NEFT (National Electronic Funds Transfer)

NEFT (National Electronic Funds Transfer) is a secure system that allows individuals and businesses to transfer money quickly and electronically across banks within India. Using NEFT, you can send funds from your bank account to another account, regardless of the bank branch or location, with settlements happening in batches at scheduled times. The process is convenient, paperless, and typically takes a few hours or less, making it ideal for both personal and business transactions. NEFT ensures safe and reliable transfer of funds, reducing the need for cash handling and manual processes.