If you are trading online while sitting at home in Corona, we have great news for you. On May 23, the National Electronic Fund Transfer means that the NEFT service will be shut down for some time. The Reserve Bank has provided this information through its Twitter handle. Let me tell you that UPI remains the preferred medium for small transactions, but with this, the business stays at an average of 1,000. This change in the attitude of the people during the corona era has led to payment of Rs 9,000 by IMPS (Tatkal Payment Service), which was earlier increased from Rs 6,000 to Rs 7,000.
NEFT SYSTEM UPGRADE – DOWNTIME 00.01 TO 14.00 HOURS. Sunday, May 23, 2021: //t.co/i3ioh6r7AY
– ReserveBankOffindia (@RBI) May 17, 2021
The RBI has said that the RTGS system will continue to function as usual during this period. A similar update for RTGS was completed on April 18, 2021. Explain that you can take advantage of Neft facility using Internet Banking. Funds are transferred in the short term through NEFT. Any amount can be sent through it. That is, there is no maximum or minimum limit for transferring money.
