Your account from which funds will be debited. Why Use RTGS? Check Out RTGS Transfer Charges - ClearTax
| Transaction Amount | Bank Charges | + GST (18%) | | |-------------------|--------------|-------------|------------| | ₹2 lakh to ₹5 lakh | ₹25 | ₹4.50 | ₹29.50 | | Above ₹5 lakh | ₹50 | ₹9.00 | ₹59.00 | union bank rtgs charges
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 Your account from which funds will be debited
| Transaction Amount | Charges (Inclusive of GST) | | :--- | :--- | | | ₹29.50 (Base: ₹24 + GST) | | Above ₹5,00,000 | ₹59.00 (Base: ₹48 + GST) | Corporate) and the channel used (Mobile App vs
Online RTGS transactions are generally cheaper than branch-based transactions.
While there is no upper ceiling imposed by RBI for RTGS, Union Bank may set specific transaction limits based on the customer's segment (Retail vs. Corporate) and the channel used (Mobile App vs. Branch). You may need to set a per-day transaction limit in your internet banking profile.