There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Union Bank Of India for its Service Branch Jabalpur branch in Jabalpur, Jabalpur, Madhya Pradesh, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Union Bank Of India situated in Jabalpur or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code UBIN0554766. You should 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, Service Branch Jabalpur, Jabalpur
Here are the main details that are associated with the IFSC Code UBIN0554766 of Union Bank Of India for its branch located in Jabalpur, within the district of Jabalpur in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0554766 |
| Branch | Service Branch Jabalpur |
| City | Jabalpur |
| District | Jabalpur |
| State | Madhya Pradesh |
| Address | 1St Floor, 'Shyam Arcade', Malviya Chowk, Madhya Pradesh, Pin - 482 002. |
These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Jabalpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0554766 for the Service Branch Jabalpur branch of Union Bank Of India is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Union Bank Of India located in Service Branch Jabalpur, Jabalpur, Madhya Pradesh, is provided a unique IFSC like UBIN0554766 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Union Bank Of India branch in Jabalpur.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Jabalpur and Jabalpur.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Union Bank Of India in Service Branch Jabalpur do not get misguided to another person.
Format of the IFSC Code UBIN0554766
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 Service Branch Jabalpur in Jabalpur.
For example, the IFSC Code UBIN0554766 of Union Bank Of India for the Service Branch Jabalpur branch includes these elements, identifying the bank and the branch location in Jabalpur and Madhya Pradesh accurately.
How to Find IFSC Code for Union Bank Of India?
If you are looking for the IFSC Code UBIN0554766 of Union Bank Of India for its Service Branch Jabalpur branch located in Jabalpur, 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 Jabalpur and Jabalpur, 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 Service Branch Jabalpur or Jabalpur to get the exact IFSC Code UBIN0554766.
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 Jabalpur, then it will provide you proper information.
How to Use IFSC Code UBIN0554766 for Online Transfers?
Once you have the IFSC Code UBIN0554766 for the Service Branch Jabalpur branch of Union Bank Of India in Jabalpur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0554766. 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 UBIN0554766.
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 Service Branch Jabalpur in Jabalpur 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 Service Branch Jabalpur, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Jabalpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0554766.
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 1St Floor, 'Shyam Arcade', Malviya Chowk, Madhya Pradesh, Pin - 482 002. located in Jabalpur, Jabalpur, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.