Question

State any two features of NEFT

Answer 1

Two features of NEFT are
1.NEFT is an electronic payment system that uses a secure mode of tranferring funds from one bank branch to another bank branch.
2.There is no minimum and maximum limit of amount funds that could be transferred using NEFT.

Hope it will help u..

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Answer 2

Hey mate ! Your answer :

Two features of NEFT are

1.NEFT is an electronic payment system that uses a secure mode of transferring funds from one bank branch to another bank branch.

2.There is no minimum and maximum limit of amount funds that could be transferred using NEFT.

Hope it will help u..