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 Arilo branch in Jagatsinghpur, Jagatsinghapur, Odisha, 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 Jagatsinghpur or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code UBIN0934721. 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, Arilo, Jagatsinghpur
Here are some of the key details that come with the IFSC Code UBIN0934721 of Union Bank Of India for its branch located in Jagatsinghpur, within the district of Jagatsinghapur in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0934721 |
| Branch | Arilo |
| City | Jagatsinghpur |
| District | Jagatsinghapur |
| State | Odisha |
| Address | Rajiv Gandhi Seva Kendra Premises At Po Arilo Dist Jagatsinghpur Odisha |
These details are essential not only for online banking users but also for businesses and individuals who use Union Bank Of India in Jagatsinghpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0934721 for the Arilo branch of Union Bank Of India plays an 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 Arilo, Jagatsinghpur, Odisha, are allotted a unique IFSC like UBIN0934721 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jagatsinghpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Jagatsinghpur and Jagatsinghapur.
- 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 Arilo reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code UBIN0934721
The format of the IFSC Code for banks, including Union Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Union Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Arilo in Jagatsinghpur.
For example, the IFSC Code UBIN0934721 of Union Bank Of India for the Arilo branch includes these elements, identifying the bank and the branch location in Jagatsinghpur and Odisha accurately.
How to Find IFSC Code for Union Bank Of India?
If you are trying to find the IFSC Code UBIN0934721 of Union Bank Of India for its Arilo branch located in Jagatsinghpur, the following methods can help:
Cheque Book
The cheque book issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Union Bank Of India branches in Jagatsinghpur and Jagatsinghapur, print them on the first page of your passbook.
Bank Website
Visit the official website of Union Bank Of India and navigate to the branch locator section. Search for Arilo or Jagatsinghpur to get the exact IFSC Code UBIN0934721.
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 keeps an updated list of all IFSC codes. If you search for Union Bank Of India and Jagatsinghpur, you'll get the correct details.
How to Use IFSC Code UBIN0934721 for Online Transfers?
Once you have the IFSC Code UBIN0934721 for the Arilo branch of Union Bank Of India in Jagatsinghpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UBIN0934721. 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 UBIN0934721.
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 Arilo in Jagatsinghpur, 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 Arilo, 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 Jagatsinghpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0934721.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Rajiv Gandhi Seva Kendra Premises At Po Arilo Dist Jagatsinghpur Odisha located in Jagatsinghpur, Jagatsinghapur, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.