Скачать или смотреть NEFT vs IMPS vs RTGS : Online Money Transfer Charges and Rules Explained

Do you know the difference between NEFT, RTGS, and IMPS?
All three are online money transfer methods in India and work 24×7.

NEFT (National Electronic Funds Transfer) is the most common method.
There is no maximum limit, but the transfer is settled in 30-minute batches.

IMPS (Immediate Payment Service) transfers money instantly in real time.
There is no waiting time, but the maximum limit is ₹5 lakh.

RTGS (Real Time Gross Settlement) also transfers money instantly,
but it is used only for high-value transactions.
The minimum amount for RTGS is ₹2 lakh.

Use NEFT for regular or scheduled payments.
Use IMPS for small and urgent personal transfers.
Use RTGS for urgent and high-value transfers like business or property deals.

Charges:
NEFT and RTGS inward transfers are free.
NEFT outward charges range from ₹2.50 to ₹25.
RTGS outward charges range from ₹25 to ₹50.
IMPS charges depend on the bank.

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