The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Union Bank Of India for its Jamnagar Municipal Corporation branch in Jamnagar, Jamnagar, Gujarat, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Union Bank Of India located in Jamnagar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UBIN0558508. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Union Bank Of India, Jamnagar Municipal Corporation, Jamnagar
Here are the key points that are associated with the IFSC Code UBIN0558508 of Union Bank Of India for its branch located in Jamnagar, within the district of Jamnagar in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0558508 |
| Branch | Jamnagar Municipal Corporation |
| City | Jamnagar |
| District | Jamnagar |
| State | Gujarat |
| Address | Jamnagar Municipal Corporation Jubilee Garden |
These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Jamnagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0558508 for the Jamnagar Municipal Corporation branch of Union Bank Of India plays a vital 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 UBIN0558508 is given to every bank branch, including Union Bank Of India located in Jamnagar Municipal Corporation, Jamnagar, Gujarat, 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 Jamnagar.
- 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 Jamnagar and Jamnagar.
- 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Union Bank Of India in Jamnagar Municipal Corporation doesn't end up at another location.
Format of the IFSC Code UBIN0558508
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 Jamnagar Municipal Corporation in Jamnagar.
For example, the IFSC Code UBIN0558508 of Union Bank Of India for the Jamnagar Municipal Corporation branch includes these elements, identifying the bank and the branch location in Jamnagar and Gujarat accurately.
How to Find IFSC Code for Union Bank Of India?
If you are looking for the IFSC Code UBIN0558508 of Union Bank Of India for its Jamnagar Municipal Corporation branch located in Jamnagar, 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 Jamnagar and Jamnagar, 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 Jamnagar Municipal Corporation or Jamnagar to get the exact IFSC Code UBIN0558508.
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 Jamnagar, then it will provide you proper information.
How to Use IFSC Code UBIN0558508 for Online Transfers?
Once you have the IFSC Code UBIN0558508 for the Jamnagar Municipal Corporation branch of Union Bank Of India in Jamnagar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0558508. 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 UBIN0558508.
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 Jamnagar Municipal Corporation in Jamnagar, it can 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 Jamnagar Municipal Corporation, 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 Jamnagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0558508.
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 Jamnagar Municipal Corporation Jubilee Garden located in Jamnagar, Jamnagar, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.