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 M.K.P.College branch in Dehradun, Dehradun, Uttarakhand, 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 Dehradun or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code UBIN0550337. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Union Bank Of India, M.K.P.College, Dehradun

The table below shows the main details of the IFSC Code UBIN0550337 for the Union Bank Of India branch in Dehradun, which falls under the Dehradun district in Uttarakhand.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0550337
Branch M.K.P.College
City Dehradun
District Dehradun
State Uttarakhand
Address 10, New Road, Post Dehradun,Dist.Dehradun, Utranchal,Pin - 248 001

These details are crucial, not just for online banking users but also for businesses and individuals who use Union Bank Of India in Dehradun for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0550337 for the M.K.P.College 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 that is provided by the Reserve Bank of India. A unique IFSC like UBIN0550337 is given to every bank branch, including Union Bank Of India located in M.K.P.College, Dehradun, Uttarakhand, 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 Dehradun.
  • 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 Dehradun and Dehradun.
  • 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 Uttarakhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Union Bank Of India in M.K.P.College doesn't end up at another location.

Format of the IFSC Code UBIN0550337

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 M.K.P.College in Dehradun.

For example, the IFSC Code UBIN0550337 of Union Bank Of India for the M.K.P.College branch has these elements, identifying the bank and the branch location in Dehradun and Uttarakhand correctly.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0550337 of Union Bank Of India for its M.K.P.College branch located in Dehradun, 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 Dehradun and Dehradun, 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 M.K.P.College or Dehradun to get the exact IFSC Code UBIN0550337.

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 Dehradun, you'll get the correct details.

How to Use IFSC Code UBIN0550337 for Online Transfers?

Once you have the IFSC Code UBIN0550337 for the M.K.P.College branch of Union Bank Of India in Dehradun, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0550337. Transfers are processed in batches. This is suitable for 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 UBIN0550337.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Union Bank Of India M.K.P.College in Dehradun may 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 M.K.P.College, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Dehradun to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India in M.K.P.College, Dehradun?

The IFSC Code is UBIN0550337.

Is the IFSC Code UBIN0550337 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Union Bank Of India M.K.P.College?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the M.K.P.College branch?

The address of the branch is 10, New Road, Post Dehradun,Dist.Dehradun, Utranchal,Pin - 248 001 located in Dehradun, Dehradun, Uttarakhand.

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.

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