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IFSC Code of Union Bank Of India, Magadi, Magadi, Karnataka — UBIN0911941

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 Magadi branch in Bangalore Rural, Magadi, 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 Bangalore Rural or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code UBIN0911941. 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, Magadi, Bangalore Rural

Here are some of the key details that come with the IFSC Code UBIN0911941 of Union Bank Of India for its branch located in Bangalore Rural, within the district of Magadi in the state of Karnataka.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0911941
Branch Magadi
City Bangalore Rural
District Magadi
State Karnataka
Address 999933, Patel Subbaiah Road, Magadi Town, Ramanagara District, Pin 562120, Karnataka

These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Bangalore Rural for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0911941 for the Magadi 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 Magadi, Bangalore Rural, Karnataka, are allotted a unique IFSC like UBIN0911941 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bangalore Rural.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Bangalore Rural and Magadi.
  • 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 Magadi reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code UBIN0911941

The format of the IFSC Code for banks, including Union Bank Of India, has 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 Magadi in Bangalore Rural.

For example, the IFSC Code UBIN0911941 of Union Bank Of India for the Magadi branch includes these elements, identifying the bank and the branch location in Bangalore Rural and Karnataka correctly.

How to Find IFSC Code for Union Bank Of India?

If you are looking for the IFSC Code UBIN0911941 of Union Bank Of India for its Magadi branch located in Bangalore Rural, the following methods can help:

Cheque Book

The cheque book that is issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Union Bank Of India branches in Bangalore Rural and Magadi, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Union Bank Of India and look for the branch locator section, then search for Magadi or Bangalore Rural to get the exact IFSC Code UBIN0911941.

Mobile Banking App

If you use Union Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Union Bank Of India and Bangalore Rural, then it will provide you proper information.

How to Use IFSC Code UBIN0911941 for Online Transfers?

Once you have the IFSC Code UBIN0911941 for the Magadi branch of Union Bank Of India in Bangalore Rural, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0911941. 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 UBIN0911941.

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 Magadi in Bangalore Rural, 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 Magadi, 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 Bangalore Rural manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India Magadi Bangalore Rural?

The IFSC Code of the Magadi Bangalore Rural branch is UBIN0911941.

Is IFSC Code UBIN0911941 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 Magadi branch?

The branch is located at 999933, Patel Subbaiah Road, Magadi Town, Ramanagara District, Pin 562120, Karnataka.

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.

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