NEFT (National Electronic Funds Transfer) and RTGS (Real-Time Gross Settlement) are RBI-regulated, 24/7 electronic payment systems in India.
NEFT processes transactions in half-hourly batches, making it ideal for small, non-urgent transfers. RTGS provides immediate, individual settlement, suited for high-value transactions (minimum ₹2 lakh).

BENEFICIARY NAME : DR MANIBHAI DESAI GRAMIN BIGAR SHETI SAHAKARI PATSANSTHA MARYADIT URULI KANCHAN TAL HAVELI DIST PUNE
BANK NAME              :  ICICI BANK
BRANCH NAME         : URULI KANCHAN
IFSC CODE                   : ICIC0004267
ACCOUNT NO             : 426705005802
ACCOUNT TYPE           : CURRENT ACCOUNT

Features :

• Settlement Speed: NEFT is processed in batches (typically within 30 minutes to 2 hours). RTGS is processed in real-time, meaning the beneficiary receives funds immediately.
• Transaction Limits: NEFT has no minimum or maximum limit. RTGS requires a minimum transfer of ₹2 lakh, with no maximum cap.
• Best Use Case: NEFT is ideal for general, smaller, or non-urgent transfers. RTGS is designed for urgent, high-value, or critical business transactions.
• Fees & Charges: NEFT - UPTO Rs.2 lakh -free

RTGS- Above 2 lakh to 5 lakh - Rs.17.40 with GST
Above Rs.5 lakh - Rs. 35.80 with GST

• Availability: Working Hours.