#1
13th May 2016, 06:20 PM
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Union Bank of India Transfer
Hello sir I am here as I want to know what is the charges for National Electronic Funds Transfer (NEFT) of Union Bank of India so will you please tell me about this??
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#2
14th May 2016, 09:46 AM
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Re: Union Bank of India Transfer
National Electronic Funds Transfer (NEFT) is electronic funds transfer system, which facilitates transfer of funds to other bank accounts in over 63000 bank branches across the country. This is a simple, secure, safe, fastest and cost effective way to transfer funds especially for Retail remittances. Charges for National Electronic Funds Transfer (NEFT) in Union Bank of India Rs. 5/ per transaction if the transaction amount is less than Rs. 1 lakh Rs. 25/- per transaction if the transaction amount is more than Rs. 1 lakh Features & Benefits Customers can remit any amount using NEFT Customer intending to remit money through NEFT has 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 and mobile banking customers. For corporate customers, bulk upload facility is also available at branches. Timings Customers can use this facility between 8 AM and 7 PM on all weekdays and between 8 AM and 1 PM on Saturday. There are twelve hourly settlements between 8 AM and 7 PM on all weekdays and six hourly settlements between 8 AM and 1 PM on Saturdays. |