NEFT is a banking term. It is used to transfer payments nationwide. It is used to transfer payment from one bank account to another. It is the most popular way of transfer money. You can see the detail of NEFT in the table given below.
|National Electronic Funds Transfer||Banking||NEFT|
|National Electronic Fund Transfer||Accounts and Finance||NEFT|
|North Eastern Frontier Tract||Country Specific||NEFT|