NEFT full form

By August 25, 2020 Full Form 0 Comments
   

NEFT full form

National Electronic Funds Transfer

What is the meaning of NEFT and full form ?

NEFT is a banking technology whereby users of the bank who have funds can easily transfer funds to another account electronically.By adding a beneficiary bank account number and the IFSC code of the target account,the electronic funds will be debited from your account and credited to the beneficiary.

Add a Comment

Your email address will not be published. Required fields are marked *