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Personal  Online Payments  RTGS
Link To: Union Million
RTGS
FeaturesFAQs
Real Time Gross Settlement [RTGS], introduced by us as Union Bullet, is the fastest possible mode of money transfer through bank channels available in India. It's a fund transfer mechanism where transfer of money takes place from one bank to another in real time and on 'gross basis'. Presently, there are over 45000 bank branches enabled for remitting and receiving funds through RTGS. RTGS is primarily for large value remittances. The minimum amount to be remitted through RTGS is Rs.2.00 Lakh.
 
SALIENT FEATURES
 
Customers can remit any amount using RTGS. Customers intending to remit money through RTGS have to furnish the following particulars:
 
  • IFSC (Indian Financial System Code) of the beneficiary Bank/Branch.
  • Full account number of the beneficiary.
  • Name of the beneficiary.
 
The facility is also available through online mode for all internet banking customers.
For corporate customers, bulk upload facility is also available at branches.
 
TIMINGS
 
RTGS remittance service for customer transactions is available from 9.00 hours to 15.30 hours on weekdays and from 9.00 hours to 11.00 hours on Saturdays. Under this facility money will be credited to the beneficiary account instantly on 'real time' basis.
 
Union Bank offers RTGS facility to its customers through all its branches.
 
CHARGES
 

Free if the transaction amount is less than Rs. 2 lakhs.

Rs. 25/- per transaction if the transaction amount is from Rs. 2 lakhs upto and including Rs. 5 lakhs.
Rs. 50/- per transaction if the transaction amount is more than Rs. 5 lakhs.

 
NOTE: Charges are waived for customers availing services at our branches in North Eastern States
 
I Anup Kumar Das, Son of Late Jiban Krishna Das, residing at Vill.- Paschim Nandabhanga, P.O.- Bakhrahat, P.S.- Bishnupur, Dist.- South 24-Parganas, West Bengal
Link To: Union Gold Coins
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