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Things you should know about IMPS, RTGS and NEFT
by Jigar Solanki
- 6 year ago |  4583
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  • IMPS is an immediate payment service. It includes internet banking, mobile banking, etc.
  • It is 24X7 and the upper limit varies from bank to bank. But it is around 100000/day.
  • In NEFT the transfer is not immediate. It is done in batches.
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