Question: what is the difference between net banking and neft?
Answer: In net banking, transactions can be performed via IMPS, NEFT or RTGS. While IMPS and NEFT is done for transactions below 2 Lacks, RTGS is used for transactions above 2 Lacks. ... For lesser amount it is through IMPS and NEFT. All types of money transfer is done through net banking as well as manual mode.