Advertisements
Advertisements
प्रश्न
Compare and contrast the features of RTGS and NEFT.
अंतर स्पष्ट करें
उत्तर
| S. No. | Basis of Distinction | NEFT | RTGS |
| 1. | Processing | NEFT Transactions are settled in batches. | RTGS transactions are processed individually and continuously. |
| 2. | Minimum transaction value | No minimum value. | Minimum value is 2 lacs. |
| 3. | Number of transfers during the day | Six times on a weekday and three times on Saturday. | No limit on the number of transfers during the day. |
shaalaa.com
Modes of Transfering Money Online
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
APPEARS IN
संबंधित प्रश्न
Write a Short note on IMPS.
Write a short note on NEFT.
It is a funds transfer system under which transfer of funds takes place from one bank to another on a real time and gross basis.
IMPS stand for ______.
It is a type of electronic card which is used for transactions made online through a computer or a smartphone.
What is IMPS?
Give the full form of RTGS.
What is 'National Electronic Fund Transfer'?
Write a short note on 'RTGS'.
List any four features of NEFT.
