Institute for Development and Research in
Banking Technology
Hyderabad
NEFT Message Formats
FEBRUR! "#$#
Table of Contents
1 Message for transmitting NEFT credit lists to Bank Gateway - IFN298N2!!!!!!!!!!!!!!!"
2 #$tward %e&it Messages from NEFT Branc'es IFN298N(!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!)
" *et$rn Transactions from NEFT Branc'es IFN298N+!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!+
, #$tward - Inward .redit confirmation message at &ranc' IFN298N1!!!!!!!!!!!!!!!!!!!!1
) Message for transmitting ret$rn transaction details to Bank Gateway IFN298N"
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!11
( Transmission of *e/ected Transactions at NEFT 0er1ice 0tation to Bank Branc'es
IFN298N9!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1"
+ End-of-%ay-End-of-Batc' Message IFN298N,!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1)
1 Message for transmitting NEFT credit lists to Bank Gateway -
IFN2!N"2
M#$ Field No Field Name Contents #
$%tions
&escri%tion
M 2020 Transaction
Reference
Number
16x Uniquely identifies the
message.
M !! "atch Time #$n %t is the netting batch time
&hose settlement resulted in
this in&ard credit.
M !1'0 Total ( of
transactions
'n Total ( of transactions )loo*s+
in the message
M #110 Total amount 1,d -um of .mounts in loo*s
Re*eating /rou* "egins
M 2020 Transaction
Reference
Number
16x Uniquely identifies the
transaction )loo*+. %t is the
transaction reference
s*ecified by the sender in
originating 2,'N06 message.
0 2006 Related
Reference
Number
16x Transaction reference of the
original N02 message that is
returned through N012 for
&hich this N02 is created..
This is *o*ulated only &hen
an N02 is created because of
an N01 message. N02
%n&ard return.
M !1!6 -ending
branch3s
%4-5
#$a#$c6$c7 -ending branch3s %4-5
0 60! -ending
customer a8c
ty*e
2$c -ender3s account ty*e.
M 6021 -ending
customer a8c
(
!x -ender3s account Number
M 60,1 -ending
customer a8c
name
!0x -ender3s account name
M 1002 0riginator of
Remittance
#9!x
M !!6, "eneficiary
branch3s
%4-5
#$a#$c6$c7 Reci*ient branch3s %4-5
0 610 "eneficiary
customer a8c
ty*e
2$c Recei:ing customer3s
account ty*e
M 6061 "eneficiary
customer a8c
(
!x Recei:ing customer account
Number
M 60'1 "eneficiary !0x Recei:ing customer3s
customer a8c
name
account name
0 !!6! "eneficiary
customer
address
#9!x "eneficiary customer address
0 1#,! Remittance
information
69!x %nformation on remittance
gi:en by the sending
customer
0 6#6 Reason 5ode $x %t is the reason code for
&hich an initial N02 message
&as returned. This is
*o*ulated only &hen an N02
is created because of an N01
message.
0 666 Re;ection
Reason
!0x <escri*tion of the reason for
return. This is *o*ulated only
&hen an N02 is created
because of an N01 message.
M #0' .mount 1,d =alue of the remittance
M '0 =alue <ate '$n <ate on &hich settlement has
ta>en *lace
M 1! Remittance
<ate
'$n <ate on &hich the sender
branch initiated the
remittance.
Re*eating /rou* ?nds
Note' The message 2,'N02 is recei:ed from R"% after the netting *rocess is com*leted. The
message is sent to the beneficiary ban>3s ser:ice center from &here it reaches the final
beneficiary branch. The branch that initiates the out&ard debit )2,'N06+ or return transaction
)2,'N01+ &ould not recei:e any message if the messages &ere acce*ted at R"%. The beneficiary
ban> &ill recei:e only 2,'N02 message irres*ecti:e of the debiting ban> is sending a 2,'N06 or
2,'N01 message. The only difference bet&een a 2,'N02 recei:ed for a 2,'N06 or 2,'N01
message is *resence of fields 2006)Related Reference Number+2 6#6 )reason code+ and 666
)Re;ection Reason+ in a 2,'N02 message that is recei:ed because of a return transaction
)2,'N01+.
2 $(tward &ebit Messages from NEFT Branc)es IFN2!N"*
M80 4ield
No
4ield Name 5ontents 8
0*tions
<escri*tion
M 2020 Transaction Reference
Number
16x Uniquely identifies the message.
0 !! "atch Time #$n "atch Time.
The field is o*tional but if s*ecified it
must be either 100 or 1200 or 1600.
M 1106 Total number of loo*s
in the message
!n Number of transactions)loo*s+ in the
message
M #06 -um of .mounts 1,d -um of all amounts in the loo*s
Re*eating /rou* "egins
M 2020 Transaction Reference
Number
16x Uniquely identifies the transaction
)loo*+
M #0' .mount 1,d =alue of the remittance
M '0 =alue <ate '$n <ate on &hich settlement ta>es
*lace. %t can be only the current date.
M !1!6 -ending branch3s %4-5 #$a#$c6$c7 -ending branch3s %4-5.
The %4-5 must be -4M- ?nabled
only.
0 60! -ending 5ustomer
.ccount Ty*e
2$5 -ender3s account ty*e
.llo&ed :alues are
10 @ -.=%N/- ".NA
11 @ 5URR?NT .550UNT
1 @ 5.-B 5R?<%T
1# @ C0.N .550UNT
12 @ 0:erdraft
#0 D NR?
!0 D Remittance for 5ustomer not
ha:ing account in ban>
!1@ %ndo Ne*al Remittance
!2 D 5ard to 5ard Eayments
M 6021 -ending 5ustomer
.ccount Number
!x -ender3s account Number
M 60,1 -ending 5ustomer
.ccount Name
!0x -ender3s account name
$ +*2 ,ending C(stomer
Mobile No#Email Id
-.c
*2/
,ender0s mobile n(mber or e-mail
id1
-.c s)o(ld be eit)er ,M, or EM2
only
*2/ contains e-mail id or mobile
n(mber
Mobile n(mber s)o(ld be at least
1" digits
M 1002 0riginator of
Remittance
#9!
M !!6, "eneficiary branch3s
%4-5
#$a#$c6$c7 Reci*ient branch3s %4-5
The %4-5 must be -4M- ?nabled
only.
%4 =al )60!+ F !1
Then =al )!!6,+ F -"%N000##0
0 610 "eneficiary 5ustomer
.ccount Ty*e
2$5 Recei:ing customer3s account ty*e
.llo&ed :alues are
10 @ -.=%N/- ".NA
11 @ 5URR?NT .550UNT
1 @ 5.-B 5R?<%T
1# @ C0.N .550UNT
12 @ 0:erdraft
#0 D NR?
M 6061 "eneficiary 5ustomer
.ccount Number
!x "eneficiary 5ustomer .ccount
Number
%4 =al )60!+ F !1
Then =al )6061+ F 2,,#6'0##02
M 60'1 "eneficiary 5ustomer
.ccount Name
!0x Recei:ing customer3s account name
0 !!6! "eneficiary 5ustomer
.ddress
#9!x "eneficiary customer address
0 1#,! -ender to Recei:er
%nformation
69!x Remittance %nformation from sender
to recei:er
Re*eating /rou* ?nds
Note' The 2,'N06 message is the first message to initiate an N?4T transaction. %t is generated
from the branch that recei:es a funds transfer request from their customer to a customer in
different ban>. .ll the 2,'N06 messages are to be sent to the ser:ice center branch of the ban>.
.t the ser:ice center ban>2 the N?4T a**lication &ill consolidate the indi:idual transactions from
the branches into a bigger message of 10 loo*s and sends the message to R"% N?4T center by
allocating the next a:ailable batch. %f the batch time is s*ecified by the branch in the 2,'N06
message then the message &ill be released to R"% to settle in the batch s*ecified.
The 2,'N06 messages that are recei:ed by the N?4T a**lication at the ser:ice center can be
re;ected8rescheduled for :arious reasons. The N?4T a**lication in this case &ould release a
2,'N0, message to the branch that initiates the transaction. The ban>s ha:e to ta>e care that the
core ban>ing a**lication does not re;ect the transaction that recei:e a 2,'N0, message &ith a
reschedule reason code.
The reason codes that are used for rescheduling at the "an>3s ser:ice center areG
101 D Cate arri:al at -5 )This re;ection is recei:ed &hen a transaction is recei:ed by the ser:ice
center branch after the batch time s*ecified in the 2,'N06 message.+
101 D East =alue <ate
10' D Boliday at -er:ice 5enter
- 3et(rn Transactions from NEFT Branc)es IFN2!N"4
M80 4ield No 4ield Name 5ontents 8
0*tions
<escri*tion
M 2020 Transaction
Reference
Number
16x Uniquely identifies the message.
0 !! "atch Time #$n "atch Time.
This is not *o*ulated in the current
a**lication &here the user returns
an in&ard credit using the Return
Mar>ing functionality of -4M-.
M 1106 Total number
of loo*s in
the message
!n Total number of loo*s in the
message
M #06 -um of
.mounts
1,d -um of all amounts in the loo*s
Re*eating /rou* "egins
M 2020 Transaction
Reference
Number
16x Uniquely identifies the transaction
)loo*+
M 2006 Related
Reference
Number
16x Transaction Reference Number of
the recei:ed in&ard credit message
at ban> branch that is returned
M #0' .mount 1,d =alue of the remittance
M '0 =alue <ate '$n <ate on &hich settlement ta>es
*lace.
The system &ill *o*ulate the current
date &hen the user mar>s a
transaction for returning.
M !1!6 -ending
"ranch3s
%4-5
#$a#$c6$c7 -ending branch3s %4-5
0 60! -ending
5ustomer
.ccount
Ty*e
2$5 -ender3s account ty*e
.llo&ed :alues are
10 @ -.=%N/- ".NA
11 @ 5URR?NT .550UNT
1 @ 5.-B 5R?<%T
1# @ C0.N .550UNT
12 @ 0:erdraft
#0 D NR?
M 6021 -ending
5ustomer
.ccount
Number
!x -ender3s account number
M 60,1 -ending
5ustomer
.ccount
Name
!0x -ender3s account name
M 1002 0riginator of
Remittance
#9!x
M !!6, "eneficiary
branch3s
%4-5
#$a#$c6$c7 Reci*ient branch3s %4-5
0 610 "eneficiary
5ustomer
.ccount Ty*e
2$5 Recei:ing customer3s account ty*e
.llo&ed :alues are
10 @ -.=%N/- ".NA
11 @ 5URR?NT .550UNT
1 @ 5.-B 5R?<%T
1# @ C0.N .550UNT
12 @ 0:erdraft
#0 D NR?
!0 D Remittance for 5ustomer not
ha:ing account in ban>
!1@ %ndo Ne*al Remittance
!2 D 5ard to 5ard Eayments
M 6061 "eneficiary
5ustomer
.ccount
Number
!x Recei:ing customer account
number
M 60'1 "eneficiary
5ustomer
.ccount
Name
!0x Recei:ing customer3s account name
0 !!6! "eneficiary
5ustomer
.ddress
#9!x "eneficiary customer address
M 6#6 Reason 5ode $c Return 5ode
M 666 Re;ection
5ode
!0x <escri*tion of the reason for
re;ection
0 1#,! -ender to
Recei:er
%nformation
69!x Remittance %nformation from sender
to recei:er
Re*eating /rou* ?nds
Note' . 2,'N01 message is released to re;ect a 2,'N02 message that is recei:ed by the ban>
branch from R"% and could not a**ly the funds because of :arious reasons gi:en belo&G
R01 .550UNT 5C0-?<
R02 .550UNT TR.N-4?RR?<
R0 .550UNT <0?- N0T ?H%-T
R0# N0 -U5B .550UNT TIE?
R0! "?N?4%5%.RI N.M? <%44?R?-
R06 .550UNT B0C<?R ?HE%R?<
R01 .550UNT UN<?R .TT.5B?M?NT
R0' /.RN%-B% 0R<?R R?5?%=?<
R0, 0E?R.T%0N- -U-E?N<?<
R10 E.RTIJ- %N-TRU5T%0N-
R11 .NI 0TB?R R?-0N-
R12 5R?<%T T0 NR% .550UNT
The 2,'N01 message is sent to the ser:ice center branch &here it is consolidated in multi*le
loo*s and then released to R"% N?4T center. .s ex*lained for the 2,'N06 message2 a 2,'N01
message can also be re;ected or rescheduled at the ser:ice center branch and the ban> has to
ta>e care not to re;ect the transaction that is re;ected &ith a reschedule reason code. The same
reason codes as s*ecified in the 2,'N06 message are the reschedule reason codes.
NoteG .ll the fields &ill be *o*ulated by the system &hile creating the 2,'N01 message using the
Return Mar>ing functionality of -4M-. The user ;ust needs to select the re;ection code for the
returning a transaction.
5 $(tward # Inward Credit confirmation message at branc)
IFN2!N1"
M#$ Field No Field Name Contents #
$%tions
&escri%tion
M 2020 Transaction
Reference
Number
16x Uniquely identifies the
message.
Re*eating /rou* "egins
M 2020 Transaction
Reference
Number
16x Uniquely identifies the
transaction. )loo*+
M !!1' %4-5 of
0riginator of
Remittance
#$a#$c6$c7 %4-5 of <ebit 0riginator
M 2006 Related
Reference
16x Transaction Reference
Number of the recei:ed
in&ard credit message at
ban> branch that is credit
confirmed.
M !01 .mt 5redited
Time
'$n
6$n
<ate and Time &hen the
amount is credited to the
customer
'$n is the credited date
IIIIMM<<
6$n is the credited time
BBM%--
Re*eating /rou* ?nds
. 2,'N10 message is released to confirm that the amount in 2,'N02 message that is recei:ed
by the beneficiary ban> branch from R"% is credited to customer. The 2,'N10 message is sent to
the beneficiary ser:ice center &here it is consolidated in multi*le loo*s and then released to R"%
N?4T center. "an> &ise segregation of N10 messages &ill be done at R"% and N10 messages
are sent to the res*ecti:e -ender "an> ser:ice centers and subsequently to the actual N06
sender branch.
NoteG .ll the fields &ill be *o*ulated by the system &hile creating the 2,'N10 message using the
5redit 5onfirmation functionality of -4M-. The user ;ust needs to select the transaction to be
credit confirmed.
+ Message for transmitting ret(rn transaction details to Bank
Gateway IFN2!N"-
M#$
Field No Field Name Contents /
Options
Description
M 2020 Transaction
Reference
Number
16x Uniquely identifies the
message.
M !! "atch Time #$n %t is the "atch time
during &hich the
message has been
re'ected at R"%.
M !1(!
Total ( of
transactions
(n Total Number of
transactions )loo*s+
*resent in the message
M #11! Total
amount
re'ected
1,d
,um of amounts in the
loo*s.
Re*eating -rou* "egins
M 2020 Transaction
Reference
Number
16x ,ystem generated unique
transaction reference.
M !.!6 ,ending
branch/s
%0,1
11$x ,ending branch/s %0,1
M 2006 Related
Transaction
Ref. No.
16x Transaction Reference
Number s*ecified in the
originating 22(N06
message
M !!62 "eneficiary
branch/s
%0,1
11$x Reci*ient branch/s %0,1
s*ecified in the
originating 22(N06
message
3 610 "eneficiary
customer a4c
ty*e
2$c Recei5ing customer/s
account ty*e s*ecified in
the originating 22(N06
message
M 6061 "eneficiary
customer a4c
6
!x Recei5ing customer
account Number
s*ecified in the
originating 22(N06
message
M 60(1 "eneficiary
customer a4c
!0x Recei5ing customer/s
account name s*ecified
name in the originating
22(N06 message
3 !!6! "eneficiary
customer
address
#7!x "eneficiary customer
address s*ecified in the
originating 22(N06
message
M #0( 8mount 12d 9alue of the remittance
s*ecified in the
originating 22(N06
message
M (0 9alue :ate ($n :ate on &hich the
re'ection is done.
M
.! Remittance
:ate
($n :ate on &hich the sender
branch initiated the
remittance
3 (1 3riginal
5alue date
($n 3riginal 5alue date
s*ecified in the 22(N06
message sent from
ban;/s ser5ice center
M
6#6 Reason
1ode
$x Re'ection code
M 666 Re'ection
Reason
!0x :escri*tion of the
re'ection code
3 .#2! Remittance
information
67!x %nformation on
remittance gi5en by the
sending customer
Re*eating -rou* <nds
Note: 8 22(N0 message is recei5ed by the sending ban; ser5ice center and in turn by
the sending branch if a 22(N06 or 22(N0. message is re'ected or rescheduled at R"%
N<0T center. The field 2006 &ill ha5e the transaction reference of the 22(N06 or
22(N0. message that is re'ected or rescheduled. The reason for re'ection or rescheduling
is s*ecified in the field 6#6 and 666. %n case of reschedule the transaction is still li5e at
R"% but it is 'ust an information bac; to the sending ban; that the message could not be
settled in the batch or 5alue date s*ecified in the outgoing message from the ban;. The
ban;s ha5e to ta;e care that they do not re'ect their transactions in their core ban;ing
a**lications on recei*t of a N0 message &ith a reschedule reason code.
The reason codes that are used for rescheduling at R"% N<0T center are=
02# > "atch does not exist on ,aturday
02( > ?oliday at R"%
022 > @ast 9alue :ate
100 > Aate 8rri5al for a batch
0or all other reason codes the transaction needs to be re'ected in the ban;/s a**lication.
* Transmission of 3e6ected Transactions at NEFT ,er7ice
,tation to Bank Branc)es IFN2!N"
M/O Field No Field Name Contents /
Options
Description
M 2020 Transaction
Reference
Number
16x Uniquely identifies the
message.
M !! "atch Time #$n "atch Time.
%t is the batch time during
&hich the 22(N02
message is created at
,er5ice center.
M !1(! Total
Number of
transactions
re'ected by
,er5ice
1enter of
"an;
-ate&ay
(n Total Number of re'ected
transactions in the message
M #11! Total
amount
re'ected by
,er5ice
1enter at
"an;
-ate&ay
12d Total amount of re'ected
transactions in the message
Re*eating -rou* "egins
M 2020 Transaction
Reference
Number
16x Transaction Reference
Number is unique for each
transaction)loo*+.
%t is system generated.
M !.!6 ,ending
"ranch/s
%0,1
#$a#$cB$cC ,ending branch/s %0,1
M 2006 Related
Reference
16x Transaction Reference of
the original N06 message
M !!62 "eneficiary
branch/s
%0,1
#$a#$cB$cC Reci*ient branch/s %0,1
3 610 "eneficiary
1ustomer
8ccount
2$c Recei5ing customer/s
account ty*e
Ty*e
M 6061 "eneficiary
1ustomer
8ccount
Number
!x Recei5ing customer
account number
M 60(1 "eneficiary
1ustomer
8ccount
Name
!0x Recei5ing customer/s
account name
3 !!6! "eneficiary
1ustomer
8ddress
#7!x "eneficiary customer
address
M #0( 8mount 12d 9alue of the remittance
M (0 9alue :ate ($n :ate on &hich settlement
ta;es *lace
M .! Remittance
:ate
($n :ate on &hich the sender
branch initiated the
remittance
3 (1 3riginal
5alue date
($n 3riginal settlement date
for &hich the transaction
&as initiated
M 6#6 Reason
1ode
$x Re'ection code
M 666 Re'ection
Reason
!0x :escri*tion of the reason
for re'ection
3 .#2! ,ender to
Recei5er
%nformation
67!x Remittance %nformation
from sender to customer
Re*eating -rou* <nds
Note: 8s stated abo5e for 22(N06 and 22(N0. messagesD this message is sent by the
N<0T ser5ice center branch of the ban; if an out&ard debit or return transaction message
is re'ected or rescheduled at N<0T ser5ice center. The field 2006 &ill ha5e the
transaction reference of the 22(N06 or 22(N0. message that is re'ected or rescheduled.
The fields 6#6 and 666 &ill s*ecify the reason code and re'ection reason for re'ection
or rescheduling of the transaction.
The reason codes that are used for rescheduling at the "an;/s ser5ice center are=
101 > Aate arri5al at ,1 )This re'ection is recei5ed &hen a transaction is recei5ed by the
ser5ice center branch after the batch time s*ecified in the 22(N06 message.+
10. > @ast 9alue :ate
10( > ?oliday at ,er5ice 1enter
The ban;s ha5e to ta;e care that the core ban;ing a**lication does not re'ect the
transaction that recei5e a 22(N02 message &ith a reschedule reason code.
4 End-of-&ay#End-of-Batc) Message IFN2!N"5
M#$ Field No Field Name Contents #
$%tions
&escri%tion
M (! Transaction
:ate
($n :ate of transaction
3 !! "atch Time #$n "atch Time.
This is *o*ulated only in
case of <nd of "atch
message. Ehen this field is
*o*ulatedD all the details
mentioned in this message
are of this batch only and not
<nd of :ay.
M !1.! No of
3ut&ard
:ebit Txns at
N<0T4,1
(n Total number of acce*ted
and re'ected :ebit
transactions.
M #10! Total 8mt of
3ut&ard
:ebit Txns at
N<0T4,1
12d Total amount of acce*ted
and re'ected :ebit
transactions.
M !1(0 No 3f
3ut&ard
:ebit Txns
acce*ted at
N<0T4,1
(n Total No. of 3ut&ard :ebits
transactions acce*ted
M #110 ,um 8mt of
3ut&ard
:ebit Txns
acce*ted at
N<0T4,1
12d Total amount of 3ut&ard
:ebits transactions acce*ted
M !1(! No 3f
3ut&ard
:ebit Txns
re'ected at
N<0T4,1
(n Total No. of 3ut&ard :ebits
transactions re'ected
M #11! ,um 8mt of
3ut&ard
:ebit Txns
re'ected at
N<0T4,1
12d Total amount of 3ut&ard
:ebits transactions re'ected
M !26. No of %n&ard
credits
(n Total No. of %n&ard 1redits
recei5ed for the ban;4branch
recei5ed for
the
ban;4branch
M ##10 ,um 8mt of
the in&ard
credits
recei5ed
12d Total amount of %n&ard
1redits recei5ed for the
ban;4branch
M !0#. No of Return
Txns recei5ed
for the ban;
or branch
(n Total No. of Return
transactions recei5ed for the
ban; or branch.
M ##60 ,um 8mt of
the return
Txns
recei5ed
12d Total amount of Return
transactions recei5ed for the
ban;4branch
Note: The <nd of :ay message )22(N0#+ is sent after the last batch is settled at R"%. %t
gi5es the details about all the messages that are sent by the ban;/s ser5ice center branch
to R"% and the number and amount of the messages that are acce*ted or re'ected. Ehen
the message is recei5ed at the ban;/s ser5ice centerD the ser5ice center &ill release an
<3: message to all the branches that ha5e initiated the N<0T messages for the day &ith
the count and amount of acce*ted and re'ected messages along &ith total message count
and amount.
The <nd of "atch Message is sent after each batch exce*t the last batch of the day. %.e. %f
there are batches in a day. <.g. 100D 1200D 1600 then an End of Batch Message is
recei5ed for batches 100 and 1200. 8nd End of Day message is recei5ed after 1600.
There &on/t be an End of Batch message for 1600 batch.
