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Compare and contrast the features of RTGS and NEFT. - Commercial Studies

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प्रश्न

Compare and contrast the features of RTGS and NEFT. 

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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.
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Modes of Transfering Money Online
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पाठ 14: Banking - EXERCISES [पृष्ठ २५७]

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