#1
7th May 2015, 02:22 PM
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Union Bank of India Fund Transfer Demo
Can you tell me about the process of Fund Transfer in Union Bank of India as I want to do so but have never done so? Can you tell me if there is any demo regarding Fund Transfer available on the official website of Union Bank of India?
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#2
30th November 2019, 03:29 PM
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Re: Union Bank of India Fund Transfer Demo
Can you provide me the details of the - National Electronic Funds Transfer (NEFT) & RTGS (Real Time Gross Settlement) - Fund Transfer to other Bank Accounts – of Union Bank of India?
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#3
30th November 2019, 03:29 PM
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Re: Union Bank of India Fund Transfer Demo
Both National Electronic Funds Transfer (NEFT) & RTGS (Real Time Gross Settlement) modules of Union Bank of India are available as a single module inside Internet Banking application. One has to register beneficiary before making any fund transfer. This registration process is one time activity. NEFT Operating Hours: Monday to Friday: 8.00Hrs to 18.30Hrs. Bulk NEFT File should be uploaded before 18:00Hrs for same day processing. Saturday (except 2nd & 4th Saturdays):8.00Hrs to 18.30Hrs. Bulk NEFT File should be uploaded before 18:00Hrs for same day processing. Sunday is holiday. RTGS Operating Hours: Monday to Friday: 8.00Hrs to 16.00Hrs. Bulk RTGS File should be uploaded before 15:30Hrs for same day processing. Saturday (except 2nd & 4th Saturdays):8.00Hrs to 16.00Hrs. Bulk RTGS File should be uploaded before 15:30Hrs. Sunday is holiday. NEFT Charges : 1. For transaction amount up to Rs. 10,000 : Rs. 2.61 + taxes 2. For transaction amount above Rs. 10,000 & up to Rs. 1 Lac : Rs. 5.22 + taxes 3. For transaction amount above Rs. 1 Lac & up to Rs. 2 Lacs : Rs. 14.78 + taxes 4. For transaction amount more than Rs. 2 Lacs : Rs. 25.22 + taxes RTGS Charges : 1. For transaction amount from Rs. 2 Lac & up to Rs. 5 Lacs: Rs.25.22 + taxes (From 08:00 Hrs & up to 11:00 Hrs) Rs.26.96 + taxes (After 11:00 Hrs & up to 13:00 Hrs) Rs.30.43 + taxes (After 13:00 Hrs) 2. For transaction amount more than Rs. 5 Lacs: Rs.50.43 + taxes (From 08:00 Hrs & up to 11:00 Hrs) Rs.52.17 + taxes (After 11:00 Hrs & up to 13:00 Hrs) Rs.54.78 + taxes (After 13:00 Hrs) NEFT/RTGS Holiday List 2018: 26-Jan, 30-Mar, 15-Aug, 22-Aug, 02-Oct, 25-Dec, all Sundays and 2nd & 4th Saturdays. If any working day is declared as RBI NEFT/RTGS holiday later, then NEFT/RTGS transactions scheduled will not be processed on the same day, it will be processed on the next working day. One may recall the transactions and reschedule them. |