Frequently Asked Questions neft q what is neft? Under this Scheme, individuals, firms and corporates can electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country participating in the Scheme. Neft 27,97 Kb. 1
Fund remittance facilities Rtgs system is a funds transfer mechanism where transfer of money takes place from one bank to another on a 'real time' and on 'gross' basis. Neft 447 b. 1