Union Bank of India simplifies Form 15G & H submission

New Delhi: State-owned Union Bank of India on Friday said that it has simplified Form 15G and 15H submission in association with Reserve Bank Innovation Hub by enabling online submission through the bank's WhatsApp channel, Union Virtual Connect (UVConn). Form 15 G and H are self-declaration forms used to claim exemption from TDS by individuals aged below 60 years and above 60 years, respectively.

UVConn helps customers of Union Bank of India to avail banking services in 7 languages

Union Bank of India customers can avail banking services in 7 different languages through UVConn by sending Hi' through WhatsApp on the Bank's number 09666606060' from their registered mobile number with the bank, the state-owned lender said in a statement. The bank has previously collaborated with Reserve Bank Innovation Hub (RBiH) to launch the digitisation of the Kisan Credit Card.

Bank & RBiH have launched Hassle Free Submission of Form 15G & H via UVConn

"Taking this journey forward, Bank and RBiH have now launched 'Hassle Free Submission of Form 15G & H' through the Bank's WhatsApp channel Union Virtual Connect (UVConn)," said Nitesh Ranjan, Executive Director of the Bank.

Rajesh Bansal, CEO of RBiH, said that senior citizens form a very significant part of our population, and this initiative aims to simplify a usually complex 15 G & H forms submissions through communication channels they are already accustomed to. This means adoption of the solution becomes easier and the submission process is simplified - both for the bank and the citizen, he added.

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