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 Arb Chhatrapati Sambhajinagar branch in Aurangabad, Aurangabad, 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 Aurangabad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UBIN0579327. 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, Arb Chhatrapati Sambhajinagar, Aurangabad
Below in the table are the key details related to IFSC Code UBIN0579327 of Union Bank Of India for its branch located in Aurangabad, within the district of Aurangabad in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0579327 |
| Branch | Arb Chhatrapati Sambhajinagar |
| City | Aurangabad |
| District | Aurangabad |
| State | Maharashtra |
| Address | Asset Recovery Branch,Plot No.03,First Floor,Sahakar Bank Colony,Shahnoorwadi,Darga Road,Chhatrapati Sambhajinagar(Aurangabad)-431005 |
These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Aurangabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0579327 for the Arb Chhatrapati Sambhajinagar branch of Union Bank Of India plays a vital 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, along with Union Bank Of India located in Arb Chhatrapati Sambhajinagar, Aurangabad, Maharashtra, are allotted a unique IFSC like UBIN0579327 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Aurangabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Aurangabad and Aurangabad.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Union Bank Of India in Arb Chhatrapati Sambhajinagar reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code UBIN0579327
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 Arb Chhatrapati Sambhajinagar in Aurangabad.
For example, the IFSC Code UBIN0579327 of Union Bank Of India for the Arb Chhatrapati Sambhajinagar branch includes these elements, identifying the bank and the branch location in Aurangabad and Maharashtra accurately.
How to Find IFSC Code for Union Bank Of India?
To find the IFSC Code UBIN0579327 of Union Bank Of India for its Arb Chhatrapati Sambhajinagar branch located in Aurangabad, 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 Aurangabad and Aurangabad, 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 Arb Chhatrapati Sambhajinagar or Aurangabad to find the exact IFSC Code UBIN0579327.
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 Aurangabad will provide accurate information.
How to Use IFSC Code UBIN0579327 for Online Transfers?
Once you have the IFSC Code UBIN0579327 for the Arb Chhatrapati Sambhajinagar branch of Union Bank Of India in Aurangabad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0579327. 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 UBIN0579327.
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 Arb Chhatrapati Sambhajinagar in Aurangabad, 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 Arb Chhatrapati Sambhajinagar, 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 Aurangabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0579327.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Asset Recovery Branch,Plot No.03,First Floor,Sahakar Bank Colony,Shahnoorwadi,Darga Road,Chhatrapati Sambhajinagar(Aurangabad)-431005 located in Aurangabad, Aurangabad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.