The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Union Bank Of India for its Pilikarar branch in Hoshangabad, Hoshangabad, Madhya Pradesh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Union Bank Of India located in Hoshangabad or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UBIN0934739. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Union Bank Of India, Pilikarar, Hoshangabad
Below in the table are the key details related to IFSC Code UBIN0934739 of Union Bank Of India for its branch located in Hoshangabad, within the district of Hoshangabad in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0934739 |
| Branch | Pilikarar |
| City | Hoshangabad |
| District | Hoshangabad |
| State | Madhya Pradesh |
| Address | Plot No 41 Diwan House Proposed National Highway Opposite Pilikarar Panchayat Office Village Pilikarar |
These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Hoshangabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0934739 for the Pilikarar 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, including Union Bank Of India located in Pilikarar, Hoshangabad, Madhya Pradesh, is provided with a unique IFSC like UBIN0934739 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 Hoshangabad.
- 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 Hoshangabad and Hoshangabad.
- 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Union Bank Of India in Pilikarar do not get mixed with another location.
Format of the IFSC Code UBIN0934739
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): These represent the bank code. In Union Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Pilikarar in Hoshangabad.
For example, the IFSC Code UBIN0934739 of Union Bank Of India for the Pilikarar branch has these elements, identifying the bank and the branch location in Hoshangabad and Madhya Pradesh correctly.
How to Find IFSC Code for Union Bank Of India?
To find the IFSC Code UBIN0934739 of Union Bank Of India for its Pilikarar branch located in Hoshangabad, 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 Hoshangabad and Hoshangabad, 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 Pilikarar or Hoshangabad to find the exact IFSC Code UBIN0934739.
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 Hoshangabad will provide accurate information.
How to Use IFSC Code UBIN0934739 for Online Transfers?
Once you have the IFSC Code UBIN0934739 for the Pilikarar branch of Union Bank Of India in Hoshangabad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0934739. 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 UBIN0934739.
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 Pilikarar in Hoshangabad, it can 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 Pilikarar, 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 Hoshangabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Pilikarar Hoshangabad branch is UBIN0934739.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Plot No 41 Diwan House Proposed National Highway Opposite Pilikarar Panchayat Office Village Pilikarar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.