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 Burari branch in Delhi, Delhi, Delhi, 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 Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code UBIN0563943. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Union Bank Of India, Burari, Delhi
Below in the table are the key details related to IFSC Code UBIN0563943 of Union Bank Of India for its branch located in Delhi, within the district of Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0563943 |
| Branch | Burari |
| City | Delhi |
| District | Delhi |
| State | Delhi |
| Address | Burari, Del, Delhi, Del |
These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Delhi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0563943 for the Burari 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, along with Union Bank Of India located in Burari, Delhi, Delhi, are given a unique IFSC like UBIN0563943 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Delhi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Delhi and Delhi.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Union Bank Of India in Burari goes to the correct branch. This is important because Union Bank Of India has thousands of branches in Delhi and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UBIN0563943
This is the format of the IFSC Code for banks, including Union Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Union Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Burari in Delhi.
For example, the IFSC Code UBIN0563943 of Union Bank Of India for the Burari branch includes these elements, identifying the bank and the branch location in Delhi and Delhi accurately.
How to Find IFSC Code for Union Bank Of India?
To find the IFSC Code UBIN0563943 of Union Bank Of India for its Burari branch located in Delhi, 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 Delhi and Delhi, 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 Burari or Delhi to find the exact IFSC Code UBIN0563943.
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 Delhi will provide accurate information.
How to Use IFSC Code UBIN0563943 for Online Transfers?
Once you have the IFSC Code UBIN0563943 for the Burari branch of Union Bank Of India in Delhi, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UBIN0563943. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 UBIN0563943.
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 Burari in Delhi, your payment can get delayed or might not go through at all.
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 Burari, 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 Delhi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0563943.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Burari, Del, Delhi, Del located in Delhi, Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
