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IFSC Code of Union Bank Of India, Islamia Karimia Degree College - Indore, Indore, Madhya Pradesh — UBIN0552496

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Union Bank Of India for its Islamia Karimia Degree College - Indore branch in Indore, Indore, Madhya Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Union Bank Of India located in Indore or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UBIN0552496. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Union Bank Of India, Islamia Karimia Degree College - Indore, Indore

Here are the key points that are associated with the IFSC Code UBIN0552496 of Union Bank Of India for its branch located in Indore, within the district of Indore in the state of Madhya Pradesh.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0552496
Branch Islamia Karimia Degree College - Indore
City Indore
District Indore
State Madhya Pradesh
Address Islamia Karimia Degree College Compound2/2 Old Palasia, Indore, (M.P.)Pin - 452 004.

These details help users in online banking and for businesses and individuals who use Union Bank Of India in Indore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0552496 for the Islamia Karimia Degree College - Indore branch of Union Bank Of India has a very important 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 Islamia Karimia Degree College - Indore, Indore, Madhya Pradesh, are allotted a unique IFSC like UBIN0552496 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Indore.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Indore and Indore.
  • 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 Islamia Karimia Degree College - Indore reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.

Format of the IFSC Code UBIN0552496

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 Islamia Karimia Degree College - Indore in Indore.

For example, the IFSC Code UBIN0552496 of Union Bank Of India for the Islamia Karimia Degree College - Indore branch has these elements, identifying the bank and the branch location in Indore and Madhya Pradesh correctly.

How to Find IFSC Code for Union Bank Of India?

If you are looking for the IFSC Code UBIN0552496 of Union Bank Of India for its Islamia Karimia Degree College - Indore branch located in Indore, 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 Indore and Indore, 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 Islamia Karimia Degree College - Indore or Indore to get the exact IFSC Code UBIN0552496.

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 Indore, then it will provide you proper information.

How to Use IFSC Code UBIN0552496 for Online Transfers?

Once you have the IFSC Code UBIN0552496 for the Islamia Karimia Degree College - Indore branch of Union Bank Of India in Indore, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0552496. 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 UBIN0552496.

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 Islamia Karimia Degree College - Indore in Indore, 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 Islamia Karimia Degree College - Indore, 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 Indore 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 Islamia Karimia Degree College - Indore, Indore?

The IFSC Code is UBIN0552496.

Is the IFSC Code UBIN0552496 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Union Bank Of India Islamia Karimia Degree College - Indore?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Islamia Karimia Degree College - Indore branch?

The address of the branch is Islamia Karimia Degree College Compound2/2 Old Palasia, Indore, (M.P.)Pin - 452 004. located in Indore, Indore, Madhya Pradesh.

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.

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