India, Nov. 11 -- Walk-in customers at bank branches can utilise the cash pay-in service to remit funds up to Rs 50,000 directly to a beneficiary's bank account through NEFT, the Reserve Bank said on Wednesday.

With a view to harmonising and consolidating the extant instructions relating to Domestic Money Transfer (DMT), the central bank has issued the Reserve Bank of India (Domestic Money Transfer) Directions, 2026.

The framework for Domestic Money Transfer (DMT) was introduced in order to facilitate small-value fund transfers through formal banking channels, particularly for persons, including migrant workers, who lack access to such channels due to lack of proof of identity/address.

"A walk-in customer at a bank branch can remit fun...