IFSC Code of Union Bank Of India, Turanaga, Angul, Odisha — UBIN0566519

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 Turanaga branch in Angul, Angul, Odisha, 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 Angul or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UBIN0566519. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Union Bank Of India, Turanaga, Angul

Here are some of the key details that come with the IFSC Code UBIN0566519 of Union Bank Of India for its branch located in Angul, within the district of Angul in the state of Odisha.

These details are crucial, not just for online banking users but also for businesses and individuals who use Union Bank Of India in Angul for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0566519 for the Turanaga 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 that is provided by the Reserve Bank of India. A unique IFSC like UBIN0566519 is given to every bank branch, including Union Bank Of India located in Turanaga, Angul, Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Union Bank Of India branch in Angul.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Angul and Angul.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Union Bank Of India in Turanaga doesn't end up at another location.

Format of the IFSC Code UBIN0566519

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): These represent the bank code. In Union Bank Of India, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Turanaga in Angul.

For example, the IFSC Code UBIN0566519 of Union Bank Of India for the Turanaga branch has these elements, identifying the bank and the branch location in Angul and Odisha correctly.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0566519 of Union Bank Of India for its Turanaga branch located in Angul, 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 Angul and Angul, 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 Turanaga or Angul to get the exact IFSC Code UBIN0566519.

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 Angul, you'll get the correct details.

How to Use IFSC Code UBIN0566519 for Online Transfers?

Once you have the IFSC Code UBIN0566519 for the Turanaga branch of Union Bank Of India in Angul, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0566519. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 UBIN0566519.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Union Bank Of India Turanaga in Angul, your payment can get delayed or might not go through at all.

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 Turanaga, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Angul manage online transfers as well as cheque clearances with ease.