UBI RTGS NEFT pdf form download. How to fill Union Bank for India NEFT / RTGS application form. Timing and Charges for UBI NEFT / RTGS transactions. How to Download UBI RTGS NEFT pdf form. To know answers to these questions. Continue reading this article.
Union Bank of India RTGS Form
What is Union Bank of India RTGS Form ?
RTGS is an acronym for “Real-Time Gross Settlement. This is used to transfer larger amounts. The minimum amount to transfer using RTGS is 2 lakhs. No maximum limit to transfer. Payments will process in Real-time. Customers can transfer money anywhere in India. The transaction can be done from UBI to other banks also. This facility is available in Online and UBI mobile banking.
What is Union Bank of India NEFT Form ?
NEFT is an acronym for “Nation Electronic Fund Transfer”. It a electronic fund transfer facility. It is safe, secure, reliable and economic method to transfer money. Transactions will process in batches. 12 hourly transactions are done in bank working days.
Difference Between UBI RTGS NEFT PDF Form
UBI provides RTGS and NEFT different services. But same application form is used for both the transcations.
How to Fill Union Bank of India RTGS Form / UBI NEFT Form
There are mainly two sections in the UBI RTGS / NEFT Form. The main details need to fill in the form are given below.
Details of Beneficiary Section
- Name of the Beneficiary
- Name of Beneficiary’s Bank, Adress.
- IFSC code of beneficiary bank branch
- Beneficiary account number
- Type of beneficiary account
Details of Remitter Section
- Name of the Remitter
- Reitter PAN (Permenant Account Number)
- Amount to be sent to a beneficiary in rupees and words.
- Mode of payment
How to Download Union Bank of India RTGS / NEFT Form PDF Download
Customers can download Union Bank of India RTGS / NEFT form PDF online. Click on the below button to download UBI RTGS / NEFT form.
RTGS Charges in Union Bank of India
UBI follows different service charges based on time and amount. Based on time also service charges vary in UBI. RTGS transaction charges waived for North Eastern state UBI customers. You can find Union Bank of India RTGS Charges in below table.
| RTGS Amount (Rs) | Transactions service charge (Rs) |
| 2 Lakh to 5 Lakh | 25/- + Taxes (From 08:00 AM up to 11:00 AM) 27/- + Taxes (From 11:00 AM up to 01:00 PM) 30/- + Taxes (After 01:00 PM) |
| Above 5 Lakh | 50/- + Taxes (From 08:00 AM up to 11:00 AM) 52/- + Taxes (From 11:00 AM up to 01:00 PM) 55/- + Taxes (After 01:00 PM) |
NEFT Charges in Union Bank of India
UBI NEFT charges are given in the below table. Like RTGS, These transaction service charges waived for customers in the North Eastern States.
| RTGS Amount (Rs) | Transactions service charge (Rs) |
| Up to 10,000/- | 2.5/- (Exclusive of Taxes) |
| 10,000/- to 1,00,000/- | 5/- (Exclusive of taxes) |
| 1,00,000/- to 2,00,000/- | 15/- (Exclusive of taxes) |
| Above 2,00,000/- | 25/- (Exclusive of taxes) |
NEFT Timings in Union Bank of India
Union Bank of India’s neft transaction timing is given below. These times are for UBI NEFT transactions made in a bank branch. Twelve hourly transactions are made between 8:00 to 19:00. Customers can upload transaction detail before 6:00 PM. To process the transaction on the same day.
| Banking Days | Timings |
| UBI NEFT on working weekdays (From Monday to Friday) | 08:00 AM to 6:30 PM |
| UBI NEFT on working Saturdays | 08:00 AM to 6:30 PM |
| NEFT on Sundays and National Holidays | Transactions are not allowed |
RTGS Timings In Union Bank of India
The UBI RTGS made in a bank branch. Customers should follow allocated timings. Bulk RTGS file should be uploaded before 5:00 PM. To process the transactions on the same day. The timings for UBI RTGS transactions are below. Anyway, RTGS made online has different timings.
| Banking Days | Timings |
| UBI RTGS on working weekdays (From Monday to Friday) | 07:00 AM to 5:45 PM |
| RTGS on working Saturdays | 07:00 AM to 5:45 PM |
| RTGS on Sundays and National Holidays | Transactions are not allowed |
Useful Links for UBI NEFT & RTGS Transactions
For more information. You can visit the Union Bank of India website link given below.
UBI NEFT : https://www.unionbankofindia.co.in/english/fund-transfer.aspx
UBI RTGS : https://www.unionbankofindia.co.in/english/rtgs.aspx