The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Union Bank Of India for its Achalpur branch in Amravati, Achalpur(Camp), Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Union Bank Of India located in Amravati or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UBIN0539929. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Union Bank Of India, Achalpur, Amravati

Below in the table are the key details related to IFSC Code UBIN0539929 of Union Bank Of India for its branch located in Amravati, within the district of Achalpur(Camp) in the state of Maharashtra.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0539929
Branch Achalpur
City Amravati
District Achalpur(Camp)
State Maharashtra
Address Ganga Chambers Main Roadparatwada

These details help users in online banking and for businesses and individuals who use Union Bank Of India in Amravati for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0539929 for the Achalpur branch of Union Bank Of India has a very 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 Achalpur, Amravati, Maharashtra, is provided a unique IFSC like UBIN0539929 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 Amravati.
  • 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 Amravati and Achalpur(Camp).
  • 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 Achalpur do not get misguided to another person.

Format of the IFSC Code UBIN0539929

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 Achalpur in Amravati.

For example, the IFSC Code UBIN0539929 of Union Bank Of India for the Achalpur branch includes these elements, identifying the bank and the branch location in Amravati and Maharashtra accurately.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0539929 of Union Bank Of India for its Achalpur branch located in Amravati, the following methods can help:

Cheque Book

The cheque book issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Union Bank Of India branches in Amravati and Achalpur(Camp), print them on the first page of your passbook.

Bank Website

Visit the official website of Union Bank Of India and navigate to the branch locator section. Search for Achalpur or Amravati to get the exact IFSC Code UBIN0539929.

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 keeps an updated list of all IFSC codes. If you search for Union Bank Of India and Amravati, you'll get the correct details.

How to Use IFSC Code UBIN0539929 for Online Transfers?

Once you have the IFSC Code UBIN0539929 for the Achalpur branch of Union Bank Of India in Amravati, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0539929. 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 UBIN0539929.

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 Achalpur in Amravati may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Union Bank Of India in Achalpur, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Amravati manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India Achalpur Amravati?

The IFSC Code of the Achalpur Amravati branch is UBIN0539929.

Is IFSC Code UBIN0539929 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Union Bank Of India Achalpur branch?

The branch is located at Ganga Chambers Main Roadparatwada.

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.