Union Bank Of India Wire Transfer Charges

Hi I would like to know the charges which are levied by the Union Bank of India for tranfering money to different banks in India?

Both NEFT and RTGS modules are accessible as a solitary module inside our Internet Banking application. So you need to login to our Internet Banking Service, go to "Exchanges" menu and select "NEFT/RTGS Transfers" alternative.

You need to Register and affirm your recipient before making any asset exchange. This enlistment and affirmation procedure is one time movement. The framework sends Tracker ID to you as SMS for recipient affirmation.

Exchange sum not as much as Rs. 2,00,000 will be dealt with as NEFT exchange, else you will need to choose NEFT or RTGS choice for between bank reserve exchange. For RTGS least sum is 2, 00,000.

NEFT Charges :
1. For transaction amount up to Rs. 1 Lac : No Charge
2. For transaction amount above Rs. 1 Lac & up to Rs. 2 Lacs : Rs. 16.00
3. For transaction amount more than Rs. 2 Lacs : Rs. 26.00

RTGS Charges :
1. For transaction amount from Rs. 2 Lac & up to Rs. 5 Lacs:
Rs.26.00 (From 08:00 Hrs & up to 12:00 Hrs)
Rs.27.00 (After 12:00 Hrs & up to 15:30 Hrs)
Rs.32.00 (After 15:30 Hrs)

2. For transaction amount more than Rs. 5 Lacs:
Rs.52.00 (From 08:00 Hrs & up to 12:00 Hrs)
Rs.53.00 (After 12:00 Hrs & up to 15:30 Hrs)
Rs.57.00 (After 15:30 Hrs)

Address:

Union Bank of India
Union Bank Bhavan,
239, Vidhan Bhavan Marg,
Nariman Point,
Mumbai - 400 021,
Maharashtra, India

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Answered By StudyChaCha Member