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July 15th, 2017, 12:26 PM
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Join Date: Mar 2012

I want the Real Time Gross Settlement [RTGS] form of Union Bank Of India so can you please provide me?

Real Time Gross Settlement [RTGS] 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'.

Union Bank Of India RTGS form




Presently, there are over 50000 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.

RTGS Timings-

Monday to Friday:8.00Hrs to 16.20Hrs. Bulk RTGS File should be uploaded before 15:50Hrs for same day processing.

Saturday(except 2nd & 4th Saturdays):8.00Hrs to 16.20Hrs. Bulk RTGS File should be uploaded before 15:50Hrs.

Sunday is holiday.

RTGS Charges-

For transaction amount from Rs. 2 Lac & up to Rs. 5 Lacs:

Rs.25.00 + taxes (From 08:00 Hrs & up to 11:00 Hrs)
Rs.27.00 + taxes (After 11:00 Hrs & up to 13:00 Hrs)
Rs.30.00 + taxes (After 13:00 Hrs)

For transaction amount more than Rs. 5 Lacs:

Rs.50.00 + taxes (From 08:00 Hrs & up to 11:00 Hrs)
Rs.52.00 + taxes (After 11:00 Hrs & up to 13:00 Hrs)
Rs.55.00 + taxes (After 13:00 Hrs)

Charges are waived for customers availing services at our branches in North Eastern States

Contact-

All-India Toll Free number : 1800 22 22 44 / 1800 208 2244
Charged Numbers : 080-25300175
Dedicated number for NRI : +918025302510

Last edited by Anuj Bhola; October 11th, 2019 at 03:12 PM.
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