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 Arasikere branch in Davangere, Arasikere, Karnataka, 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 Davangere or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UBIN0911437. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Union Bank Of India, Arasikere, Davangere
Below in the table are the key details related to IFSC Code UBIN0911437 of Union Bank Of India for its branch located in Davangere, within the district of Arasikere in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0911437 |
| Branch | Arasikere |
| City | Davangere |
| District | Arasikere |
| State | Karnataka |
| Address | Opp.To Hoysaleshwara College,B H Road,Arasikere,Pincode 573103 |
These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Davangere for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0911437 for the Arasikere branch of Union Bank Of India is vital.
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, including Union Bank Of India located in Arasikere, Davangere, Karnataka, is provided with a unique IFSC like UBIN0911437 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Union Bank Of India branch in Davangere.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Davangere and Arasikere.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Union Bank Of India in Arasikere do not get mixed with another location.
Format of the IFSC Code UBIN0911437
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 Arasikere in Davangere.
For example, the IFSC Code UBIN0911437 of Union Bank Of India for the Arasikere branch has these elements, identifying the bank and the branch location in Davangere and Karnataka correctly.
How to Find IFSC Code for Union Bank Of India?
If you are trying to find the IFSC Code UBIN0911437 of Union Bank Of India for its Arasikere branch located in Davangere, 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
You can easily find the IFSC and MICR codes because most banks, including Union Bank Of India branches in Davangere and Arasikere, print them 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 Arasikere or Davangere to get the exact IFSC Code UBIN0911437.
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 Davangere, you'll get the correct details.
How to Use IFSC Code UBIN0911437 for Online Transfers?
Once you have the IFSC Code UBIN0911437 for the Arasikere branch of Union Bank Of India in Davangere, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0911437. 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 UBIN0911437.
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 Arasikere in Davangere, it can 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 Arasikere, 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 Davangere manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0911437.
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 Opp.To Hoysaleshwara College,B H Road,Arasikere,Pincode 573103 located in Davangere, Arasikere, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.