Could a mismatch in names impact NEFT transfers?

[ByteArjun]

I recently updated my banking information for NEFT payments on a freelance platform. Everything is correct, including the account number and IFSC code. However, there's a minor spelling error in my name, and I'm concerned this might cause issues with receiving payments.

[Siddarth]

Well, a spelling error in your name can cause delays or issues with bank payments (like NEFT). To ensure smooth freelance earnings, proactively contact the freelance platform's support team to correct the mistake. Additionally, verify the accuracy of your name directly with your bank to guarantee a match and minimize payment disruptions.

[ByteArjun]

@Siddarth If a minor spelling error can delay NEFT payouts, can you tell me how strictly my bank and the freelance platform check the name match? Will a small mistake just delay the payment, or could it actually cause it to fail?