IFSC Code of Union Bank Of India, Jharsuguda, Jharsuguda, Odisha — UBIN0929255

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 Jharsuguda branch in Jharsuguda, Jharsuguda, Odisha, 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 Jharsuguda or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code UBIN0929255. 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, Jharsuguda, Jharsuguda

Below in the table are the key details related to IFSC Code UBIN0929255 of Union Bank Of India for its branch located in Jharsuguda, within the district of Jharsuguda in the state of Odisha.

These details are essential not only for online banking users but also for businesses and individuals who use Union Bank Of India in Jharsuguda for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0929255 for the Jharsuguda 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 UBIN0929255 is given to every bank branch, including Union Bank Of India located in Jharsuguda, Jharsuguda, 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 Jharsuguda.
• 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 Jharsuguda and Jharsuguda.
• 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 Jharsuguda doesn't end up at another location.

Format of the IFSC Code UBIN0929255

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 Jharsuguda in Jharsuguda.

For example, the IFSC Code UBIN0929255 of Union Bank Of India for the Jharsuguda branch includes these elements, identifying the bank and the branch location in Jharsuguda and Odisha correctly.

How to Find IFSC Code for Union Bank Of India?

To find the IFSC Code UBIN0929255 of Union Bank Of India for its Jharsuguda branch located in Jharsuguda, 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 Jharsuguda and Jharsuguda, 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 Jharsuguda or Jharsuguda to find the exact IFSC Code UBIN0929255.

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 Jharsuguda will provide accurate information.

How to Use IFSC Code UBIN0929255 for Online Transfers?

Once you have the IFSC Code UBIN0929255 for the Jharsuguda branch of Union Bank Of India in Jharsuguda, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0929255. 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 UBIN0929255.

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 Jharsuguda in Jharsuguda, 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 Jharsuguda, 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 Jharsuguda to handle online money transfers and get their cheques cleared smoothly.