Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Union Bank Of India for its Rahuri branch in Ahmadnagar, Rahuri, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Union Bank Of India located in Ahmadnagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UBIN0915572. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Union Bank Of India, Rahuri, Ahmadnagar

Here are the main details that are associated with the IFSC Code UBIN0915572 of Union Bank Of India for its branch located in Ahmadnagar, within the district of Rahuri in the state of Maharashtra.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0915572
Branch Rahuri
City Ahmadnagar
District Rahuri
State Maharashtra
Address Ground Floor, Near Bus Stand, Nagarshirdi Highway, Rahuri, Ahmednagar District413705

These details are crucial, not just for online banking users but also for businesses and individuals who use Union Bank Of India in Ahmadnagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0915572 for the Rahuri branch of Union Bank Of India has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Union Bank Of India located in Rahuri, Ahmadnagar, Maharashtra, is provided with a unique IFSC like UBIN0915572 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Union Bank Of India branch in Ahmadnagar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Ahmadnagar and Rahuri.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Union Bank Of India in Rahuri do not get mixed with another location.

Format of the IFSC Code UBIN0915572

The format of the IFSC Code for banks, including Union Bank Of India, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Union Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Rahuri in Ahmadnagar.

For example, the IFSC Code UBIN0915572 of Union Bank Of India for the Rahuri branch includes these elements, identifying the bank and the branch location in Ahmadnagar and Maharashtra correctly.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0915572 of Union Bank Of India for its Rahuri branch located in Ahmadnagar, the following methods can help:

Cheque Book

The cheque books that are issued by Union Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Union Bank Of India branches in Ahmadnagar and Rahuri, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Union Bank Of India and find the branch locator section. Search for Rahuri or Ahmadnagar to get the exact IFSC Code UBIN0915572.

Mobile Banking App

If you use Union Bank Of India's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Union Bank Of India and Ahmadnagar that will provide accurate information.

How to Use IFSC Code UBIN0915572 for Online Transfers?

Once you have the IFSC Code UBIN0915572 for the Rahuri branch of Union Bank Of India in Ahmadnagar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0915572. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Union Bank Of India IFSC Code UBIN0915572.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Union Bank Of India Rahuri in Ahmadnagar, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Union Bank Of India in Rahuri, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Union Bank Of India website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Ahmadnagar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India in Rahuri, Ahmadnagar?

The IFSC Code is UBIN0915572.

Is the IFSC Code UBIN0915572 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Union Bank Of India Rahuri?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Rahuri branch?

The address of the branch is Ground Floor, Near Bus Stand, Nagarshirdi Highway, Rahuri, Ahmednagar District413705 located in Ahmadnagar, Rahuri, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.