Download Union Bank of India RTGS and NEFT Application Form in PDF Format. Download Union Bank of India NEFT Form in PDF Format, Download Union Bank of India RTGS Form in PDF Format, Download Latest & Updated Union Bank of India RTGS / NEFT Form in PDF format, Request form of RTGS/ NEFT for Union Bank of India, Download Union Bank of India Electronic Remittance Transaction Initiation Voucher (RTGS / NEFT), Download Union Bank of India NEFT Pay Slip, Download Union Bank of India RTGS Pay Slip in PDF ,Union Bank of India IMPS Transfer Form, . Just input the details of name of Branch, Amount to be remitted and details of Remitter and beneficiary. Now scroll down below and Download Union Bank of India RTGS, NEFT Form in PDF Format.
Q1. What is NEFT System?
A. The National Electronic Funds Transfer System (NEFT) is a system designed to transfer funds electronically from your account with us to another account in other Banks anywhere in the country.
Q2. Is it necessary that I should have an account with us?
A. Yes. As of now this facility is available to customers having account with UBI Bank. However, this facility will be available to Non-customers also for remittances up to Rs.50000/= shortly.
Q4. Can the money be transferred to any Bank in the country.
A. No. Money can be transferred to only those Branches of Banks where this NEFT facility is enabled. However, presently, Reserve Bank of India has designated as many as listed branches. The number is increasing day by day.
Q5. How do I know whether the Branch where the money is to be transferred is enabled for NEFT?
A. You can either get the information from published and updated by RBI from time to time OR you may get the information from the Bank where you are operating the account.
Q6. What procedures should I follow to transfer the funds?
A. It is very simple. Fill up the application wherein you have to give the details of your account no, amount to be transferred, beneficiaries name, Bank and Branch and IFSC code of the beneficiary bank.
Q7. What is IFSC Code and where would I get it?
A. Indian Financial System Code (IFSC) means a unique code of 11 digits of the NEFT enabled Branches. Normally, this code will be printed on the cheque books OR it may be obtained from the branch where the account is maintained.
Q8. How long will it take for me to transfer funds and for the beneficiary to get the funds?
A. For you it takes you few minutes and the beneficiary would get the funds on the same day or the next day depending on the time of remittance.
Q13. How do I come to know about the funds transfer? Can I track the transaction in any way? Can I get acknowledgement?
A. You can track the transaction. Either you can get the confirmation from the beneficiary himself OR from your branch, from where the transaction is initiated. You can receive an electronically generated acknowledgement. on registered mail id.
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