Use NEFT for smaller, non-urgent transfers. Use RTGS for amounts above ₹2 lakhs that need immediate clearing.
While NEFT takes up to 30 minutes, RTGS is near-instantaneous.
: The total sum to be transferred, written in both figures and words. Mode of Payment union bank of india neft rtgs form pdf download exclusive
The is a unified application used for electronic fund transfers. While many users prefer Online Banking for these transactions, the physical form is essential for high-value transfers initiated directly at a branch. Form Download and Purpose
Pre-filling the form speeds up the in-branch process. Use NEFT for smaller, non-urgent transfers
Official signature as per bank records to authorize the transfer. Offline Submission Checklist
The Union Bank of India remittance form is divided into two distinct sections: the on the left and the Main Branch Copy on the right. Both sections must be filled completely. Step 1: Fix the Date and Branch Details Write the current date in the top right corner. : The total sum to be transferred, written
This section identifies the destination account where the funds will be credited.
This is the most critical part, as any error here will cause the funds to be misdirected. 5. Enter the full, complete name of the person or company receiving the funds. Ensure this matches their bank records. 6. Beneficiary Address: Provide the address of the beneficiary. 7. Beneficiary Bank Details: Provide the name of the beneficiary's bank and the complete address of their specific branch. 8. Account Number: Double and triple-check the receiver's complete bank account number. This is a common source of errors. 9. IFSC Code: Enter the 11-character IFSC code of the receiver's bank branch. This code is mandatory for the transfer to be processed. 10. Type of Account: Tick the correct box to indicate the type of account the funds are going to (e.g., Savings, Current, Cash Credit ).
The official Union Bank of India remittance form is a single, unified document divided into two primary sections:
Enter your 15-digit Union Bank of India account number from which funds will be debited.