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 Nagar Vikas Nyas Sriganganagar branch in Jaipur, Sriganganagar, Rajasthan, 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 Jaipur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code UBIN0558630. 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, Nagar Vikas Nyas Sriganganagar, Jaipur

Here are the key points that are associated with the IFSC Code UBIN0558630 of Union Bank Of India for its branch located in Jaipur, within the district of Sriganganagar in the state of Rajasthan.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0558630
Branch Nagar Vikas Nyas Sriganganagar
City Jaipur
District Sriganganagar
State Rajasthan
Address Sri Ganganagar Nagar Nikas Nyas Model Town Phase I

These details are crucial, not just for online banking users but also for businesses and individuals who use Union Bank Of India in Jaipur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0558630 for the Nagar Vikas Nyas Sriganganagar branch of Union Bank Of India has 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 Nagar Vikas Nyas Sriganganagar, Jaipur, Rajasthan, are allotted a unique IFSC like UBIN0558630 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Jaipur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Jaipur and Sriganganagar.
  • 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 Nagar Vikas Nyas Sriganganagar reaches the right place, even though there are thousands of branches in Rajasthan and across India.

Format of the IFSC Code UBIN0558630

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 Nagar Vikas Nyas Sriganganagar in Jaipur.

For example, the IFSC Code UBIN0558630 of Union Bank Of India for the Nagar Vikas Nyas Sriganganagar branch includes these elements, identifying the bank and the branch location in Jaipur and Rajasthan accurately.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0558630 of Union Bank Of India for its Nagar Vikas Nyas Sriganganagar branch located in Jaipur, 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 Jaipur and Sriganganagar, 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 Nagar Vikas Nyas Sriganganagar or Jaipur to get the exact IFSC Code UBIN0558630.

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 Jaipur, you'll get the correct details.

How to Use IFSC Code UBIN0558630 for Online Transfers?

Once you have the IFSC Code UBIN0558630 for the Nagar Vikas Nyas Sriganganagar branch of Union Bank Of India in Jaipur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0558630. 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 UBIN0558630.

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 Nagar Vikas Nyas Sriganganagar in Jaipur 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 Nagar Vikas Nyas Sriganganagar, 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 Jaipur 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 Nagar Vikas Nyas Sriganganagar, Jaipur?

The IFSC Code is UBIN0558630.

Is the IFSC Code UBIN0558630 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 Nagar Vikas Nyas Sriganganagar?

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 Nagar Vikas Nyas Sriganganagar branch?

The address of the branch is Sri Ganganagar Nagar Nikas Nyas Model Town Phase I located in Jaipur, Sriganganagar, Rajasthan.

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.