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Friday, June 7, 2019

💐DIFFERENCE B/W RTGS & NEFT 💐

🔷MODE OF PAYMENT:
👉RTGS: ON REAL TIME BASIS
👉NEFT: IN TERMS OF BATCHES

🔷MINIMUM LIMIT:
👉 RTGS — 2 LAKH
👉NEFT : NO LOMIT

🔷MAXIMUM LIMIT:
👉RTGS: NO LIMIT
👉NEFT : NO LIMIT ( However maximum amount per transaction is limited to ₹ 50,000/- for cash-based remittances within India and also for remittances to Nepal under the Indo-Nepal Remittance Facility Scheme.)

🔷SERVICE TIMING:
👉RTGS :  9:00 AM TO 4:30PM ( WEEK DAYS) & 9:00 AM TO 2:00 PM (ON SATURDAY)
👉NEFT:  8:00 AM TO 7:00PM
( There are twenty three half-hourly settlement batches run from 8 am to 7 pm on all working days of week —-Except 2nd and 4th Saturday of the month)

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