If you need to transfer a large sum of money urgently, RTGS would be the best option. Suresh Kumar is a 28-year corporate employee from Mumbai. He keeps transferring money too frequently but every ...

NEFT, RTGS update: The Reserve Bank of India (RBI) will introduce the beneficiary account name look-up facility for the Real Time Gross Settlement (RTGS) System and National Electronic Funds Transfer ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The national electronic funds transfer ...

The Department of Posts (DoP) has rolled out NEFT and RTGS facilities under the supervision of the Ministry of Communications in order to provide post office savings account holders with the ability ...

Most banks allow NEFT and RTGS transfers of up to Rs2-10 lakh. Some banks may waive off an upper limit for RTGS entirely, while others may allow customers to set their specific third-party transfer ...

When you pay someone, you expect to get a receipt for the payment. Especially when that "someone" is a business. Receipt - or "proof of receipt" - must be issued by the Payee / Merchant so that you ...

Indian banking system went digital more than a decade ago and it is still confusing to many who operate it. Digitalization of funds is what is on the Government's to do list every year with regular ...

Post Office Update | New Delhi: The post office account holders will soon get to use NEFT and RTGS facilities under the supervision of the Ministry of Communications. It will facilitate the account ...