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 Rasoia Dhamna branch in Hazaribagh, Barhi, Jharkhand, 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 Hazaribagh or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code UBIN0576883. 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, Rasoia Dhamna, Hazaribagh

Here are the main details that are associated with the IFSC Code UBIN0576883 of Union Bank Of India for its branch located in Hazaribagh, within the district of Barhi in the state of Jharkhand.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0576883
Branch Rasoia Dhamna
City Hazaribagh
District Barhi
State Jharkhand
Address Durga Mandap Rasoia Dhamna Pincode 825405

These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Hazaribagh for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0576883 for the Rasoia Dhamna 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 that is provided by the Reserve Bank of India. A unique IFSC like UBIN0576883 is given to every bank branch, including Union Bank Of India located in Rasoia Dhamna, Hazaribagh, Jharkhand, 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 Hazaribagh.
  • 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 Hazaribagh and Barhi.
  • 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 Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Union Bank Of India in Rasoia Dhamna doesn't end up at another location.

Format of the IFSC Code UBIN0576883

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): 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 Rasoia Dhamna in Hazaribagh.

For example, the IFSC Code UBIN0576883 of Union Bank Of India for the Rasoia Dhamna branch includes these elements, identifying the bank and the branch location in Hazaribagh and Jharkhand accurately.

How to Find IFSC Code for Union Bank Of India?

If you are looking for the IFSC Code UBIN0576883 of Union Bank Of India for its Rasoia Dhamna branch located in Hazaribagh, the following methods can help:

Cheque Book

The cheque book that is issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Union Bank Of India branches in Hazaribagh and Barhi, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Union Bank Of India and look for the branch locator section, then search for Rasoia Dhamna or Hazaribagh to get the exact IFSC Code UBIN0576883.

Mobile Banking App

If you use Union Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Union Bank Of India and Hazaribagh, then it will provide you proper information.

How to Use IFSC Code UBIN0576883 for Online Transfers?

Once you have the IFSC Code UBIN0576883 for the Rasoia Dhamna branch of Union Bank Of India in Hazaribagh, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0576883. 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 UBIN0576883.

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 Rasoia Dhamna in Hazaribagh 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 Rasoia Dhamna, 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 Hazaribagh 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 Rasoia Dhamna, Hazaribagh?

The IFSC Code is UBIN0576883.

Is the IFSC Code UBIN0576883 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Union Bank Of India Rasoia Dhamna?

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

What is the full address of the Rasoia Dhamna branch?

The address of the branch is Durga Mandap Rasoia Dhamna Pincode 825405 located in Hazaribagh, Barhi, Jharkhand.

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.