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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Union Bank Of India for its Jagatsinghpur branch in Jagatsinghpur, Jagatsinghapur, Odisha, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Union Bank Of India located in Jagatsinghpur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UBIN0919934. 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, Jagatsinghpur, Jagatsinghpur
Here are the key points that are associated with the IFSC Code UBIN0919934 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 | UBIN0919934 |
| Branch | Jagatsinghpur |
| City | Jagatsinghpur |
| District | Jagatsinghapur |
| State | Odisha |
| Address | Plot No 44,Mouza Chatra In Front Of Somnath Hat At By Po By Dist Jagatsinghpur 754103 Orissa |
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 UBIN0919934 for the Jagatsinghpur 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 that is provided by the Reserve Bank of India. A unique IFSC like UBIN0919934 is given to every bank branch, including Union Bank Of India located in Jagatsinghpur, Jagatsinghpur, Odisha, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Union Bank Of India branch in Jagatsinghpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Jagatsinghpur and Jagatsinghapur.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Union Bank Of India in Jagatsinghpur doesn't end up at another location.
Format of the IFSC Code UBIN0919934
The format of the IFSC Code for banks, including Union Bank Of India, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Union Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Jagatsinghpur in Jagatsinghpur.
For example, the IFSC Code UBIN0919934 of Union Bank Of India for the Jagatsinghpur branch includes these elements, identifying the bank and the branch location in Jagatsinghpur and Odisha correctly.
How to Find IFSC Code for Union Bank Of India?
To find the IFSC Code UBIN0919934 of Union Bank Of India for its Jagatsinghpur branch located in Jagatsinghpur, 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 Jagatsinghpur and Jagatsinghapur, 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 Jagatsinghpur or Jagatsinghpur to find the exact IFSC Code UBIN0919934.
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 Jagatsinghpur will provide accurate information.
How to Use IFSC Code UBIN0919934 for Online Transfers?
Once you have the IFSC Code UBIN0919934 for the Jagatsinghpur branch of Union Bank Of India in Jagatsinghpur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0919934. 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 UBIN0919934.
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 Jagatsinghpur in Jagatsinghpur may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Union Bank Of India in Jagatsinghpur, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Jagatsinghpur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0919934.
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 Plot No 44,Mouza Chatra In Front Of Somnath Hat At By Po By Dist Jagatsinghpur 754103 Orissa located in Jagatsinghpur, Jagatsinghapur, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.