This exclusive guide provides you with everything you need to know about the , how to download it, fill it out correctly, and avoid common rejection errors.
: Carefully fill in the recipient’s full name, bank name, branch address, and their 11-digit IFSC code .
Provide your full name and complete address as per bank records.
| Feature | NEFT | RTGS | | :--- | :--- | :--- | | | ₹0 (or ₹1 depending on bank) | ₹2,00,000 | | Maximum Amount | No limit | No limit (but notify for >₹5 crore) | | Settlement Speed | Hourly batches (30 min cycles) | Real-time (few seconds) | | Timing (UBI) | 8:00 AM – 7:00 PM (Mon-Fri) | 8:00 AM – 6:00 PM (Mon-Fri) | | Charges (UBI) | Up to ₹25 + GST | ₹25 – ₹55 + GST | | Best For | EMI payments, small business payouts | Property purchase, large investments |
