For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Union Bank Of India for its Chavara branch in Chavara, Chavara, Kerala, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Union Bank Of India located in Chavara or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code UBIN0573680. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Union Bank Of India, Chavara, Chavara
Here are the key points that are associated with the IFSC Code UBIN0573680 of Union Bank Of India for its branch located in Chavara, within the district of Chavara in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0573680 |
| Branch | Chavara |
| City | Chavara |
| District | Chavara |
| State | Kerala |
| Address | 17 1095 Nandaram Building Chavara Kerala Pin 691583 |
These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Chavara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0573680 for the Chavara 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 Chavara, Chavara, Kerala, is provided a unique IFSC like UBIN0573680 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 Chavara.
- 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 Chavara and Chavara.
- 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 Kerala and the rest of India, the IFSC Code ensures that transactions meant for Union Bank Of India in Chavara do not get misguided to another person.
Format of the IFSC Code UBIN0573680
The format of the IFSC Code for banks, including Union Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Union Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Chavara in Chavara.
For example, the IFSC Code UBIN0573680 of Union Bank Of India for the Chavara branch includes these elements, identifying the bank and the branch location in Chavara and Kerala accurately.
How to Find IFSC Code for Union Bank Of India?
If you are looking for the IFSC Code UBIN0573680 of Union Bank Of India for its Chavara branch located in Chavara, 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 Chavara and Chavara, 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 Chavara or Chavara to get the exact IFSC Code UBIN0573680.
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 Chavara, then it will provide you proper information.
How to Use IFSC Code UBIN0573680 for Online Transfers?
If you have the IFSC Code UBIN0573680 for the Chavara branch of Union Bank Of India in Chavara, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0573680. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Union Bank Of India IFSC Code UBIN0573680.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Union Bank Of India Chavara in Chavara, it may 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 Chavara, 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 Chavara manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Chavara Chavara branch is UBIN0573680.
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 17 1095 Nandaram Building Chavara Kerala Pin 691583.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.