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 Startup Branch Kormangala Bengaluru branch in Bengaluru, Bengaluru, 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 Bengaluru or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code UBIN0579297. 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, Startup Branch Kormangala Bengaluru, Bengaluru
Here are some of the key details that come with the IFSC Code UBIN0579297 of Union Bank Of India for its branch located in Bengaluru, within the district of Bengaluru in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0579297 |
| Branch | Startup Branch Kormangala Bengaluru |
| City | Bengaluru |
| District | Bengaluru |
| State | Karnataka |
| Address | No 662,80 Feet Road,Koramangala, Bengaluru |
These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Bengaluru for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0579297 for the Startup Branch Kormangala Bengaluru 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 that is provided by the Reserve Bank of India. A unique IFSC like UBIN0579297 is given to every bank branch, including Union Bank Of India located in Startup Branch Kormangala Bengaluru, Bengaluru, Karnataka, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Union Bank Of India branch in Bengaluru.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Bengaluru and Bengaluru.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Union Bank Of India in Startup Branch Kormangala Bengaluru doesn't end up at another location.
Format of the IFSC Code UBIN0579297
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 Startup Branch Kormangala Bengaluru in Bengaluru.
For example, the IFSC Code UBIN0579297 of Union Bank Of India for the Startup Branch Kormangala Bengaluru branch includes these elements, identifying the bank and the branch location in Bengaluru and Karnataka accurately.
How to Find IFSC Code for Union Bank Of India?
If you are looking for the IFSC Code UBIN0579297 of Union Bank Of India for its Startup Branch Kormangala Bengaluru branch located in Bengaluru, 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 Bengaluru and Bengaluru, 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 Startup Branch Kormangala Bengaluru or Bengaluru to get the exact IFSC Code UBIN0579297.
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 Bengaluru, then it will provide you proper information.
How to Use IFSC Code UBIN0579297 for Online Transfers?
Once you have the IFSC Code UBIN0579297 for the Startup Branch Kormangala Bengaluru branch of Union Bank Of India in Bengaluru, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UBIN0579297. 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 UBIN0579297.
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 Startup Branch Kormangala Bengaluru in Bengaluru, your payment can get delayed or might not go through at all.
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 Startup Branch Kormangala Bengaluru, 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 Bengaluru manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0579297.
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 No 662,80 Feet Road,Koramangala, Bengaluru located in Bengaluru, Bengaluru, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.