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Old June 6th, 2016, 05:21 PM
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Join Date: Nov 2011
Default Re: How To Transfer Money From SBI To Union Bank Of India

Buddy I would like to tell you that by the help of NEFT you can easily transfer funds from State Bank of India to Union Bank Of India so that you can go through it easily.

The NEFT electronic payment system in which payment instructions between banks are processed and settled on deferred net settlement (DNS) basis at fixed times during the day. There is no minimum or maximum stipulated transaction value for using this facility.

Information Required for transfer of Funds
Amount to be remitted

Account no. to be debited

Name of the beneficiary bank

Name of the beneficiary customer

Account no. of the beneficiary customer

Sender to receiver information, if any

IFSC code of the receiving branch.(IFSC Code is printed on cheque leaves.)

Max. and Min. amount of loan can be transferred is
Type Minimum Maximum

RTGS Rs. 2 Lakhs Rs.5 Lakhs

NEFT No Minimum Rs.5 Lakhs

State Bank Of India
3rd Floor, G Block, Synergy Buidling, Bandra Kurla Complex-Bandra East, Mumbai - 400051, Behind National Stock Exchange

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