Category: NEFT

RTGS / NEFT Holidays in 2017

NEFT / RTGS Holidays in 2017 The following are the RTGS and NEFT holidays in 2017 when the National Electronics Fund Transfer facility for online bank transfers  will remain closed other than Sundays. NEFT holidays are notified by RBI and are adhered to by all commercials banks including public sector banks like State bank of India (SBI), Punjab national Bank (PNB), Canara bank, Bank of India, Indian Bank etc.… Read more

NEFT transaction charges

NEFT transaction charges The following are the NEFT National Electronics Fund Transfer charges as  notified by RBI and are adhered to by all commercials banks including public sector banks like State bank of India (SBI), Punjab national Bank (PNB), Canara bank, Bank of India, Indian Bank etc.… Read more

Difference between NEFT and RTGS

Difference between NEFT and RTGS NEFT and RTGS are the two online systems for fund transfers between different banks in India and managed by the Reserve bank of India. The procedure followed by NEFT is different from RTGS. NEFT payment system The meaning of NEFT is National Electronic Fund Transfer.… Read more

NEFT timings

NEFT timings in 2017 National Electronic Funds Transfer (NEFT) is a nation-wide system that facilitates individuals to electronically transfer funds from any bank branch to any other bank branch in India. As more and more bank branches are connected online this system has been a huge success in India for online fund transfers.… Read more