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What are the differences between RTGS and NEFT?
Are there any differences in the transaction limits?
Yes, there is a difference in the transaction limits between RTGS and NEFT. The minimum amount that can be transferred through RTGS is Rs. 2 lakhs, whereas it is only Rs. 1 for NEFT. There is no upper limit for RTGS, but for NEFT, the maximum limit is Rs. 10 lakhs.