Union bank ivr number

The popularity of Unified Payments Interface (UPI) payments has made it a crucial component of digital transactions. Whether its local vendors or high street shops, everyone relies on it for swift money transfers. However, areas with limited internet connectivity, particularly rural regions, face a challenge in adopting UPI. To address this issue, Punjab National Bank (PNB) on Monday launched UPI 123PAY, an IVR-based UPI solution. This innovative solution allows users with any type of phone, even in low internet connectivity zones, to perform UPI transactions. UPI123PAY, developed by the National Payments Corporation of India (NPCI), facilitates UPI payments for feature phones, eliminating the requirement for an internet connection. Last year, the Reserve Bank of India (RBI) introduced 123PAY, a service enabling feature phone users to engage in a variety of transactions utilizing four different technological options. They include calling an IVR (interactive voice response) number, app functionality in feature phones, missed call-based approach and also proximity sound-based payments. Unified Payments Interface (UPI) is a 24*7 payment channel enabling customers to perform fast, encrypted and real-time payments. Till now, the solution was accessible only through smartphones or through Unstructured Supplementary Service data (USSD) service and was dependent on good internet connectivity.  Steps to pay using UPI 123PAY for PNB customers  Step 1-Dial the bank’s easy-to-re...

In recent years, digital banking, digital payments and fintech innovations have grown at a rapid pace in the country. Government is continuously encouraging these sectors to ensure that the benefits of digital banking reach every nook and corner of the country in a consumer-friendly manner. Money matters are complex, personal and people tend to need a human interaction in matters[Removed the and in between complex, personal.] related to banking. For the very same reason to mix human interaction with digital mode of transactions Govt. Of India and RBI came out with the novel concept of Digital Banking Units.Taking forward this agenda and to mark 75 years of our independence, Govt. Of India proposed to set up 75 Digital Banking Units (DBUs) in 75 districts of the country by scheduled Commercial Banks. RBI vide their notification RBI/2022-23/19 DOR.AUT.REC.12/22.01.001/2022-23 Dated 07.04.2022 laid out the guidelines for establishment of Digital Baking Units. In consultation with RBI, 7 districts were allotted by the IBA Working Group for establishment of DBUs to our bank. Our bank is live with 7 DBUs at the below mentioned locations. S.No DBU NAME Regional Office Zonal Office District State 1. Rajahmundry Rajahmundry Visakhapatnam East Godavari Andhra Pradesh 2. Machilipatnam Machilipatnam Vijayawada Krishna Andhra Pradesh 3. Palakkad Thrissur Mangaluru Palakkad Kerala 4. Sagar Gwalior Bhopal Bhopal Madhya Pradesh 5. Nagpur Nagpur Pune Nagpur Maharashtra 6. Agartala Guwahati...

PAN stands for Permanent Account Number, which is a unique number allotted to Indians, usually to those who pay income tax. It is used to identify various taxpayers in India. PAN, issued once, remains valid for the full lifetime of that person whom it is issued. PAN card is used as an identity proof in India and along with address proof, it ensures KYC compliance in a Bank Account. Nowadays, it is necessary to submit a copy of PAN Card for all the cash transactions which are more than Rs 50,000. Central Board of Direct Taxes (CBDT) has amended the income-tax rules on January 8, 2017 asking all banks to link the Permanent Account Number (PAN) or Form No. 60 (where PAN is not available) to all existing bank accounts by 28 February 2017, if not done already. Basic Savings Bank Deposit Accounts (BSBDA) are excluded from it. Why to Link PAN with your Union Bank Of India Account? • PAN card is mandatory for most of the high-value financial transactions • Your income tax refunds will be credited directly to your bank account, if your PAN is linked with that account • PAN card is used as a proof of identity • More TDS will be made by the bank, if your PAN card is not linked to your bank account Implications of non linking of PAN with your Union Bank Of India Account In the absence of PAN Card, TDS will be recovered at 20% (as against 10% no matter in which tax slab you fall) in case of bank fixed deposits (FD), if the interest on FD exceeds Rs 10,000 in one financial year. Union B...

GREEN PIN GREEN PIN, the green initiative & a value added service, offers an effortless and hassle free ATM PIN generation for existing as well as new debit card customers. Customers can set their ATM PIN for new debit cards instantly after receiving the debit card by visiting our Bank ATM/ Other Bank’s ATM. Customers can also make use of this functionality in case they forget their existing ATM PIN. This facility is in addition to the instant PIN regeneration functionality available through automated IVR call. Customers can easily use this service without visiting the branch/ contact the customer care and wait for the PIN mailer. The features of the Green Pin are as under: • Customer can reset their ATM PIN instantly using Green PIN solution. • Green PIN generation on ATMs for existing and new customers. • ATM PIN setup using Green PIN through own and other Bank ATMs. • Green PIN OTP can be generated only on our Bank ATMs. The OTP validation can be done in our Bank as well as other Bank ATMs. • Customer who has opted Green PIN need to validate OTP and change PIN in first use. In other Bank ATMs OTP can be used as old PIN & customer has to do mandatorily a PIN change transaction. • Green PIN OTP is only for one time usage with maximum 3 attempts. OTP will get expire after 3 wrong attempts & customer has to regenerate new OTP from our Bank’s ATM to set the new ATM PIN. • Green PIN OTP will be 4 digits to support usage on our and other Bank’s ATM network. • Secure, con...

ATM Transaction Fee. U.S. Bank will assess this fee for each ATM Transaction conducted at the Non-U.S. Bank ATM. Non-U.S. Bank ATMs are defined as any ATM that does not display the U.S. Bank logo in any manner, physically on the ATM or digitally on the screen. ATM Surcharge. Non-U.S. Bank ATM owners may apply a surcharge fee on ATM transactions at their ATMs. U.S. Bank participates in MoneyPass ®, an ATM surcharge free network. To find MoneyPass ® ATM locations, select “Show MoneyPass ® ATM Network locations” in the ® Network and are charged a surcharge fee, please contact us at 800-USBANKS (872-2657) for a refund of the surcharge fee. Please refer to the Miscellaneous Checking, Savings or Money Market Fees for a summary of ATM transaction fees. • If you have linked eligible accounts and the negative Available Balance in your checking account is $5.01 or more, the advance amount will transfer in multiples of $50. If, however, the negative Available Balance is $5 or less, the amount advanced will be $5. The Overdraft Protection Transfer Fee is waived if the negative Available Balance in your checking account is $50 or less. Note: If you have Overdraft Protection and your account becomes overdrawn, Overdraft Protection funds will be accessed before the account is eligible for U.S. Bank Overdraft Fee Forgiven. Refer to Overdraft Protection Plans for additional information. • Consumer checking accounts (excluding Safe Debit accounts) assessed an Overdraft Paid Fee may qualify ...

In recent years, digital banking, digital payments and fintech innovations have grown at a rapid pace in the country. Government is continuously encouraging these sectors to ensure that the benefits of digital banking reach every nook and corner of the country in a consumer-friendly manner. Money matters are complex, personal and people tend to need a human interaction in matters[Removed the and in between complex, personal.] related to banking. For the very same reason to mix human interaction with digital mode of transactions Govt. Of India and RBI came out with the novel concept of Digital Banking Units.Taking forward this agenda and to mark 75 years of our independence, Govt. Of India proposed to set up 75 Digital Banking Units (DBUs) in 75 districts of the country by scheduled Commercial Banks. RBI vide their notification RBI/2022-23/19 DOR.AUT.REC.12/22.01.001/2022-23 Dated 07.04.2022 laid out the guidelines for establishment of Digital Baking Units. In consultation with RBI, 7 districts were allotted by the IBA Working Group for establishment of DBUs to our bank. Our bank is live with 7 DBUs at the below mentioned locations. S.No DBU NAME Regional Office Zonal Office District State 1. Rajahmundry Rajahmundry Visakhapatnam East Godavari Andhra Pradesh 2. Machilipatnam Machilipatnam Vijayawada Krishna Andhra Pradesh 3. Palakkad Thrissur Mangaluru Palakkad Kerala 4. Sagar Gwalior Bhopal Bhopal Madhya Pradesh 5. Nagpur Nagpur Pune Nagpur Maharashtra 6. Agartala Guwahati...

The popularity of Unified Payments Interface (UPI) payments has made it a crucial component of digital transactions. Whether its local vendors or high street shops, everyone relies on it for swift money transfers. However, areas with limited internet connectivity, particularly rural regions, face a challenge in adopting UPI. To address this issue, Punjab National Bank (PNB) on Monday launched UPI 123PAY, an IVR-based UPI solution. This innovative solution allows users with any type of phone, even in low internet connectivity zones, to perform UPI transactions. UPI123PAY, developed by the National Payments Corporation of India (NPCI), facilitates UPI payments for feature phones, eliminating the requirement for an internet connection. Last year, the Reserve Bank of India (RBI) introduced 123PAY, a service enabling feature phone users to engage in a variety of transactions utilizing four different technological options. They include calling an IVR (interactive voice response) number, app functionality in feature phones, missed call-based approach and also proximity sound-based payments. Unified Payments Interface (UPI) is a 24*7 payment channel enabling customers to perform fast, encrypted and real-time payments. Till now, the solution was accessible only through smartphones or through Unstructured Supplementary Service data (USSD) service and was dependent on good internet connectivity.  Steps to pay using UPI 123PAY for PNB customers  Step 1-Dial the bank’s easy-to-re...

PAN stands for Permanent Account Number, which is a unique number allotted to Indians, usually to those who pay income tax. It is used to identify various taxpayers in India. PAN, issued once, remains valid for the full lifetime of that person whom it is issued. PAN card is used as an identity proof in India and along with address proof, it ensures KYC compliance in a Bank Account. Nowadays, it is necessary to submit a copy of PAN Card for all the cash transactions which are more than Rs 50,000. Central Board of Direct Taxes (CBDT) has amended the income-tax rules on January 8, 2017 asking all banks to link the Permanent Account Number (PAN) or Form No. 60 (where PAN is not available) to all existing bank accounts by 28 February 2017, if not done already. Basic Savings Bank Deposit Accounts (BSBDA) are excluded from it. Why to Link PAN with your Union Bank Of India Account? • PAN card is mandatory for most of the high-value financial transactions • Your income tax refunds will be credited directly to your bank account, if your PAN is linked with that account • PAN card is used as a proof of identity • More TDS will be made by the bank, if your PAN card is not linked to your bank account Implications of non linking of PAN with your Union Bank Of India Account In the absence of PAN Card, TDS will be recovered at 20% (as against 10% no matter in which tax slab you fall) in case of bank fixed deposits (FD), if the interest on FD exceeds Rs 10,000 in one financial year. Union B...

GREEN PIN GREEN PIN, the green initiative & a value added service, offers an effortless and hassle free ATM PIN generation for existing as well as new debit card customers. Customers can set their ATM PIN for new debit cards instantly after receiving the debit card by visiting our Bank ATM/ Other Bank’s ATM. Customers can also make use of this functionality in case they forget their existing ATM PIN. This facility is in addition to the instant PIN regeneration functionality available through automated IVR call. Customers can easily use this service without visiting the branch/ contact the customer care and wait for the PIN mailer. The features of the Green Pin are as under: • Customer can reset their ATM PIN instantly using Green PIN solution. • Green PIN generation on ATMs for existing and new customers. • ATM PIN setup using Green PIN through own and other Bank ATMs. • Green PIN OTP can be generated only on our Bank ATMs. The OTP validation can be done in our Bank as well as other Bank ATMs. • Customer who has opted Green PIN need to validate OTP and change PIN in first use. In other Bank ATMs OTP can be used as old PIN & customer has to do mandatorily a PIN change transaction. • Green PIN OTP is only for one time usage with maximum 3 attempts. OTP will get expire after 3 wrong attempts & customer has to regenerate new OTP from our Bank’s ATM to set the new ATM PIN. • Green PIN OTP will be 4 digits to support usage on our and other Bank’s ATM network. • Secure, con...

ATM Transaction Fee. U.S. Bank will assess this fee for each ATM Transaction conducted at the Non-U.S. Bank ATM. Non-U.S. Bank ATMs are defined as any ATM that does not display the U.S. Bank logo in any manner, physically on the ATM or digitally on the screen. ATM Surcharge. Non-U.S. Bank ATM owners may apply a surcharge fee on ATM transactions at their ATMs. U.S. Bank participates in MoneyPass ®, an ATM surcharge free network. To find MoneyPass ® ATM locations, select “Show MoneyPass ® ATM Network locations” in the ® Network and are charged a surcharge fee, please contact us at 800-USBANKS (872-2657) for a refund of the surcharge fee. Please refer to the Miscellaneous Checking, Savings or Money Market Fees for a summary of ATM transaction fees. • If you have linked eligible accounts and the negative Available Balance in your checking account is $5.01 or more, the advance amount will transfer in multiples of $50. If, however, the negative Available Balance is $5 or less, the amount advanced will be $5. The Overdraft Protection Transfer Fee is waived if the negative Available Balance in your checking account is $50 or less. Note: If you have Overdraft Protection and your account becomes overdrawn, Overdraft Protection funds will be accessed before the account is eligible for U.S. Bank Overdraft Fee Forgiven. Refer to Overdraft Protection Plans for additional information. • Consumer checking accounts (excluding Safe Debit accounts) assessed an Overdraft Paid Fee may qualify ...