RTGS/NEFT for Fund Transfer


National Electronic Funds Transfer(NEFT)

This method of fund transfer works on the basis of deferred net settlement. Fund transfer transactions are settled in batches against the active, individual settlement in RTGS.

Real Time Gross Settlement(RTGS)

Real Time Gross Settlement is a system where funds transfer process is received (in real time). Also, the fund transfer instructions are done individually on the basis of settlement instructions (Gross Settlement).


RTGS is the fastest possible inter bank money transfer facility available through secure banking in India.

  • 1. Real-time transfer
  • 2. Fast settlement home settlement problem