How to send money to another account through Net Banking NEFT RTGS is the innovation of digital India which makes our life so easier and convenient. Now we can transfer money online through Net Banking, NEFT, and RTGS etc in order to avoid the long queue of the bank and it also save our lot of time. Sending the money online will save your lot of time to go to bank, fill the form .wait in queue and last wait for the process. Sometimes it takes the whole day. SO here is the process to save your lot of time by send money to another account through Net Banking NEFT RTGS.
Money Transfer:
Money Transfer from your Bank Account is very simple and convenient. There are various options provided online for transferring money from your account to same bank account, Money transfer through NEFT or money Transfer through RTGS etc.
Step by step process to transfer Money
- Login to your Bank account
- Go to Payments & Transfer and click on Funds Transfer
- Select 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 options like NEFT and RTGS are provided by RBI to allow electronic fund transfer from one bank account to another bank account. This transfer can be carried out by internet transfer facility.If you want to send money less than 2 lakh than it can be carried out by NEFT and if you want to send money more than 2 lakh than it will be carried out by RTGS.
So the user are request to break the line and enter online to transfer money and save a lot of time in Digital India.
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