and type (Savings, Current, or Cash Credit).
Real Time Gross Settlement (RTGS) is an electronic funds transfer system for transferring high-value funds from one bank branch to another on a real-time and gross basis. In India, RTGS is used for large-value interbank transfers and is regulated by the Reserve Bank of India (RBI). Union Bank of India, as a scheduled commercial bank, facilitates RTGS transfers through branch forms and online banking channels. This paper explains the RTGS form requirements, processing, limits, charges, documentation, and practical advice for customers using Union Bank of India’s RTGS service. union bank of india rtgs form
| Transaction Amount | Charges | | :--- | :--- | | ₹2 lakh to ₹10 lakh | ₹10 + GST | | Above ₹10 lakh | ₹20 + GST | and type (Savings, Current, or Cash Credit)
The total sum to be sent, written in both figures and words. Union Bank of India, as a scheduled commercial