Union Bank RTGS Form 2021 – PDF Download

Union Bank RTGS Application Form PDF Download

Union Bank of India also known as Union Bank is an Indian-government-owned bank. It has more than 120 million customers. And its head office is in Mumbai, Maharashtra.

From this post, you can download the Union Bank RTGS form PDF.

Union-Bank-RTGS-Form

RTGS (Real-time Gross Settlement) and NEFT (National Electronic Fund Transfer) are bank-to-bank money transfer methods.

RTGS transactions are completed on a 24/7 basis, excluding 11:30 PM and 00:30 AM. due to cut-off.

The minimum and maximum fund transfer requirements for NEFT and RTGS are as followed.

TypeMinimumMaximum
RTGSRs. 2 LakhsRs. 10 Lakhs
NEFTNo MinimumRs. 10 Lakhs

Other than RTPS and NEFT, IMPS (Immediate Payment Service) is also an option available for 24×7 fund transfer.

Union Bank RTGS Form Download

In RTGS, the beneficiary Bank branch receives the funds in real-time as soon as funds are transferred by the remitting Bank. The beneficiary Bank has to credit the beneficiary’s account within two hours of receiving the fund’s transfer message.

Charge of RTGS transaction between 2 Lakh to Rs. 5 Lakh is 24.50 rupees and for the transaction, more than 5 lakh service charge is 49.50 rupees.

For Union Bank of India, the RTGS transaction service charge varies between 28.91 rupees to 58.41 rupees.

In the Union Bank RTGS Form, you will need to fill following details.

Details of Beneficiary

  • Name
  • Address
  • Name of Benefinciary’s Brank
  • Branch Address
  • IFCS Code of Beneficiary’s Bank
  • Branch
  • Date of Remittance
  • Type of Account (Saving/Current/Cash)
  • Account No

Details of Remitter

  • Name
  • Address
  • PAN No
  • Mobile No
  • Amount (In Rs)
  • Amount in Words
  • Mode of Payment

To download Union Bank RTGS Form PDF, just click on the below download button and within few seconds, the form PDF will be on your device.

Leave a Comment