NEFT stands for National Electronic Funds Transfer. Learn about the features and benefits of NEFT, how it works, steps to initiate an NEFT transaction. Here are the full forms and meanings of NEFT and RTGS and IMPS: The full form of NEFT is National Electronic Funds Transfer. It is an online payment system facilitating one-to-one fund transfers. You can use NEFT to transfer funds electronically from your bank account to that of another person. NEFT stands for National Electronic Funds Transfer, a system that allows you to transfer funds from one bank to another. Learn how NEFT works, what information you need, how to pay bills using NEFT, and more. Frequently Asked Questions - Reserve Bank of IndiaFrequently Asked Questions
