State two points of differences between RTGS and NEFT.

Answer»

RTGS	NEFT
1. In RTGS, the transactions are processed continuously and so one need not wait much for the settlement of transactions.	1. In NEFT the transactions are processed in hourly batches. So if one misses the batch, his money will be transferred in the next batch.
2. One needs to transfer a minimum 2 lakh rupees through RTGS.	2. There is no minimum transfer amount limit in NEFT.

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