About Union Bank : Founded in 1919 and headquartered in Mumbai since 1921, the Union Bank of India is one of the premier banks with over 36000 employees and more than 4200 branches all over the country.
Union Bank RTGS System and NEFT System
RTGS i.e. Real Time Gross Settlement system and NEFT i.e. National Electronics Fund Transfer are convenient schemes provided by RBI for quick transfer of funds from one account to another. Union Bank also provides these modern facilities to all customers. Union Bank customers can take advantage of RTGS as well as NEFT through their online banking accounts. For those customers who do not possess an online banking account, these facilities are present at their nearest Union Bank branches too.
While there is no minimum or maximum transaction cap on NEFT, for those desirous of using RTGS facility must note that Rs. 2 lakh remains the minimum floor amount for any customer transaction.
Union Bank provides RTGS facility from 7 AM to 17.45 PM on weekdays as well as Saturdays, except the second and fourth Saturdays of every month. Similarly, it provides NEFT facility from 8 AM to 6.30 PM on weekdays as well as Saturdays, barring the second and fourth Saturdays that are holidays.
Details Needed For Union Bank RTGS/NEFT Process
For filling the Union Bank New RTGS/NEFT Application Form, it is important to ensure the accuracy of these details:-
- Beneficiary Name,
- Account Number,
- Beneficiary bank name,
- Beneficiary bank branch,
- IFSC Code.
Additionally, the applicant needs to furnish their account number as well as the correct amount for transferring purposes.
How To Download Union Bank New RTGS/NEFT Application Form
For Union Bank New RTGS/NEFT Application Form PDF Download, go to the nearest Union Bank branch and get an application form. Or you can log onto the Union Bank Internet Banking portal at https://www.unionbankonline.co.in/home.html and utilize these facilities.
How To Fill Union Bank New RTGS/NEFT Application Form
The Union Bank New RTGS/NEFT Application Form PDF Download is easy to fill with the accurate applicant as well as beneficiary details. The transfer through RTGS as well as NEFT happens on the same day or the next depending upon the time of application submission.