Union Bank Of India Rtgs Form Info

This guide provides everything needed to fill out a Union Bank of India RTGS (Real Time Gross Settlement) form.

Do you plan to download the form or collect it in-branch ?

While both are electronic fund transfer systems, RTGS and NEFT serve different purposes. Here’s a quick comparison to help you decide:

: M/s Alpha Traders Account No. : 123456789012 IFSC : UBIN0532108 Bank : Union Bank of India, Karol Bagh, Delhi

| Issue | Solution | |-------|----------| | | Double-check – use RBI’s IFSC search or Union Bank’s branch list | | Beneficiary name mismatch | Must exactly match bank’s records (minor spelling errors cause return) | | Amount less than ₹2 lakh | Use NEFT instead | | Insufficient balance + charges | Ensure balance = amount + fees | | Signature mismatch | Update signature records before submission | | Incomplete purpose code | Ask branch staff for correct code | | Beneficiary account closed | Fund will bounce; you pay return charges | union bank of india rtgs form

While you can always visit a branch to collect a physical form, downloading it online saves time. Here is how to get the :

Walk into any nearby Union Bank of India branch and request a copy of the RTGS slip from the counter.

Use blue or black ink. Ensure the IFSC code is correct, as a single wrong digit can misdirect the funds.

⏱️ RTGS is processed on a real-time basis during business hours, but you can also use Union Bank net banking for digital RTGS transfers 24/7. This guide provides everything needed to fill out

A single wrong digit in an IFSC code can route funds to the wrong branch or bounce the transaction.

Enter the name of the recipient’s bank (e.g., SBI, HDFC, ICICI) and the specific branch location.

State the amount to be transferred (₹2 Lakhs or more).

Write the date in the DD/MM/YYYY format and the name of the branch where you are physically standing. Here’s a quick comparison to help you decide:

Before diving into the form itself, it is essential to understand why RTGS is different from NEFT or IMPS.

Name of the originating Union Bank branch and the current transaction date.

Based on the bank's official schedule of charges, the fees for RTGS outward transactions are as follows: