Union Bank of India RTGS Form UBI
Union Bank Of India RTGS form UBI is used to do RTGS in Bank. In RTGS form UBI Amount more than 2 Lakh Rs can be transferred to any bank account. Union Bank of India NEFT Form UBI is used to do NEFT in UBI Bank. IN UBI NEFT amount less than 2 lakh can be transferred to any bank account.
Type : RTGS Form UBI, NEFT Form UBI
Bank : Union Bank of India, Andhra Bank, Corporation Bank
Usage : Financial Transaction in Union Bank
Information Updated on : 2 Apr 2021
If you wanted to check preview of RTGS Form UBI, NEFT Form UBI then below image is attached.
How to download NEFT RTGS Form UBI?
You can download UBI Union Bank of India RTGS Form PDF from Insuregrams. You can download Union Bank of India NEFT Form PDF from Insuregrams. You can use this RTGS form to do UBI Union Bank RTGS form from here. You can Use this UBI Union Bank NEFT Form from here.
RTGS and NEFT is electronic payment gateway used by Banks for more secure transactions. RTGS is for real time settlement process. While NEFT done in Banking transaction Batches. Union Bank RTGS stands for Real Time Gross settlement. Union Bank NEFT stands for National Electronic Fund Transfer system. RTGS and NEFT is more reliable, Secure payment gateway for Electronic transaction.
In RTGS system, Originating and destination bank branches are part of the RTGS network. IN RTGS and NEFT, Beneficiary details such as beneficiary name, account number and account type, name and IFSC of the beneficiary bank branch should be available with the remitter.
What is time for Union bank NEFT and RTGS?
Note: The service of NEFT and RTGS at Union Bank of India Bank branch available only during working hours.
NEFT transactions will be available 24*7 for online transactions such as internet banking, mobile banking
In Union Bank RTGS time is shown in table,
|On Working week days Monday to Friday RTGS||7.00 AM to 6:00 PM|
|On Working Saturdays RTGS||7.00 AM to 6.00 PM|
|On Sundays and Public Holidays RTGS||No Transaction Allowed|
In Union Bank NEFT time is shown in table,
|On Working week days Monday to Friday NEFT||7.00 AM to 6:00 PM|
|On Working Saturdays NEFT||7.00 AM to 6:00 PM|
|On Sundays and Public Holidays NEFT||No Transaction Allowed|
Bulk RTGS File should be uploaded before 17:30 Hrs for same day processing.
In Union Bank NEFT Available on all days of the year, including holidays. Bulk NEFT File should be uploaded before 18:00 Hrs for same day processing.
How To Fill UBI Union Bank Of India RTGS and NEFT Form?
Remember Union Bank of India RTGS form is used for amount more than 2 lakh Rs. while NEFT is used for amount less than 2 lakh Rs. Here are steps for how to fill UBI Union Bank of Indian RTGS and NEFT form .
- Amount to be remitted: Write exact amount which should be remitted from your account
- The account number to be debited: your union Bank account Number from which the transaction amount will be debited.
- Name of the beneficiary bank and branch: Write clearly beneficiary of your transaction and branch code of beneficiary.
- The IFSC number of the receiving branch: IFSC code is important in RTGS and NEFT. Please write it in form
- Name of the beneficiary customer: Customer Name without any mistake
- Account number of the beneficiary customer: Never mistake in account number. write it carefully.
- Sender to receiver information, if any required. For tax purpose you can write it.
What are charges for Union Bank of India RTGS and NEFT?
The charges for NEFT and RTGS in Union Bank of India are shown in table. The Inward NEFT and RTGS are free of cost in Union bank of India.
|Amount of RTGS||Transaction Service Charges (Exclusive of GST)|
|Rs.2 lakhs & up to Rs.5 lakhs||Rs 24.5|
|Above Rs.5 lakhs||Rs 49.5|
|Amount of NEFT||Transaction Service Charges (Exclusive of GST)|
|Up to Rs.10,000/-||Rs. 2.5|
|Rs.10,001 and up to Rs.1 lakh||Rs 5|
|Rs 100001 to Rs 200000||Rs 15|
|Rs 200000||Rs 24.75|
There is no charge for Union Bank saving account holder for NEFT.
HDFC Bank RTGS NEFT Form PDF: Click here
ICICI Bank RTGS Form ICICI NEFT Form: Click here
Kotak Mahindra Bank RTGS NEFT Form: Click here
BOB Bank of Baroda RTGS NEFT Form: Click here
Axis Bank RTGS and NEFT Form: Click here
SBI State Bank of India RTGS Form: Click here