Differences between NEFT, RTGS and IMPS

NEFT is a facility which transfers money through online in a deferred payment basis. RTGS is a facility which transfers money through online in a real time basis. IMPS is a facility which transfers money through online in an immediate basis.

Difference between Fixed Deposit and Recurring Deposit

The Fixed Deposit is a method of investment where the amount is deposited into an account at the time of opening of the fixed deposit account. The Recurring Deposit is a method of investment where a fixed amounts of installments are deposited at regular intervals of time into RD account.