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 Hoshangabad Road branch in Bhojpur, Bhojpur, Madhya Pradesh, 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 Bhojpur or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UBIN0558095. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Union Bank Of India, Hoshangabad Road, Bhojpur

Here are the main details that are associated with the IFSC Code UBIN0558095 of Union Bank Of India for its branch located in Bhojpur, within the district of Bhojpur in the state of Madhya Pradesh.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0558095
Branch Hoshangabad Road
City Bhojpur
District Bhojpur
State Madhya Pradesh
Address Hoshangabad Road A 20 Aryan Wasahmedpur Kalan Bhojpur Madhya Pradesh

These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Bhojpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0558095 for the Hoshangabad Road 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Union Bank Of India located in Hoshangabad Road, Bhojpur, Madhya Pradesh, is provided a unique IFSC like UBIN0558095 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 Bhojpur.
  • 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 Bhojpur and Bhojpur.
  • 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 Hoshangabad Road do not get misguided to another person.

Format of the IFSC Code UBIN0558095

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 Hoshangabad Road in Bhojpur.

For example, the IFSC Code UBIN0558095 of Union Bank Of India for the Hoshangabad Road branch includes these elements, identifying the bank and the branch location in Bhojpur and Madhya Pradesh accurately.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0558095 of Union Bank Of India for its Hoshangabad Road branch located in Bhojpur, the following methods can help:

Cheque Book

The cheque books that are issued by Union Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Union Bank Of India branches in Bhojpur and Bhojpur, 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 find the branch locator section. Search for Hoshangabad Road or Bhojpur to get the exact IFSC Code UBIN0558095.

Mobile Banking App

If you use Union Bank Of India's mobile app, you can easily 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 to help you in searching for Union Bank Of India and Bhojpur that will provide accurate information.

How to Use IFSC Code UBIN0558095 for Online Transfers?

Once you have the IFSC Code UBIN0558095 for the Hoshangabad Road branch of Union Bank Of India in Bhojpur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0558095. 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 UBIN0558095.

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 Hoshangabad Road in Bhojpur, 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 Hoshangabad Road, 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 Bhojpur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India in Hoshangabad Road, Bhojpur?

The IFSC Code is UBIN0558095.

Is the IFSC Code UBIN0558095 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Union Bank Of India Hoshangabad Road?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Hoshangabad Road branch?

The address of the branch is Hoshangabad Road A 20 Aryan Wasahmedpur Kalan Bhojpur Madhya Pradesh located in Bhojpur, Bhojpur, Madhya Pradesh.

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.