Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Union Bank Of India for its Mlp Hassan branch in Hassan, Hassan, Karnataka, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Union Bank Of India located in Hassan or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UBIN0586471. You should definitely 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, Mlp Hassan, Hassan

The table below shows the main details of the IFSC Code UBIN0586471 for the Union Bank Of India branch in Hassan, which falls under the Hassan district in Karnataka.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0586471
Branch Mlp Hassan
City Hassan
District Hassan
State Karnataka
Address Mahalakshmi Complex Hassan Arsikere Road

These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Hassan for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0586471 for the Mlp Hassan branch of Union Bank Of India plays a vital 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 Mlp Hassan, Hassan, Karnataka, are allotted a unique IFSC like UBIN0586471 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Hassan.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Hassan and Hassan.
  • 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 Mlp Hassan reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code UBIN0586471

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 Mlp Hassan in Hassan.

For example, the IFSC Code UBIN0586471 of Union Bank Of India for the Mlp Hassan branch includes these elements, identifying the bank and the branch location in Hassan and Karnataka accurately.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0586471 of Union Bank Of India for its Mlp Hassan branch located in Hassan, 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 Hassan and Hassan, 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 Mlp Hassan or Hassan to get the exact IFSC Code UBIN0586471.

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 Hassan, you'll get the correct details.

How to Use IFSC Code UBIN0586471 for Online Transfers?

Once you have the IFSC Code UBIN0586471 for the Mlp Hassan branch of Union Bank Of India in Hassan, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0586471. 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 UBIN0586471.

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 Mlp Hassan in Hassan, it can result in delayed or failed transactions.

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 Mlp Hassan, 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 Hassan manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India Mlp Hassan Hassan?

The IFSC Code of the Mlp Hassan Hassan branch is UBIN0586471.

Is IFSC Code UBIN0586471 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Union Bank Of India Mlp Hassan branch?

The branch is located at Mahalakshmi Complex Hassan Arsikere Road.

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.

Nearby UNION BANK OF INDIA Branches

Back to Top