define NEFT with defination
Answers
Answered by
3
Answer:
NEFT is a nation-wide payment system that allows transfer of funds from one bank account to another. Individuals, firms and corporates can transfer the money from one bank branch to any other bank account held by individual, firm or corporate in the country.
Answered by
2
Answer:
Hey mate here is your and
Explanation:
NEFT= National Electronic Fund Transfer
Definition:- National Electronic Funds Transfer is an electronic funds transfer system maintained by the Reserve Bank of India. Started in November 2005, the setup was established and maintained by Institute for Development and Research in Banking Technology
Hope it's helpful for you
Similar questions