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 M. P. Nagar - Bhopal branch in Bhopal, Bhopal, 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 Bhopal or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UBIN0553719. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Union Bank Of India, M. P. Nagar - Bhopal, Bhopal
The table below shows the main details of the IFSC Code UBIN0553719 for the Union Bank Of India branch in Bhopal, which falls under the Bhopal district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0553719 |
| Branch | M. P. Nagar - Bhopal |
| City | Bhopal |
| District | Bhopal |
| State | Madhya Pradesh |
| Address | 84, Zone Ii, M. P. Nagar,Bhopal, Madhya Pradesh.Pin - 462 011. |
These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Bhopal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0553719 for the M. P. Nagar - Bhopal 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 provided by the Reserve Bank of India. Every bank branch, including Union Bank Of India located in M. P. Nagar - Bhopal, Bhopal, Madhya Pradesh, is provided with a unique IFSC like UBIN0553719 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 Bhopal.
- 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 Bhopal and Bhopal.
- 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Union Bank Of India in M. P. Nagar - Bhopal do not get mixed with another location.
Format of the IFSC Code UBIN0553719
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 M. P. Nagar - Bhopal in Bhopal.
For example, the IFSC Code UBIN0553719 of Union Bank Of India for the M. P. Nagar - Bhopal branch includes these elements, identifying the bank and the branch location in Bhopal and Madhya Pradesh accurately.
How to Find IFSC Code for Union Bank Of India?
If you are looking for the IFSC Code UBIN0553719 of Union Bank Of India for its M. P. Nagar - Bhopal branch located in Bhopal, 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 Bhopal and Bhopal, 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 M. P. Nagar - Bhopal or Bhopal to get the exact IFSC Code UBIN0553719.
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 Bhopal, then it will provide you proper information.
How to Use IFSC Code UBIN0553719 for Online Transfers?
Once you have the IFSC Code UBIN0553719 for the M. P. Nagar - Bhopal branch of Union Bank Of India in Bhopal, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UBIN0553719. 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 UBIN0553719.
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 M. P. Nagar - Bhopal in Bhopal, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Union Bank Of India in M. P. Nagar - Bhopal, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Bhopal manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the M. P. Nagar - Bhopal Bhopal branch is UBIN0553719.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at 84, Zone Ii, M. P. Nagar,Bhopal, Madhya Pradesh.Pin - 462 011..
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.