Definition/Full Form: NEFT की Full-Form होती है – National Electronic Funds Transfer
In Hindi: National Electronic Funds Transfer in Hindi transfer national electronic fund called.
NEFT Full Form | Meaning | Other Details
National Electronic Funds Transfer (NEFT) is an electronic way of transferring money from one account to another. It is a safe way to transfer money, which is operate by RBI. Bank Branch is required to have IFSC for transfer of money from NEFT.
This service is done in two ways – Offline & Online
The offline method is only used in banks while the online method is available to the bank’s customers. Customers use it under Online Banking.