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)
The IFSC Code of the Dadra Dadra And Haveli branch is UBIN0817074.
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 Luvkush Bungla,Damini Road,Dadra Nagar Haveli.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.