United Bank of India

हिन्दी

Skip to : Navigation | Main Content

Retail Banking

Corporate Banking

International Banking

Home » neft

What's New

Reporting of POs in Different Regions - 10 Jun 2013

United Bank - Analyst Meet Presentation -FY 2012-13

Know More..

News Room

Press Releases

Registration for Newsletters

NEFT/RTGS

The acronym 'RTGS' stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds transfers Individually on an order by order basis (without netting Considering that the funds settlement takes place in the books of the Reserve Bank of India, the payments are final and irrevocable.

National Electronic Funds Transfer (NEFT) is a nation-wide system that facilitates individuals, firms and corporate to electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country. Eligibility The customers of any branch of Bank having savings or current account are eligible to avail NEFT/ RTGS Service.

Timings and Fund Transfer Limit

Inter Bank (RTGS/ NEFT) transaction timings
	Time From	Time To	Minimum Amount (INR)	Maximum Amount(INR)
Weekdays	0900 Hrs	1900 Hrs (NEFT) 1630 Hrs (RTGS)	1 (NEFT) 200000(RTGS)	No Upper Limit for account holders
Saturday	0900 Hrs	1300 Hrs (NEFT) 1330 Hrs (RTGS)	1 (NEFT) 200000(RTGS)	No Upper Limit for account holders

Note:

Nil NEFT Charges for remittance of amount upto Rs 1.00 lac.
Walk-in customer can avail NEFT facility by deposit of cash upto a limit of Rs. 50000/-.

NEFT Cell Customer Facilitation Centre.

Inter Bank (RTGS/ NEFT) transaction timings
Name of the Bank	Contact Details(Telephone no.)	e-mail ID
United Bank of India	033-22489792	neftsc@unitedbank.co.in rtgsneft@unitedbank.co.in hoibr@unitedbank.co.in