IFSC Code of Union Bank Of India, Lokapur, Lokapur, Karnataka — UBIN0917265

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 Lokapur branch in Bagalkote, Lokapur, Karnataka, 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 Bagalkote or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code UBIN0917265. 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, Lokapur, Bagalkote

Here are the main details that are associated with the IFSC Code UBIN0917265 of Union Bank Of India for its branch located in Bagalkote, within the district of Lokapur in the state of Karnataka.

These details are crucial, not just for online banking users but also for businesses and individuals who use Union Bank Of India in Bagalkote for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0917265 for the Lokapur 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 Lokapur, Bagalkote, Karnataka, is provided a unique IFSC like UBIN0917265 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 Bagalkote.
• 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 Bagalkote and Lokapur.
• 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 Karnataka and the rest of India, the IFSC Code ensures that transactions meant for Union Bank Of India in Lokapur do not get misguided to another person.

Format of the IFSC Code UBIN0917265

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 Lokapur in Bagalkote.

For example, the IFSC Code UBIN0917265 of Union Bank Of India for the Lokapur branch includes these elements, identifying the bank and the branch location in Bagalkote and Karnataka accurately.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0917265 of Union Bank Of India for its Lokapur branch located in Bagalkote, 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 Bagalkote and Lokapur, 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 Lokapur or Bagalkote to get the exact IFSC Code UBIN0917265.

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 Bagalkote that will provide accurate information.

How to Use IFSC Code UBIN0917265 for Online Transfers?

Once you have the IFSC Code UBIN0917265 for the Lokapur branch of Union Bank Of India in Bagalkote, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0917265. The transfer is completed in batches instead of instantly. It is useful for both 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 UBIN0917265.

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 Lokapur in Bagalkote, your payment can get delayed or might not go through at all.

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 Lokapur, 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 Bagalkote manage their online transfers and cheque clearances easily.