NEFT is an abbreviation for "National Electronic Funds Transfer". The NEFT is a nation wide payment system facilitating one-to-one funds transfer. It operates on a deferred net settlement (DNS) basis and settles transactions in batches. The settlement takes place with all the transactions received before a certain cut-off time. NEFT is not available on the bank holidays, RBI holiday and Sunday.
2017 December 18 is a bank holiday in Meghalaya due to Death Anniversary Of U SoSo Tham.
2017 December 19 is a bank holiday in Goa due to Goa Liberation Day.
2017 December 21 is a bank holiday in Sikkim due to Losoong/Namsoong.
2017 December 25 is a bank holiday in Andaman And Nicobar Island due to Christmas.