Union Bank Of India Rtgs Form May 2026

The bank fills this part. However, you should be aware that:

TDS (Tax Deducted at Source): If you are paying interest, rent, or professional fees, you may need to deduct TDS. Mention the TDS amount if applicable.

Common reasons: Insufficient balance (including charges), signature mismatch, incorrect beneficiary account number, or the beneficiary’s bank rejecting the credit (e.g., dormant account). union bank of india rtgs form

If paying by Cash:

Authorization Signature: Sign the bottom of the form in the designated area. This signature must match your bank records.