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 C.R.College Of Education branch in Hissar, Hissar, 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 Hissar or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code UBIN0555703. 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, C.R.College Of Education, Hissar
The table below shows the main details of the IFSC Code UBIN0555703 for the Union Bank Of India branch in Hissar, which falls under the Hissar district in Haryana.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0555703 |
| Branch | C.R.College Of Education |
| City | Hissar |
| District | Hissar |
| State | Haryana |
| Address | C. R. College Of Education, Rajgarh Road,Hissar - 125 001, Haryana. |
These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Hissar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0555703 for the C.R.College Of Education 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, including Union Bank Of India located in C.R.College Of Education, Hissar, Haryana, is provided with a unique IFSC like UBIN0555703 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Union Bank Of India branch in Hissar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Hissar and Hissar.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Haryana and the rest of India and the IFSC Code ensures that transactions meant for Union Bank Of India in C.R.College Of Education do not get mixed with another location.
Format of the IFSC Code UBIN0555703
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 C.R.College Of Education in Hissar.
For example, the IFSC Code UBIN0555703 of Union Bank Of India for the C.R.College Of Education branch includes these elements, identifying the bank and the branch location in Hissar and Haryana accurately.
How to Find IFSC Code for Union Bank Of India?
If you are looking for the IFSC Code UBIN0555703 of Union Bank Of India for its C.R.College Of Education branch located in Hissar, 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 Hissar and Hissar, 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 C.R.College Of Education or Hissar to get the exact IFSC Code UBIN0555703.
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 Hissar, then it will provide you proper information.
How to Use IFSC Code UBIN0555703 for Online Transfers?
Once you have the IFSC Code UBIN0555703 for the C.R.College Of Education branch of Union Bank Of India in Hissar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UBIN0555703. 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 UBIN0555703.
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 C.R.College Of Education in Hissar, 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 C.R.College Of Education, 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 Hissar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0555703.
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 C. R. College Of Education, Rajgarh Road,Hissar - 125 001, Haryana. located in Hissar, Hissar, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.