UCO Bank RTGS Form

[nikhilchauhan]

UCO Bank is a public-sector bank with over 3200 branches in India.

Mainly there are 3 ways in which you can make electronic payments with UCO Bank - RTGS, NEFT, and IMPS. Before moving forward, it's important to understand the differences between the 3 modes;

Type of Transfer	NEFT	IMPS	RTGS
Speed of settlement	Real-Time	Real-Time	Real-Time
Maximum Transfer Value	NIL	Rs.5,00,000	NIL
Minimum Transfer Value	NIL	No Limit	Rs. 2,00,000
Charges	Rs.2.95 (Up to Rs.10,000) Rs.5.90 (10,000-1,00,000) Rs.17.70 (1,00,000-2,00,000) Rs.29.50 (Above Rs.2,00,000) [No charges on net banking for up to Rs.50,000]	Rs.3 (Up to Rs.10,000) Rs.6 (10,000-1,00,000) Rs.17 (1,00,000-2,00,000)	Rs.29.5-35.40 (2,00,000-5,00,000) Rs.59-64.90 (5,00,000 and above)
Timing	24x7, 365 Days	24x7, 365 Days	24x7, 365 Days

RTGS/NEFT/IMPS Transfer with UCO Bank:

There are two ways to initiate an RTGS / NEFT/ IMPS transfer with UCO Bank:

1. Offline submission /In Branch Request (FOR RTGS/NEFT)
2. Mobile Banking (FOR RTGS /NEFT /IMPS).

OFFLINE SUBMISSION /IN-BRANCH REQUEST

Step 1: Download and Complete the Form

• Download the attached NEFT/RTGS form (in PDF format). This same form will be provided to you if you choose to initiate the transfer through an in-branch request. We have attached a copy of the same form to this post for your ease.
• Print a clear copy of the downloaded form.
• Fill out the form completely and accurately. How to fill up the form is mentioned below

How to Fill up the Form? (Remember to fill the form in Black Ink and CAPITAL LETTERS)

• Start by writing your branch name and date.
• Now, write your name and address, account number and type of account.
• Similarly write the beneficiary name and address, bank, branch, city, state, IFSC, account number, and account type.
• Write the amount to be transferred in both figures and words including bank charges.
• Enter the cheque number and recheck every detail once.
• Once you’re done with everything sign the form.

Step 2: Submit the Form at Your Branch

• Visit your nearest UCO Bank branch.
• Submit the completed NEFT/RTGS form along with any required identification documents to a bank teller or customer service representative.
• Once your request is processed, the funds will be transferred to the beneficiary's account.

Mobile Banking (UCO Bank Mobile App)

• Open the UCO mBanking app and log in.
• On the home page, click on the fund transfer option.
• Under the within/other bank transfer click on quick transfer.
• Select the account you want to transfer funds from.
• Then, enter the beneficiary account number(reconfirm), IFSC code, and amount and click on proceed.
• Enter the OTP and 4-digit TPin to confirm.
• Your transaction will be completed.

Conclusion - When to use what?

• For urgent, high-value transfers: Use RTGS if speed is critical and the amount is substantial. Be aware of minimum transfer limits and potential fees.
• For routine transfers and bill payments: NEFT is a convenient and cost-effective option for transfers within India, although it's not real-time.
• For small, urgent transfers: IMPS is ideal for immediate transfers of smaller amounts, even on holidays. Be mindful of potential maximum limits and fees.