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How long will the Asanify Payout take to transfer and when can there be delays?

Gaurav Prasad avatar
Written by Gaurav Prasad
Updated over a year ago

Please see below the cut off timings for various transaction types:

India Domestic Payouts

NEFT transactions

This is the default mode for India salary payouts. Typically NEFT transactions should be transferred within 2 hours of initiating with some exceptions.

In case you need a faster payout (IMPS) - please contact our support team. Note that payment mode conversion will be chargeable.

The table below are the bank timings and limits for the different transfer modes:

Transfer Modes

Amount Limit

Processing Time

IMPS

Upto ₹5 lakhs (per transaction)

Credited immediately on all days 24x7.

NEFT (default)

No limit

Credited within 2 hours between 8:30 a.m. and 6:30 p.m. on NEFT working days.*

RTGS

More than ₹2 lakhs (per transaction)

Credited within 30 minutes between 7:30 a.m. and 5:00 p.m. on RTGS working days.*

UPI

Upto ₹1 lakh (per transaction)

Credited immediately on all days 24x7.

*NEFT/RTGS working days - All days except 2nd and 4th Saturdays and Sundays and all NEFT/RTGS holidays.

International Payouts

In local currency

Transfers in local currency typically gets transferred within 2 business days from the time of receipt of funds except bank holidays and weekends.

In non-local currency via SWIFT

For SWIFT transfers, the transfer may take place within 4 business days from the time of receipt of funds

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