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 Currency Chest Berhampur branch in Berhampur, Berhampur, 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 Berhampur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UBIN0584665. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Union Bank Of India, Currency Chest Berhampur, Berhampur
Here are the key points that are associated with the IFSC Code UBIN0584665 of Union Bank Of India for its branch located in Berhampur, within the district of Berhampur in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0584665 |
| Branch | Currency Chest Berhampur |
| City | Berhampur |
| District | Berhampur |
| State | Odisha |
| Address | In Front Of Kg High School Berhampur |
These details are crucial, not just for online banking users but also for businesses and individuals who use Union Bank Of India in Berhampur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0584665 for the Currency Chest Berhampur branch of Union Bank Of India has 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, including Union Bank Of India located in Currency Chest Berhampur, Berhampur, Odisha, is provided with a unique IFSC like UBIN0584665 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Union Bank Of India branch in Berhampur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Berhampur and Berhampur.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for Union Bank Of India in Currency Chest Berhampur do not get mixed with another location.
Format of the IFSC Code UBIN0584665
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): These represent the bank code. In Union Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Currency Chest Berhampur in Berhampur.
For example, the IFSC Code UBIN0584665 of Union Bank Of India for the Currency Chest Berhampur branch has these elements, identifying the bank and the branch location in Berhampur and Odisha correctly.
How to Find IFSC Code for Union Bank Of India?
If you are looking for the IFSC Code UBIN0584665 of Union Bank Of India for its Currency Chest Berhampur branch located in Berhampur, 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 Berhampur and Berhampur, 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 Currency Chest Berhampur or Berhampur to get the exact IFSC Code UBIN0584665.
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 Berhampur, then it will provide you proper information.
How to Use IFSC Code UBIN0584665 for Online Transfers?
Once you have the IFSC Code UBIN0584665 for the Currency Chest Berhampur branch of Union Bank Of India in Berhampur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0584665. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Union Bank Of India IFSC Code UBIN0584665.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Union Bank Of India Currency Chest Berhampur in Berhampur, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Union Bank Of India in Currency Chest Berhampur, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Berhampur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0584665.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is In Front Of Kg High School Berhampur located in Berhampur, Berhampur, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.