IFSC Code of Union Bank Of India, Phulbani, Phulbani, Odisha — UBIN0817422

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Union Bank Of India for its Phulbani branch in Kandhamal, Phulbani, Odisha, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Union Bank Of India located in Kandhamal or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UBIN0817422. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Union Bank Of India, Phulbani, Kandhamal

The table below shows the main details of the IFSC Code UBIN0817422 for the Union Bank Of India branch in Kandhamal, which falls under the Phulbani district in Odisha.

These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Kandhamal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0817422 for the Phulbani 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 UBIN0817422 is given to every bank branch, including Union Bank Of India located in Phulbani, Kandhamal, 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 Kandhamal.
• 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 Kandhamal and Phulbani.
• 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 Phulbani doesn't end up at another location.

Format of the IFSC Code UBIN0817422

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): These represent the bank code. In Union Bank Of India, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Phulbani in Kandhamal.

For example, the IFSC Code UBIN0817422 of Union Bank Of India for the Phulbani branch has these elements, identifying the bank and the branch location in Kandhamal and Odisha correctly.

How to Find IFSC Code for Union Bank Of India?

If you are looking for the IFSC Code UBIN0817422 of Union Bank Of India for its Phulbani branch located in Kandhamal, 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 Kandhamal and Phulbani, 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 Phulbani or Kandhamal to get the exact IFSC Code UBIN0817422.

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 Kandhamal, then it will provide you proper information.

How to Use IFSC Code UBIN0817422 for Online Transfers?

Once you have the IFSC Code UBIN0817422 for the Phulbani branch of Union Bank Of India in Kandhamal, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0817422. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 UBIN0817422.

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 Phulbani in Kandhamal, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Union Bank Of India in Phulbani, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Union Bank Of India website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Kandhamal manage online transfers as well as cheque clearances with ease.