Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Union Bank Of India for its Amla branch in Betul, Amla, Madhya Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Union Bank Of India located in Betul or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UBIN0574660. You should definitely 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, Amla, Betul

Here are some of the key details that come with the IFSC Code UBIN0574660 of Union Bank Of India for its branch located in Betul, within the district of Amla in the state of Madhya Pradesh.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0574660
Branch Amla
City Betul
District Amla
State Madhya Pradesh
Address Ward No 1,Near Police Station,Tehsil Road, Amla Madhya Pradesh Pincode-460551

These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Betul for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0574660 for the Amla branch of Union Bank Of India is vital.

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 Amla, Betul, Madhya Pradesh, is provided a unique IFSC like UBIN0574660 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 Betul.
  • 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 Betul and Amla.
  • 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 Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Union Bank Of India in Amla do not get misguided to another person.

Format of the IFSC Code UBIN0574660

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 Amla in Betul.

For example, the IFSC Code UBIN0574660 of Union Bank Of India for the Amla branch includes these elements, identifying the bank and the branch location in Betul and Madhya Pradesh accurately.

How to Find IFSC Code for Union Bank Of India?

If you are looking for the IFSC Code UBIN0574660 of Union Bank Of India for its Amla branch located in Betul, 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 Betul and Amla, 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 Amla or Betul to get the exact IFSC Code UBIN0574660.

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 Betul, then it will provide you proper information.

How to Use IFSC Code UBIN0574660 for Online Transfers?

Once you have the IFSC Code UBIN0574660 for the Amla branch of Union Bank Of India in Betul, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0574660. 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 UBIN0574660.

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 Amla in Betul, your payment can get delayed or might not go through at all.

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 Amla, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Betul manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India Amla Betul?

The IFSC Code of the Amla Betul branch is UBIN0574660.

Is IFSC Code UBIN0574660 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 Amla branch?

The branch is located at Ward No 1,Near Police Station,Tehsil Road, Amla Madhya Pradesh Pincode-460551.

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.