NEFT And RTGS

RTGS (Real Time Gross Settlement)

  • Remittance of funds by electronic mode of payment across India
  • Beneficiary account credited within 2 hours in RTGS (Amt more than Rs.2 Lakhs and above)

  • Assured transfer of funds

  • Reasonable rate of commission as compared to demand drafts and pay order

NEFT (National Electronic Funds Transfer)

  • Remittance of funds by electronic mode of payment across India

  • Beneficiary account credited on the same day in NEFT (No limit on minimum and maximum amount to be transferred)

  • Highly secured / ”No risk” mode of funds transfer