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प्रश्न
What is 'National Electronic Fund Transfer'?
Explain: NEFT
What is NEFT?
Write a short note on NEFT.
उत्तर
- NEFT (National Electronic Funds Transfer) is a nationwide payment system that allows for one-to-one transfers.
- The programme allows for electronic transfers of money between bank branches in the country.
Notes
Students should refer to the answer according to their questions.
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.
It is a countrywide system by which an individual, firm or company can electronically transfer funds from any bank branch to another individual, firm or company having an account with any other bank branch in the country.
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?
Write a short note on 'RTGS'.
Compare and contrast the features of RTGS and NEFT.
What are Mobile wallets?
