More About Payments & Other Credit Cards
NEFT is the electronic transfer of funds from one bank account to another. It can be easily availed online via netbanking. All you need to do is add the beneficiary (bank account) details and verify the NEFT transaction.
The NEFT full form is National Electronic Funds Transfer.
NEFT is a safe, secure, and time-efficient way of transferring funds electronically. It is an organised service and the payments are cleared in batches. It is paperless, reliable, and can be availed online.