For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Union Bank Of India for its Service Branch Bareli branch in Bareilly, Bareilly, Uttar Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Union Bank Of India located in Bareilly or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code UBIN0553387. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Union Bank Of India, Service Branch Bareli, Bareilly
Here are the main details that are associated with the IFSC Code UBIN0553387 of Union Bank Of India for its branch located in Bareilly, within the district of Bareilly in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0553387 |
| Branch | Service Branch Bareli |
| City | Bareilly |
| District | Bareilly |
| State | Uttar Pradesh |
| Address | Bareilly Service Branch Gagandeep Complex 148 Civil Lines Badaun Road Po Head Bareilly Uttar Pradesh 243001 |
These details help users in online banking and for businesses and individuals who use Union Bank Of India in Bareilly for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0553387 for the Service Branch Bareli branch of Union Bank Of India has a very 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 Service Branch Bareli, Bareilly, Uttar Pradesh, is provided a unique IFSC like UBIN0553387 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 Bareilly.
- 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 Bareilly and Bareilly.
- 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 Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Union Bank Of India in Service Branch Bareli do not get misguided to another person.
Format of the IFSC Code UBIN0553387
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 Service Branch Bareli in Bareilly.
For example, the IFSC Code UBIN0553387 of Union Bank Of India for the Service Branch Bareli branch includes these elements, identifying the bank and the branch location in Bareilly and Uttar Pradesh accurately.
How to Find IFSC Code for Union Bank Of India?
If you are trying to find the IFSC Code UBIN0553387 of Union Bank Of India for its Service Branch Bareli branch located in Bareilly, 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 Bareilly and Bareilly, 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 Service Branch Bareli or Bareilly to get the exact IFSC Code UBIN0553387.
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 Bareilly, you'll get the correct details.
How to Use IFSC Code UBIN0553387 for Online Transfers?
Once you have the IFSC Code UBIN0553387 for the Service Branch Bareli branch of Union Bank Of India in Bareilly, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0553387. 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 UBIN0553387.
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 Service Branch Bareli in Bareilly may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Union Bank Of India in Service Branch Bareli, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Union Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Bareilly manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0553387.
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 Bareilly Service Branch Gagandeep Complex 148 Civil Lines Badaun Road Po Head Bareilly Uttar Pradesh 243001 located in Bareilly, Bareilly, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.