How to Send Money in Another Account Through Net Banking, NEFT, RTGS

How to Send Money in Another Account:

How to forward amount to another account via Net Banking NEFT Real Time Gross Settlement (RTGS) is the innovation of digital
India nation which makes our life therefore easier and handy. Now we may transfer amount online via Net Banking, National Electronic Funds Transfer (NEFT), and Real Time Gross Settlement etc in order to avoid the big queue of the bank of India nation and it also save our big time that is very important for our.

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Sending the amount or money online will save your big time to go to bank, fill up the form. Wait in line and last wait for the procedure. At times it takes the full day. Therefore here on this web page is the procedure to save your big time by forward amount to another account via Net Banking Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS).

Money Transfer:

Amount Transfer from your Bank Account is very easy and handy. There are many options provided online for transferring amount or money from your account to same bank account, Money devolution via National Electronic Funds Transfer or amount Transfer through Real Time Gross Settlement etc.

Step by Step Process to Transfer Money:

• Login to your Bank account
• Go to Payments & Transfer and click on Funds Transfer
• Choose the Transfer Funds to Your own Bank Account
• Select Payee from the list of registered Payee for NEFT/RTGS
• Select your other Bank account
• Enter details like Transaction amount, Transaction remarks
• Enter One Time Password (OTP) to complete your transaction
• Your Transaction gets completed and your payment confirmation number will be displayed on screen.

Difference between NEFT and RTGS:

The two Point or options like as Net Banking Electronic Funds Transfer (NEFT) and RTGS are provided by Reserve Bank of India to permit electronic amount transfer from one bank account to another bank account. This transfer might be carried out by internet transfer convenience. If persons want to send amount below than two lakh than it may be carried out by Net Banking Electronic Funds Transfer and if you want to forward money above than two lakh than it will be carried out by Real Time Gross Settlement.

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Therefore the users are request to break the line and fill online to transfer amount money and save a lot of time in Digital India nation.

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