National Financial Switch

byPaytm Editorial TeamLast Updated: November 14, 2025

Definition

National Financial Switch (NFS) is India’s largest network of ATMs, connecting all major banks for interbank transactions. It is managed by the National Payments Corporation of India (NPCI).

Function

It allows bank customers to withdraw money, check balances, and transfer funds from any ATM, regardless of their bank.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

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