Union Bank Of India Rtgs Form ((full)) -

: Many branches require a cheque with "For RTGS" written on it to debit the amount.

: Enter the 15-digit (or relevant length) account number accurately.

Specify if your account is Savings, Current, Cash Credit (CC), or Overdraft (OD). Step 3: Beneficiary (Receiver) Details union bank of india rtgs form

While at Union Bank of India, branch-initiated transfers incur nominal fees based on the amount and time of entry. Amount Slab Base Charge Total Estimated Charge ₹2 Lakh to ₹5 Lakh ₹24.50 – ₹30.00 ₹4.41 – ₹5.40 ₹28.91 – ₹35.40 Above ₹5 Lakh ₹49.50 – ₹55.00 ₹8.91 – ₹9.90 ₹58.41 – ₹64.90

The Union Bank of India RTGS form is a formal application used by account holders to authorize the bank to transfer funds from their account to a beneficiary's account in another bank. Because RTGS transactions are processed individually and continuously in real-time by the Reserve Bank of India (RBI), payments are final and irrevocable. : Many branches require a cheque with "For

Write the exact legal name of the person or company receiving the money.

To ensure your RTGS transaction does not get delayed or rejected, verify the following before handing the form to the teller: Step 3: Beneficiary (Receiver) Details While at Union

Verify the beneficiary's IFSC code via an online tool or directly with the recipient. An incorrect IFSC can route funds to the wrong branch or cause a bounce-back.

You do not necessarily need to visit the branch just to get a copy of the form. Union Bank of India uses a combined single form for both RTGS and NEFT transactions. How to get the form:

Before you submit your form, keep these essential RBI and Union Bank guidelines in mind: RTGS Specifications ₹2,00,000 (Two Lakh Rupees) Maximum Transfer Limit