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 Tekumatla branch in Jayashankar, Tekumatla, Telangana, 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 Jayashankar or anywhere in Telangana can easily transfer funds instantly by using the correct IFSC Code UBIN0823937. 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, Tekumatla, Jayashankar

Here are some of the key details that come with the IFSC Code UBIN0823937 of Union Bank Of India for its branch located in Jayashankar, within the district of Tekumatla in the state of Telangana.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0823937
Branch Tekumatla
City Jayashankar
District Tekumatla
State Telangana
Address D No 1 105,Tekumatla Mandal,Ramakrishnapur,Chityal Mandal,Warangal Dist,506356

These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Jayashankar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0823937 for the Tekumatla 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 provided by the Reserve Bank of India. Every bank branch, along with Union Bank Of India located in Tekumatla, Jayashankar, Telangana, are given a unique IFSC like UBIN0823937 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Jayashankar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Jayashankar and Tekumatla.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Union Bank Of India in Tekumatla goes to the correct branch. This is important because Union Bank Of India has thousands of branches in Telangana and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UBIN0823937

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 Tekumatla in Jayashankar.

For example, the IFSC Code UBIN0823937 of Union Bank Of India for the Tekumatla branch includes these elements, identifying the bank and the branch location in Jayashankar and Telangana accurately.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0823937 of Union Bank Of India for its Tekumatla branch located in Jayashankar, 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

Most banks, including Union Bank Of India branches in Jayashankar and Tekumatla, print the IFSC and MICR codes 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 Tekumatla or Jayashankar to get the exact IFSC Code UBIN0823937.

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 Jayashankar, you'll get the correct details.

How to Use IFSC Code UBIN0823937 for Online Transfers?

Once you have the IFSC Code UBIN0823937 for the Tekumatla branch of Union Bank Of India in Jayashankar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0823937. The transfer is completed in batches instead of instantly. It is useful for both 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 UBIN0823937.

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 Tekumatla in Jayashankar, 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 Tekumatla, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Jayashankar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India in Tekumatla, Jayashankar?

The IFSC Code is UBIN0823937.

Is the IFSC Code UBIN0823937 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Union Bank Of India Tekumatla?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Tekumatla branch?

The address of the branch is D No 1 105,Tekumatla Mandal,Ramakrishnapur,Chityal Mandal,Warangal Dist,506356 located in Jayashankar, Tekumatla, Telangana.

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.