National Electronic Funds Transfer

Funds transfer - infrastructure - India - Reserve Bank of India (RBI).

(NEFT).

India's National Electronic Funds Transfer (NEFT) is a nation-wide centralised payment system owned and operated by the Reserve Bank of India (RBI).

Focus on India

"There are three payment rails in India – RTGS for high-value payments, NEFT for low value, and IMPS for small-value immediate payments."

The payments landscape - Barclays Bank.

See also

• Immediate Payment Service (IMPS)
• Infrastructure
• India
• Instant payments
• National Payments Corporation of India (NPCI)
• Payment rail
• Platform
• Real-time gross settlement system (RTGS)
• Retail
• Payments and payment systems
• RuPay
• United Payments Interface (UPI)

Other resource

• About the National Electronic Funds Transfer System - Reserve Bank of India