Understanding the Difference Between TPT and IMPS: Your Guide to HDFC Bank's Money Transfer Options
In today’s fast-paced world, the ability to transfer money quickly and efficiently is crucial. HDFC Bank, one of India’s leading financial institutions, offers a variety of money transfer options to cater to the diverse needs of its customers. Among these options are TPT (Third Party Transfer) and IMPS (Immediate Payment Service). While both serve the purpose of transferring funds, they differ in terms of processing time, transaction limits, and availability. Understanding these distinctions is essential when choosing the most suitable option for your specific needs....