| Item | Detail | |------|--------| | Min amount | ₹2 lakh | | Max amount | No limit | | Settlement | Real-time | | Form name | NEFT/RTGS Transaction Form | | Critical field | IFSC code | | Cut-off time | ~4:30 PM weekdays | | Charges | ₹25–50 + GST | | Alternatives | NetBanking, Mobile app | | Availability | Branch only during working hours |
If you need a specific downloadable blank form or the latest fee update, visit the official Union Bank of India website → “Forms & Downloads” → “Fund Transfer Forms” – or ask at your home branch.
The Union Bank of India (UBI) RTGS form is a critical financial document used for high-value fund transfers, starting at a minimum of ₹2 lakh. Real-Time Gross Settlement (RTGS) allows for the continuous, individual settlement of funds between banks without netting, ensuring immediate credit to the beneficiary. Form Details & Requirements
The form is typically a combined application for both NEFT and RTGS transactions. To complete it, you must provide: union bank of india rtgs form
Beneficiary Details: Full name, account number, account type (Savings, Current, or Cash Credit), bank name, branch, and IFSC code.
Remitter Details: Name, address, mobile number, and PAN number.
Transaction Details: Amount in figures and words, plus the date of remittance. | Item | Detail | |------|--------| | Min
Payment Mode: Options include debiting your account directly or providing a cheque (including the cheque number and date). Submission Methods How to Download Union Bank Of India RTGS Form? - ClearTax
Before diving into the form itself, it is important to understand the underlying system. RTGS stands for Real Time Gross Settlement. Unlike NEFT (which settles in batches), RTGS processes transactions individually and in real-time.
Key Features of RTGS:
You would need a physical RTGS form at Union Bank of India in the following scenarios:
Errors in filling the form are the #1 reason for transaction rejection. Follow this meticulous guide: