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Q.

What is the full form of RTGS and NEFT

Asked by Praveen Haridas, 05 Feb '09 01:12 pm
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Answers (5)

 
1.

RTGS :Real time Gross settlement
NEFT : National Electronic Fund Transfer
These are cheapest mode of transfering money from one bank to another. We hve these facilities to make our financial transition more easy. It is online banking system.
Answered by sumati gayki, 05 Feb '09 01:21 pm

 
  
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2.

RTGS :Real time Gross settlement
NEFT : National Electronic Fund Transfer
Answered by funkyfreek, 13 May '10 12:56 pm

 
  
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3.

Real time gross settlement
Source: through internet
Answered by sivakami, 01 Mar '11 11:57 am

 
  
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4.

RTGS:Real Time Gross Settlement.
It's an online Banking way to transfer fund from one bank to another bank.If your a/c have online facility
then using RTGS u can transfer your fund to another bank a/c, only u need IFSC Code of that bank.There is no need to make "Demand Draft".
Answered by Sandeep Bhavar, 13 Sep '12 09:37 pm

 
  
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5.

Real time gross settlement and New electronic fund transfer
Answered by Sujay T, 05 Feb '09 01:13 pm

 
  
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