Union Bank Rtgs Charges [updated] [ Hot - 2027 ]

If you visit a Union Bank branch to initiate an RTGS transfer using a physical form, nominal service charges apply. These fees are often time-dependent: Transaction Amount Charges (Excluding GST) 8:00 AM – 11:00 AM 11:00 AM – 1:00 PM After 1:00 PM Above ₹5 Lakh 8:00 AM – 11:00 AM 11:00 AM – 1:00 PM After 1:00 PM Sources: StableMoney , Paisabazaar . Key RTGS Limits and Timings

If your RTGS fails due to a technical issue (wrong IFSC, beneficiary bank down, etc.), Union Bank does levy any charges. However, if you provide incorrect beneficiary details, the amount may be reversed after 2–3 days, but no penalty fee applies. union bank rtgs charges

Real-Time Gross Settlement (RTGS) is a premier payment system for high-value transactions, typically starting at ₹2 lakh. Union Bank of India provides this facility to its customers through both digital and offline channels. If you visit a Union Bank branch to

If the transaction has already been processed and credited to the beneficiary, it cannot be cancelled. If the transaction fails or is returned, the bank refunds the full amount, including charges. However, specific service charges for returning the funds may apply in rare cases. However, if you provide incorrect beneficiary details, the

| Transaction Amount | Charges (Inclusive of GST) | | :--- | :--- | | | ₹24.75 (Base: ₹20 + GST) | | Above ₹5,00,000 | ₹49.50 (Base: ₹40 + GST) |