Frequently Asked Questions on NEFT System

Harish Chandra , Last updated: 11 July 2011  
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.style2 { text-decoration: none; } Q.1. WHAT IS NEFT SYSTEM? Ans:National Electronic Funds Transfer (NEFT) system is a nation wide funds transfer system to facilitate transfer of funds from any bank branch to any other bank branch. Q. 2. ARE ALL BANK BRANCHES IN THE SYSTEM

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Harish Chandra
(CA (Final) Student & Doing Job in a CA Firm)
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