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Digital Banking

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Articles

IMPS vs NEFT vs RTGS: Choosing the Right Fund Transfer Method

India offers three main electronic fund transfer rails, each with different speed, timing, and minimum-amount rules. Here is how to pick the right one.

01 Jul 2026 · 2 min read

Frequently Asked Questions

IMPS and RTGS both settle immediately; NEFT settles in near-real-time batches. For very large amounts, RTGS is the appropriate rail since it is designed for high-value, real-time gross settlement.
Yes, RTGS is intended for high-value transactions and carries a regulatory minimum amount (commonly ₹2 lakh), whereas NEFT and IMPS have no RBI-mandated minimum.