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 Sangvi branch in Jalgaon, Sangvi, Maharashtra, 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 Jalgaon or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code UBIN0541222. 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, Sangvi, Jalgaon
Here are the key points that are associated with the IFSC Code UBIN0541222 of Union Bank Of India for its branch located in Jalgaon, within the district of Sangvi in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0541222 |
| Branch | Sangvi |
| City | Jalgaon |
| District | Sangvi |
| State | Maharashtra |
| Address | At Post Sangvi Taluka Yaval Dist.Jalgaon Pin 425336. Maharashtra |
These details are essential not only for online banking users but also for businesses and individuals who use Union Bank Of India in Jalgaon for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0541222 for the Sangvi 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Union Bank Of India located in Sangvi, Jalgaon, Maharashtra, is provided a unique IFSC like UBIN0541222 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 Jalgaon.
- 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 Jalgaon and Sangvi.
- 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Union Bank Of India in Sangvi do not get misguided to another person.
Format of the IFSC Code UBIN0541222
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 Sangvi in Jalgaon.
For example, the IFSC Code UBIN0541222 of Union Bank Of India for the Sangvi branch includes these elements, identifying the bank and the branch location in Jalgaon and Maharashtra accurately.
How to Find IFSC Code for Union Bank Of India?
If you are looking for the IFSC Code UBIN0541222 of Union Bank Of India for its Sangvi branch located in Jalgaon, 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 Jalgaon and Sangvi, 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 Sangvi or Jalgaon to get the exact IFSC Code UBIN0541222.
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 Jalgaon, then it will provide you proper information.
How to Use IFSC Code UBIN0541222 for Online Transfers?
Once you have the IFSC Code UBIN0541222 for the Sangvi branch of Union Bank Of India in Jalgaon, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0541222. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Union Bank Of India IFSC Code UBIN0541222.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Union Bank Of India Sangvi in Jalgaon, it can 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 Sangvi, 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 Jalgaon manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0541222.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is At Post Sangvi Taluka Yaval Dist.Jalgaon Pin 425336. Maharashtra located in Jalgaon, Sangvi, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.