Here is why you opt for net banking

Parasrastogi24525 Mar, 2022Business

You can categorise them based on the time taken to complete the transaction. They are IMPS (Immediate Payment Service) and NEFT (National Electronic Funds Transfer). The NEFT Bank Transfer takes some time to complete and conversely, by when you opt for IMPS, your money is deposited into the receiving individual?s bank account instantly.