Download Canara Bank RTGS/NEFT Form
You can get the Canara Bank RTGS /NEFT Form Application Form for free using the direct download link given at the bottom of this article.
Canara Bank RTGS/NEFT Form
RTGS is an acronym stands for Real Time Gross Settlement. As the name defines, RTGS settles fund transfers continuously on an order-by-order basis. RTGS stands for real-time gross settlement that enables banks to transfer money or securities from one bank to another on a real time basis. RTGS systems are primarily used for high-value transactions that need to be settled immediately.
National Electronic Funds Transfer is a nation-wide payment system that lets you transfer funds from one bank account to another. It’s just like RTGS in the sense that you can use it for instant payments. NEFT and RTGS can both be used for electronic fund transfer, but there are some specific differences.