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Do you know about online money transfer options like NEFT, RTGS, IMPS, UPI ? What is the difference? In this article we provided all information about online money transfer. 1. NEFT- National Elections Funds Transfer is an online fund transfer system launched in 2005. Minimum limit for transfer fund is from Rs.1 . NEFT system required receiver beneficiary details like Name, Account number, IFSC code, etc., NEFT has time slot to transfer funds. It's take time around 2 hours for settlement in recipient account. NEFT only work between 8:00 AM - 6:30 PM in Working days. NEFT takes transaction charges+GST from sender. 2. RTGS- Real Time Gross Settlement system introduced in 2004 by Reserve Bank of India. Minimum limit for transfer fund is from 2 Lakh. RTGS system also required receiver beneficiary details like Name, Account number, IFSC code, etc., RTGS system immediately settle the funds in recipient account. RTGS only work between 8:00 AM - 6:00 PM in Working ...