The popular and convenient way to initiate an electronic fund transfer is via an online bank account. Some banks require a written authorization from the USER to ENABLE electronic fund transfer online.

Other means are available to initiate an electronic fund transfer. Most major banks have branches that are NEFT and RTGS enabled. It is possible to place a request at these banks for electronic fund transfer. You can make a fund transfer at these branches even if you do not have a bank account with the branch. Some banks have enabled the option of making a NEFT TRANSACTION at their ATM machines.

The popular and convenient way to initiate an electronic fund transfer is via an online bank account. Some banks require a written authorization from the user to enable electronic fund transfer online.

Other means are available to initiate an electronic fund transfer. Most major banks have branches that are NEFT and RTGS enabled. It is possible to place a request at these banks for electronic fund transfer. You can make a fund transfer at these branches even if you do not have a bank account with the branch. Some banks have enabled the option of making a NEFT transaction at their ATM machines.