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 Jaleswar branch in Balasore Jaleswar, Jaleswar, Odisha, 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 Balasore Jaleswar or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UBIN0570656. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Union Bank Of India, Jaleswar, Balasore Jaleswar
Here are the main details that are associated with the IFSC Code UBIN0570656 of Union Bank Of India for its branch located in Balasore Jaleswar, within the district of Jaleswar in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0570656 |
| Branch | Jaleswar |
| City | Balasore Jaleswar |
| District | Jaleswar |
| State | Odisha |
| Address | Badabazar Jaleswar Dist Balasore Jaleswar Orissa Pincode 756032 |
These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Balasore Jaleswar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0570656 for the Jaleswar 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 Jaleswar, Balasore Jaleswar, Odisha, are given a unique IFSC like UBIN0570656 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Balasore Jaleswar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Balasore Jaleswar and Jaleswar.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Union Bank Of India in Jaleswar goes to the correct branch. This is important because Union Bank Of India has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UBIN0570656
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 Jaleswar in Balasore Jaleswar.
For example, the IFSC Code UBIN0570656 of Union Bank Of India for the Jaleswar branch includes these elements, identifying the bank and the branch location in Balasore Jaleswar and Odisha accurately.
How to Find IFSC Code for Union Bank Of India?
If you are trying to find the IFSC Code UBIN0570656 of Union Bank Of India for its Jaleswar branch located in Balasore Jaleswar, 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 Balasore Jaleswar and Jaleswar, 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 Jaleswar or Balasore Jaleswar to get the exact IFSC Code UBIN0570656.
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 Balasore Jaleswar, you'll get the correct details.
How to Use IFSC Code UBIN0570656 for Online Transfers?
Once you have the IFSC Code UBIN0570656 for the Jaleswar branch of Union Bank Of India in Balasore Jaleswar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0570656. 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 UBIN0570656.
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 Jaleswar in Balasore Jaleswar 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 Jaleswar, 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 Balasore Jaleswar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0570656.
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 Badabazar Jaleswar Dist Balasore Jaleswar Orissa Pincode 756032 located in Balasore Jaleswar, Jaleswar, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.