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 Baran ┬Á branch in Baran, Baran ┬Á, Rajasthan, 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 Baran or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code UBIN0550159. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Union Bank Of India, Baran ┬Á, Baran
Here are some of the key details that come with the IFSC Code UBIN0550159 of Union Bank Of India for its branch located in Baran, within the district of Baran ┬Á in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0550159 |
| Branch | Baran ┬Á |
| City | Baran |
| District | Baran ┬Á |
| State | Rajasthan |
| Address | Hospital Road, Baran,Dist.Baran, Rajasthan, Pin - 325 205. |
These details are essential not only for online banking users but also for businesses and individuals who use Union Bank Of India in Baran for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0550159 for the Baran ┬Á branch of Union Bank Of India plays an important 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 Baran ┬Á, Baran, Rajasthan, are allotted a unique IFSC like UBIN0550159 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Baran.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Baran and Baran ┬Á.
- 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 Baran ┬Á reaches the right place, even though there are thousands of branches in Rajasthan and across India.
Format of the IFSC Code UBIN0550159
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 Baran ┬Á in Baran.
For example, the IFSC Code UBIN0550159 of Union Bank Of India for the Baran ┬Á branch includes these elements, identifying the bank and the branch location in Baran and Rajasthan accurately.
How to Find IFSC Code for Union Bank Of India?
To find the IFSC Code UBIN0550159 of Union Bank Of India for its Baran ┬Á branch located in Baran, 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 Baran and Baran ┬Á, 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 Baran ┬Á or Baran to find the exact IFSC Code UBIN0550159.
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 Baran will provide accurate information.
How to Use IFSC Code UBIN0550159 for Online Transfers?
Once you have the IFSC Code UBIN0550159 for the Baran ┬Á branch of Union Bank Of India in Baran, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UBIN0550159. 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 UBIN0550159.
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 Baran ┬Á in Baran, 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 Baran ┬Á, 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 Baran manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Baran ┬Á Baran branch is UBIN0550159.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Hospital Road, Baran,Dist.Baran, Rajasthan, Pin - 325 205..
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.