There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Union Bank Of India for its Maddadka Branch branch in Dakshina Kannada, Belthangady, Karnataka, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Union Bank Of India situated in Dakshina Kannada or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code UBIN0579629. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Union Bank Of India, Maddadka Branch, Dakshina Kannada
Here are the main details that are associated with the IFSC Code UBIN0579629 of Union Bank Of India for its branch located in Dakshina Kannada, within the district of Belthangady in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0579629 |
| Branch | Maddadka Branch |
| City | Dakshina Kannada |
| District | Belthangady |
| State | Karnataka |
| Address | Dharmashree Complex Nh-73 Kuvettu Village,Post Maddadka,Belthangady Taluka, Dakshina Kannada District,Karnataka - 574224 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Union Bank Of India in Dakshina Kannada for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0579629 for the Maddadka Branch branch of Union Bank Of India has an important 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, along with Union Bank Of India located in Maddadka Branch, Dakshina Kannada, Karnataka, are allotted a unique IFSC like UBIN0579629 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dakshina Kannada.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dakshina Kannada and Belthangady.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Union Bank Of India in Maddadka Branch reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code UBIN0579629
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 Maddadka Branch in Dakshina Kannada.
For example, the IFSC Code UBIN0579629 of Union Bank Of India for the Maddadka Branch branch includes these elements, identifying the bank and the branch location in Dakshina Kannada and Karnataka accurately.
How to Find IFSC Code for Union Bank Of India?
If you are trying to find the IFSC Code UBIN0579629 of Union Bank Of India for its Maddadka Branch branch located in Dakshina Kannada, 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 Dakshina Kannada and Belthangady, 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 Maddadka Branch or Dakshina Kannada to get the exact IFSC Code UBIN0579629.
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 Dakshina Kannada that will provide accurate information.
How to Use IFSC Code UBIN0579629 for Online Transfers?
Once you have the IFSC Code UBIN0579629 for the Maddadka Branch branch of Union Bank Of India in Dakshina Kannada, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0579629. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Union Bank Of India IFSC Code UBIN0579629.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Union Bank Of India Maddadka Branch in Dakshina Kannada, it can result in delayed or failed transactions.
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 Maddadka Branch, 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 Dakshina Kannada manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0579629.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Dharmashree Complex Nh-73 Kuvettu Village,Post Maddadka,Belthangady Taluka, Dakshina Kannada District,Karnataka - 574224 located in Dakshina Kannada, Belthangady, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.