1. India NEFT User Guide
  2. NEFT Outbound Payments
  3. NEFT Outbound Payments Processing
  4. NEFT Outbound Payment Validations
  5. Mandatory Fields/ Referential Data Checks

Mandatory Fields/ Referential Data Checks

Validation of the IFSC Code is done as per the maintenance done in the Local Payment Bank Directory (STDBKMNT) and all the valid IFSC codes are maintained in this screen. Transaction is rejected in case of validation failure.

Debtor Account Branch IFSC check
  • This is derived based on the Branch and bank code mapped to the IFSC code in the STDBKMNT screen if maintained. This is also populated in the N06 message in the field:5756 (Sending branch’s IFSC).
  • If the Debtor account branch IFSC (Field:5756) is not derived, then the transaction is moved to Process Exception (PE) queue.
System validates the Debtor Account Type for outbound transactions. If the debtor account type is NRE/NRO, then the field (:6305 - Sender’s Account type) is updated with 40 or 10 respectively.
  • If the Debtor account type is NRE(40) or NRO, then the Sender to Receiver Information field in the Additional Details tab in PTDOTONL screen is, automatically populated with a static text.
  • This static message is displayed in the N06 message in the field: 7495.

System validates the Transfer Amount, if it is within the Min/Max Transaction limit and Per day limit as maintained in the Payment Common Preferences screen (PMDNFTPF). If the transaction does not match the criteria, it is rejected.

Parent topic: NEFT Outbound Payment Validations