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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Union Bank Of India for its Pipliya Kumar Indore branch in Indore, Pipliya Kumar Indore, or Madhya Pradesh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Union Bank Of India located in Indore or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UBIN0566632. 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, Pipliya Kumar Indore, Indore

Here are some of the key details that come with the IFSC Code UBIN0566632 of Union Bank Of India for its branch located in Indore, within the district of Pipliya Kumar Indore in the state of Madhya Pradesh.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0566632
Branch Pipliya Kumar Indore
City Indore
District Pipliya Kumar Indore
State Madhya Pradesh
Address S S Angan 90 91 Deep P Alace Colny Pipliya City Pipliya Kumar Indore Madhya Pradesh

These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Indore for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0566632 for the Pipliya Kumar Indore 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 Pipliya Kumar Indore, Indore, Madhya Pradesh, is provided with a unique IFSC like UBIN0566632 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 Indore.
  • 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 Indore and Pipliya Kumar Indore.
  • 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 Pipliya Kumar Indore do not get mixed with another location.

Format of the IFSC Code UBIN0566632

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 Pipliya Kumar Indore in Indore.

For example, the IFSC Code UBIN0566632 of Union Bank Of India for the Pipliya Kumar Indore branch includes these elements, identifying the bank and the branch location in Indore and Madhya Pradesh accurately.

How to Find IFSC Code for Union Bank Of India?

If you are looking for the IFSC Code UBIN0566632 of Union Bank Of India for its Pipliya Kumar 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 Pipliya Kumar 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 Pipliya Kumar Indore or Indore to get the exact IFSC Code UBIN0566632.

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 UBIN0566632 for Online Transfers?

Once you have the IFSC Code UBIN0566632 for the Pipliya Kumar Indore branch of Union Bank Of India in Indore, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0566632. 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 UBIN0566632.

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 Pipliya Kumar Indore in Indore 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 Pipliya Kumar 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 Pipliya Kumar Indore, Indore?

The IFSC Code is UBIN0566632.

Is the IFSC Code UBIN0566632 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 Pipliya Kumar 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 Pipliya Kumar Indore branch?

The address of the branch is S S Angan 90 91 Deep P Alace Colny Pipliya City Pipliya Kumar Indore Madhya Pradesh located in Indore, Pipliya Kumar 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.