Bank charges are subject to change. Always verify with Union Bank’s latest fee schedule or call 1800 208 2244 (toll-free).

| Transaction Amount | Bank Charges | + GST (18%) | | |-------------------|--------------|-------------|------------| | ₹2 lakh to ₹5 lakh | ₹25 | ₹4.50 | ₹29.50 | | Above ₹5 lakh | ₹50 | ₹9.00 | ₹59.00 |

If you need to transfer ₹2 lakh or more instantly, RTGS (Real Time Gross Settlement) is your best friend. Unlike NEFT (which settles in batches), RTGS processes transactions one-by-one in real time—meaning the money hits the beneficiary’s account within 30 minutes.

But what does Union Bank charge for this convenience? Let’s break down the latest fees, limits, and hidden tips to save money. Note: RBI mandates that savings account customers get free RTGS for online transactions (net banking/mobile app). However, branch transactions still carry a fee. 1. Online RTGS (Net Banking / Mobile Banking) | Transaction Amount | Charges (incl. GST) | |-------------------|----------------------| | ₹2 lakh to ₹5 lakh | NIL | | Above ₹5 lakh | NIL |