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 Barwala branch in Hisar, Barwala, Haryana, 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 Hisar or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code UBIN0562882. 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, Barwala, Hisar

Here are the main details that are associated with the IFSC Code UBIN0562882 of Union Bank Of India for its branch located in Hisar, within the district of Barwala in the state of Haryana.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0562882
Branch Barwala
City Hisar
District Barwala
State Haryana
Address Ward No 4 Near Vetenary Hospital Tohana Road Barwala Haryana 125121

These details are essential not only for online banking users but also for businesses and individuals who use Union Bank Of India in Hisar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0562882 for the Barwala branch of Union Bank Of India plays 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 UBIN0562882 is given to every bank branch, including Union Bank Of India located in Barwala, Hisar, Haryana, 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 Hisar.
  • 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 Hisar and Barwala.
  • 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 Haryana and the rest of India, which is why the IFSC Code ensures that transactions meant for Union Bank Of India in Barwala doesn't end up at another location.

Format of the IFSC Code UBIN0562882

The format of the IFSC Code for banks, including Union Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Union Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Barwala in Hisar.

For example, the IFSC Code UBIN0562882 of Union Bank Of India for the Barwala branch includes these elements, identifying the bank and the branch location in Hisar and Haryana accurately.

How to Find IFSC Code for Union Bank Of India?

If you are looking for the IFSC Code UBIN0562882 of Union Bank Of India for its Barwala branch located in Hisar, 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 Hisar and Barwala, 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 Barwala or Hisar to get the exact IFSC Code UBIN0562882.

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 Hisar, then it will provide you proper information.

How to Use IFSC Code UBIN0562882 for Online Transfers?

Once you have the IFSC Code UBIN0562882 for the Barwala branch of Union Bank Of India in Hisar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0562882. 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 UBIN0562882.

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 Barwala in Hisar, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Union Bank Of India in Barwala, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Union Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Hisar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India in Barwala, Hisar?

The IFSC Code is UBIN0562882.

Is the IFSC Code UBIN0562882 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 Barwala?

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 Barwala branch?

The address of the branch is Ward No 4 Near Vetenary Hospital Tohana Road Barwala Haryana 125121 located in Hisar, Barwala, Haryana.

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.