Given the convenience of digital banking, you might wonder why anyone still uses a paper . Here are valid scenarios:
: Ensure your signature matches the one in the bank’s records exactly to avoid rejection, and double-check the beneficiary's account number as RTGS transactions are final and cannot be reversed. form or where to find the branch-specific RTGS charges union bank of india rtgs form
| Field | Explanation | |-------|-------------| | | In figures and words (minimum ₹2 lakh) | | Purpose Code | Numerical code – e.g., 001 (salary), 002 (personal transfer), 010 (business payment). Ask the teller or check common codes posted at the branch. | | Remarks (optional) | Invoice no., customer ID, etc. (limited characters) | Given the convenience of digital banking, you might
While you can always visit a branch to collect a physical form, downloading it online saves time. Here is how to get the : Ask the teller or check common codes posted at the branch
Once you've filled out the form, submit it to a Union Bank of India branch or use their online banking platform (if available). You can also use their mobile banking app or internet banking facility to initiate the RTGS transaction.
: There is no upper ceiling for RTGS transactions.