| 3rd December 2015 11:48 AM | |
| Shaleen | Re: Full Form NEFT bank Hello, here I am providing you the details of the NEFT bank and the full form opf it as under: NEFT full form: National Electronics Fund Transfer Meaning of the NEFT: “NEFT System” means the National Electronic Funds Transfer System established by these guidelines for carrying out inter-bank funds transfers within India (and from India to Nepal), and providing for settlement of payment obligations arising out of such funds transfers, among the participating banks. What is a NEFT code? The Indian Financial System Code (IFSC Code) is an alphanumeric code that uniquely identifies a bank-branch participating in the two main Electronic Funds Settlement Systems in India: the Real Time Gross Settlement (RTGS) and the National Electronic Funds Transfer (NEFT) Systems. Difference between NEFT and RTGS: Minimum/Maximum amount for RTGS/NEFT transactions under Retail Internet Banking Type Minimum Maximum RTGS Rs. 2 Lakh No limit NEFT No Limit No limit |
| 3rd December 2015 11:47 AM | |
| Unregistered | Full Form NEFT bank Hello, I want the full form of the NEFT bank and also the details related to it, what does it mean? |
