NEFT and RTGS Charges in Union Bank of India

As you know NEFT is a nation-wide payment system facilitating one-to-one funds transfer. Under NEFT, individuals, firms and corporates can electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country participating in the Scheme.

Following is NEFT Charges in Union Bank of India

1. For transaction amount up to Rs. 10,000 : Rs. 2.50 + taxes
2. For transaction amount above Rs. 10,000 & up to Rs. 1 Lac : Rs. 5.00 + taxes
3. For transaction amount above Rs. 1 Lac & up to Rs. 2 Lacs : Rs. 15.00 + taxes
4. For transaction amount more than Rs. 2 Lacs : Rs. 25.00 + taxes

Following is RTGS Charges in Union Bank of India

1. For transaction amount from Rs. 2 Lac & up to Rs. 5 Lacs:
Rs.25.00 + taxes (From 08:00 Hrs & up to 11:00 Hrs)
Rs.27.00 + taxes (After 11:00 Hrs & up to 13:00 Hrs)
Rs.30.00 + taxes (After 13:00 Hrs)

2. For transaction amount more than Rs. 5 Lacs:
Rs.50.00 + taxes (From 08:00 Hrs & up to 11:00 Hrs)
Rs.52.00 + taxes (After 11:00 Hrs & up to 13:00 Hrs)
Rs.55.00 + taxes (After 13:00 Hrs)

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