For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Union Bank Of India for its Baradgaon Sudrik branch in Ahmednagar, Ahmednagar, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Union Bank Of India located in Ahmednagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UBIN0572292. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Union Bank Of India, Baradgaon Sudrik, Ahmednagar
Here are the main details that are associated with the IFSC Code UBIN0572292 of Union Bank Of India for its branch located in Ahmednagar, within the district of Ahmednagar in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0572292 |
| Branch | Baradgaon Sudrik |
| City | Ahmednagar |
| District | Ahmednagar |
| State | Maharashtra |
| Address | Ambika Nagar Ambalika Baradgaon Sudrik Ahmednagar Maharashtra Pincode 414403 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Union Bank Of India in Ahmednagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0572292 for the Baradgaon Sudrik 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Union Bank Of India located in Baradgaon Sudrik, Ahmednagar, Maharashtra, is provided a unique IFSC like UBIN0572292 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Union Bank Of India branch in Ahmednagar.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Ahmednagar and Ahmednagar.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Union Bank Of India in Baradgaon Sudrik do not get misguided to another person.
Format of the IFSC Code UBIN0572292
The format of the IFSC Code for banks, including Union Bank Of India, follows 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 Baradgaon Sudrik in Ahmednagar.
For example, the IFSC Code UBIN0572292 of Union Bank Of India for the Baradgaon Sudrik branch includes these elements, identifying the bank and the branch location in Ahmednagar and Maharashtra accurately.
How to Find IFSC Code for Union Bank Of India?
If you are trying to find the IFSC Code UBIN0572292 of Union Bank Of India for its Baradgaon Sudrik branch located in Ahmednagar, 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 Ahmednagar and Ahmednagar, 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 Baradgaon Sudrik or Ahmednagar to get the exact IFSC Code UBIN0572292.
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 Ahmednagar that will provide accurate information.
How to Use IFSC Code UBIN0572292 for Online Transfers?
Once you have the IFSC Code UBIN0572292 for the Baradgaon Sudrik branch of Union Bank Of India in Ahmednagar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0572292. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Union Bank Of India IFSC Code UBIN0572292.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Union Bank Of India Baradgaon Sudrik in Ahmednagar may 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 Baradgaon Sudrik, 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 Ahmednagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Baradgaon Sudrik Ahmednagar branch is UBIN0572292.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ambika Nagar Ambalika Baradgaon Sudrik Ahmednagar Maharashtra Pincode 414403.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.