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 Dadra branch in Dadra And Haveli, Dadra, Dadra And Nagar Haveli, 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 Dadra And Haveli or anywhere in Dadra And Nagar Haveli can transfer funds instantly by using the correct IFSC Code UBIN0817074. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Union Bank Of India, Dadra, Dadra And Haveli

Here are some of the key details that come with the IFSC Code UBIN0817074 of Union Bank Of India for its branch located in Dadra And Haveli, within the district of Dadra in the state of Dadra And Nagar Haveli.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0817074
Branch Dadra
City Dadra And Haveli
District Dadra
State Dadra And Nagar Haveli
Address Luvkush Bungla,Damini Road,Dadra Nagar Haveli

These details help users in online banking and for businesses and individuals who use Union Bank Of India in Dadra And Haveli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0817074 for the Dadra branch of Union Bank Of India has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like UBIN0817074 is given to every bank branch, including Union Bank Of India located in Dadra, Dadra And Haveli, Dadra And Nagar Haveli, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Union Bank Of India branch in Dadra And Haveli.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Dadra And Haveli and Dadra.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Dadra And Nagar Haveli and the rest of India, which is why the IFSC Code ensures that transactions meant for Union Bank Of India in Dadra doesn't end up at another location.

Format of the IFSC Code UBIN0817074

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 Dadra in Dadra And Haveli.

For example, the IFSC Code UBIN0817074 of Union Bank Of India for the Dadra branch has these elements, identifying the bank and the branch location in Dadra And Haveli and Dadra And Nagar Haveli correctly.

How to Find IFSC Code for Union Bank Of India?

To find the IFSC Code UBIN0817074 of Union Bank Of India for its Dadra branch located in Dadra And Haveli, the following methods can help you out:

Cheque Book

The cheque book issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Union Bank Of India branches in Dadra And Haveli and Dadra, 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 go to the branch locator section. Then search for Dadra or Dadra And Haveli to find the exact IFSC Code UBIN0817074.

Mobile Banking App

If you use Union Bank Of India's mobile app, you can 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. Searching for Union Bank Of India and Dadra And Haveli will provide accurate information.

How to Use IFSC Code UBIN0817074 for Online Transfers?

Once you have the IFSC Code UBIN0817074 for the Dadra branch of Union Bank Of India in Dadra And Haveli, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0817074. 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 UBIN0817074.

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 Dadra in Dadra And Haveli, 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 Dadra, 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 Dadra And Haveli manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India Dadra Dadra And Haveli?

The IFSC Code of the Dadra Dadra And Haveli branch is UBIN0817074.

Is IFSC Code UBIN0817074 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 Dadra branch?

The branch is located at Luvkush Bungla,Damini Road,Dadra Nagar Haveli.

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.