ITR filed u/s 139(1) not yet processed

Dear Sirs,

I filed my ITR on 30th July 2024, before the due date and e-verified on the same date.  But the status of the same is still showing under processing. No notices were issued from the IT Dept.

Is it OK?  How much time will take to process the return and issue a refund?  Is there any time frame fixed on the same?

Kindly advise

Jacob