NEFT Full Form: It is an electronic payment system that facilitates direct one-to-one payments across the country. Using this facility, you can electronically transfer money from any bank branch to any person who has an account with any other bank branch in the country that is a part of the NEFT scheme.
NEFT Full Form
The full form of NEFT is "National Electronic Fund Transfer". You can access NEFT using digital modes of Internet Banking and Mobile Banking.
NEFT Timings
Unlike IMPS, NEFT does not function 24*7 and works only as per bank's stipulated timings. Although NEFT timings may vary from bank to bank, in general, Monday to Friday timings are 8 AM to 6:30 PM, and for Saturdays it is 8 AM to 12 PM.
To Read in Hindi Click Here
0 Comments