Retain the counterfoil or acknowledgment slip provided by the teller for your records. Important Considerations
The Union Bank of India Real Time Gross Settlement (RTGS) form is a mandatory document used to initiate high-value fund transfers within India. RTGS is primarily designed for transactions exceeding ₹2 lakh, offering near-instant settlement on an order-by-order basis. Purpose of the RTGS Form
While RTGS is technically available 24/7 via digital channels, branch-based requests are subject to specific business hours.
Your name, account number, and contact information.
A physical signature matching the bank's records for authentication. Steps to Complete the Transfer
Hand the completed form to a bank official. For offline transfers, you may need to provide a cheque for the total amount plus service charges.
Fees vary based on the transaction amount and whether the request is made online or at a branch.
This form acts as a legal instruction to the bank. It authorizes the transfer of a specific amount from your account to a beneficiary at another bank. Unlike NEFT, which processes in batches, RTGS is processed continuously throughout the bank's business hours. Key Sections of the Form
Obtain the form from the official Union Bank of India website or visit any local branch.
To ensure a successful transfer, you must provide accurate details in the following sections:
Union Bank Of India Rtgs Form May 2026
Retain the counterfoil or acknowledgment slip provided by the teller for your records. Important Considerations
The Union Bank of India Real Time Gross Settlement (RTGS) form is a mandatory document used to initiate high-value fund transfers within India. RTGS is primarily designed for transactions exceeding ₹2 lakh, offering near-instant settlement on an order-by-order basis. Purpose of the RTGS Form
While RTGS is technically available 24/7 via digital channels, branch-based requests are subject to specific business hours.
Your name, account number, and contact information.
A physical signature matching the bank's records for authentication. Steps to Complete the Transfer
Hand the completed form to a bank official. For offline transfers, you may need to provide a cheque for the total amount plus service charges.
Fees vary based on the transaction amount and whether the request is made online or at a branch.
This form acts as a legal instruction to the bank. It authorizes the transfer of a specific amount from your account to a beneficiary at another bank. Unlike NEFT, which processes in batches, RTGS is processed continuously throughout the bank's business hours. Key Sections of the Form
Obtain the form from the official Union Bank of India website or visit any local branch.
To ensure a successful transfer, you must provide accurate details in the following sections: