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 Pathariya branch in Damoh, Pathariya, Madhya Pradesh, 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 Damoh or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code UBIN0559466. 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, Pathariya, Damoh
Here are the key points that are associated with the IFSC Code UBIN0559466 of Union Bank Of India for its branch located in Damoh, within the district of Pathariya in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0559466 |
| Branch | Pathariya |
| City | Damoh |
| District | Pathariya |
| State | Madhya Pradesh |
| Address | Sanjay Chouraha District Damoh |
These details are crucial, not just for online banking users but also for businesses and individuals who use Union Bank Of India in Damoh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0559466 for the Pathariya 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 Pathariya, Damoh, Madhya Pradesh, are allotted a unique IFSC like UBIN0559466 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Damoh.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Damoh and Pathariya.
- 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 Pathariya reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code UBIN0559466
The format of the IFSC Code for banks, including Union Bank Of India, has 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 Pathariya in Damoh.
For example, the IFSC Code UBIN0559466 of Union Bank Of India for the Pathariya branch includes these elements, identifying the bank and the branch location in Damoh and Madhya Pradesh correctly.
How to Find IFSC Code for Union Bank Of India?
If you are trying to find the IFSC Code UBIN0559466 of Union Bank Of India for its Pathariya branch located in Damoh, the following methods can help:
Cheque Book
The cheque book issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Union Bank Of India branches in Damoh and Pathariya, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Union Bank Of India and navigate to the branch locator section. Search for Pathariya or Damoh to get the exact IFSC Code UBIN0559466.
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 keeps an updated list of all IFSC codes. If you search for Union Bank Of India and Damoh, you'll get the correct details.
How to Use IFSC Code UBIN0559466 for Online Transfers?
Once you have the IFSC Code UBIN0559466 for the Pathariya branch of Union Bank Of India in Damoh, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UBIN0559466. 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 UBIN0559466.
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 Pathariya in Damoh, 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 Pathariya, 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 Damoh manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0559466.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Sanjay Chouraha District Damoh located in Damoh, Pathariya, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.