Question
What is correct about RTGS and NEFT:
What is correct about RTGS and NEFT:
i) RTGS is intended for big amount and NEFT is for smaller amount. RTGS can be done for amounts of minimum Rs.2 lakh ii) RTGS funds are settled on continuous basis while NEFT has settlement slots iii) NEFT can be used through mobile banking but not RTGS iv) Transaction charge are same for both NEFT and RTGS
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