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 Assandh branch in Karnal, Karnal, Haryana, 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 Karnal or anywhere in Haryana can easily transfer funds instantly by using the correct IFSC Code UBIN0568163. 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, Assandh, Karnal
Below in the table are the key details related to IFSC Code UBIN0568163 of Union Bank Of India for its branch located in Karnal, within the district of Karnal in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0568163 |
| Branch | Assandh |
| City | Karnal |
| District | Karnal |
| State | Haryana |
| Address | Assandh-Karnal Road Nr Anaj Mandi,Assandh Karnal Haryana Pincode-132039 |
These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Karnal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0568163 for the Assandh 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 Assandh, Karnal, Haryana, are given a unique IFSC like UBIN0568163 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Karnal.
- 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 Karnal and Karnal.
- 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 Assandh goes to the correct branch. This is important because Union Bank Of India has thousands of branches in Haryana and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UBIN0568163
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 Assandh in Karnal.
For example, the IFSC Code UBIN0568163 of Union Bank Of India for the Assandh branch includes these elements, identifying the bank and the branch location in Karnal and Haryana accurately.
How to Find IFSC Code for Union Bank Of India?
If you are looking for the IFSC Code UBIN0568163 of Union Bank Of India for its Assandh branch located in Karnal, 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 Karnal and Karnal, 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 Assandh or Karnal to get the exact IFSC Code UBIN0568163.
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 Karnal, then it will provide you proper information.
How to Use IFSC Code UBIN0568163 for Online Transfers?
Once you have the IFSC Code UBIN0568163 for the Assandh branch of Union Bank Of India in Karnal, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0568163. Transfers are processed in batches. This is 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. Requires the recipient's account details and Union Bank Of India IFSC Code UBIN0568163.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Union Bank Of India Assandh in Karnal may result in delayed or failed transactions.
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 Assandh, 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 Karnal manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0568163.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Assandh-Karnal Road Nr Anaj Mandi,Assandh Karnal Haryana Pincode-132039 located in Karnal, Karnal, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.