Question

NEFT stands for ___________ ​

Answer 1

Answer:

National Electronic Funds Transfer

National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Under this Scheme, individuals can electronically transfer funds from any bank branch to any individual having an account with any other bank branch in the country participating in the Scheme.

Answer 2

Answer:

National Electronic Funds Transfer.

Explanation:

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