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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Union Bank Of India for its Yellareddy branch in Kamareddy, Yellareddy, or Telangana, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Union Bank Of India located in Kamareddy or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code UBIN0826740. 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, Yellareddy, Kamareddy

Here are the key points that are associated with the IFSC Code UBIN0826740 of Union Bank Of India for its branch located in Kamareddy, within the district of Yellareddy in the state of Telangana.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0826740
Branch Yellareddy
City Kamareddy
District Yellareddy
State Telangana
Address H No 6 1 40 1,Opp Church Compound,Main Road,Yellareddy,503122

These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Kamareddy for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0826740 for the Yellareddy 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 Yellareddy, Kamareddy, Telangana, are given a unique IFSC like UBIN0826740 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Kamareddy.
  • 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 Kamareddy and Yellareddy.
  • 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 Yellareddy 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 UBIN0826740

The format of the IFSC Code for banks, including Union Bank Of India, follows 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 Yellareddy in Kamareddy.

For example, the IFSC Code UBIN0826740 of Union Bank Of India for the Yellareddy branch includes these elements, identifying the bank and the branch location in Kamareddy and Telangana accurately.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0826740 of Union Bank Of India for its Yellareddy branch located in Kamareddy, the following methods can help:

Cheque Book

The cheque books that are issued by Union Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Union Bank Of India branches in Kamareddy and Yellareddy, 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 find the branch locator section. Search for Yellareddy or Kamareddy to get the exact IFSC Code UBIN0826740.

Mobile Banking App

If you use Union Bank Of India's mobile app, you can easily 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 to help you in searching for Union Bank Of India and Kamareddy that will provide accurate information.

How to Use IFSC Code UBIN0826740 for Online Transfers?

If you have the IFSC Code UBIN0826740 for the Yellareddy branch of Union Bank Of India in Kamareddy, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0826740. Transfers are processed in batches. 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. Asks for the recipient's account details and Union Bank Of India IFSC Code UBIN0826740.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Union Bank Of India Yellareddy in Kamareddy, it may 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 Yellareddy, 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 Kamareddy manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India in Yellareddy, Kamareddy?

The IFSC Code is UBIN0826740.

Is the IFSC Code UBIN0826740 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Yellareddy branch?

The address of the branch is H No 6 1 40 1,Opp Church Compound,Main Road,Yellareddy,503122 located in Kamareddy, Yellareddy, 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.