-time 24x7x365; no minimum in the YES ONLINE FAQ and maximum ₹2 lakh per transaction, up to the lower customer-set or bank-enforced daily limit. |
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| Beneficiary controls | Newly added FedNet beneficiaries are activated instantly for most 2FA arrangements, but customers who selected SMS OTP as 2FA have a 24-hour beneficiary activation wait. | YES ONLINE supports beneficiary/payee transfers, but the reviewed current first-party material does not establish one universal new-beneficiary cooling duration across all retail channels, so none is inferred. |
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| Security cooling | Beneficiary cooling is authentication-form-factor dependent, not a universal Federal number. FedNet also allows customer transaction limits to be changed through its limit-management service. | Customer-set versus bank-enforced daily limits are modeled explicitly. No unsupported beneficiary wait or first-day cap is added merely because other banks use one. |
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| Charges | Current 1 June 2025 schedule: FedNet/FedMobile interbank NEFT/RTGS free; IMPS ₹2.50 up to ₹1,000, ₹5 above ₹1,000–₹25,000, ₹7 above ₹25,000–₹1 lakh and ₹15 above ₹1 lakh. Other transaction contexts can have their own tariffs. | Account/channel dependent. General savings schedule: branch RTGS ₹20/₹40 by slab, branch NEFT ₹2/₹4/₹12/₹20 by slab and IMPS ₹5 up to ₹1 lakh / ₹15 above ₹1 lakh up to ₹5 lakh. YES FIRST's current schedule shows these payment services free, demonstrating programme-specific waivers. |
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| Failure / reversal | FedNet lets customers track Pending Payments and Payments Made. Its RTGS FAQ states that where the beneficiary bank cannot credit the account, the beneficiary bank returns the funds to the remitting bank within two hours. | Keep the transaction reference and use YES BANK status/support channels when beneficiary credit is delayed. The bank FAQ notes credit time varies by transfer mode; a pending status should not be treated as permission to resend immediately. |
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