There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Union Bank Of India for its Nimbgaon Gangarda branch in Ahmednagar, Nimbgaon Gangarda, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Union Bank Of India situated in Ahmednagar or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code UBIN0544591. You should 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, Nimbgaon Gangarda, Ahmednagar
Here are some of the key details that come with the IFSC Code UBIN0544591 of Union Bank Of India for its branch located in Ahmednagar, within the district of Nimbgaon Gangarda in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0544591 |
| Branch | Nimbgaon Gangarda |
| City | Ahmednagar |
| District | Nimbgaon Gangarda |
| State | Maharashtra |
| Address | At & Post Nimbgaon - Gangurda, Taluka Karjat, Dist. Ahmednagar, Pin - 414 401 |
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 UBIN0544591 for the Nimbgaon Gangarda 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 Nimbgaon Gangarda, Ahmednagar, Maharashtra, is provided a unique IFSC like UBIN0544591 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 Nimbgaon Gangarda.
- 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 Nimbgaon Gangarda do not get misguided to another person.
Format of the IFSC Code UBIN0544591
This is the format of the IFSC Code for banks, including Union Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Union Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Nimbgaon Gangarda in Ahmednagar.
For example, the IFSC Code UBIN0544591 of Union Bank Of India for the Nimbgaon Gangarda 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?
To find the IFSC Code UBIN0544591 of Union Bank Of India for its Nimbgaon Gangarda branch located in Ahmednagar, the following methods can help you out:
Cheque Book
The cheque book issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Union Bank Of India branches in Ahmednagar and Nimbgaon Gangarda, 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 go to the branch locator section. Then search for Nimbgaon Gangarda or Ahmednagar to find the exact IFSC Code UBIN0544591.
Mobile Banking App
If you use Union Bank Of India's mobile app, you can 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. Searching for Union Bank Of India and Ahmednagar will provide accurate information.
How to Use IFSC Code UBIN0544591 for Online Transfers?
If you have the IFSC Code UBIN0544591 for the Nimbgaon Gangarda branch of Union Bank Of India in Ahmednagar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0544591. Transfers are processed in batches. 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. Asks for the recipient's account details and Union Bank Of India IFSC Code UBIN0544591.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Union Bank Of India Nimbgaon Gangarda in Ahmednagar, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Union Bank Of India in Nimbgaon Gangarda, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Union Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Ahmednagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0544591.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is At & Post Nimbgaon - Gangurda, Taluka Karjat, Dist. Ahmednagar, Pin - 414 401 located in Ahmednagar, Nimbgaon Gangarda, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.