Online Banking - Introduction of Jargons

Online banking or Internet banking generally throws some of its own jargons.
I'll be hosting a series on this blog where I'll try to share my notes of some of those jargons.

Jargons covered will be:

MICR Code

IFSC Code

NEFT

How NEFT Works

RTGS

Neft vs RTGS

Stay tuned to read more about them.