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IFSC Code of Union Bank Of India, Mid Corporate Branch Bhubaneshwar, Bhubaneswar, Odisha — UBIN0578827

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 Mid Corporate Branch Bhubaneshwar branch in Khurda, Bhubaneswar, or Odisha, 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 Khurda or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UBIN0578827. 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, Mid Corporate Branch Bhubaneshwar, Khurda

Here are the main details that are associated with the IFSC Code UBIN0578827 of Union Bank Of India for its branch located in Khurda, within the district of Bhubaneswar in the state of Odisha.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0578827
Branch Mid Corporate Branch Bhubaneshwar
City Khurda
District Bhubaneswar
State Odisha
Address Mid Corporate Branch,1St Floor,Bmc Bhawani Enclave,Sahid Nagar,Bhubaneswar 751007

These details are crucial, not just for online banking users but also for businesses and individuals who use Union Bank Of India in Khurda for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0578827 for the Mid Corporate Branch Bhubaneshwar branch of Union Bank Of India has an important 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, including Union Bank Of India located in Mid Corporate Branch Bhubaneshwar, Khurda, Odisha, is provided with a unique IFSC like UBIN0578827 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Union Bank Of India branch in Khurda.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Khurda and Bhubaneswar.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for Union Bank Of India in Mid Corporate Branch Bhubaneshwar do not get mixed with another location.

Format of the IFSC Code UBIN0578827

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 Mid Corporate Branch Bhubaneshwar in Khurda.

For example, the IFSC Code UBIN0578827 of Union Bank Of India for the Mid Corporate Branch Bhubaneshwar branch has these elements, identifying the bank and the branch location in Khurda and Odisha correctly.

How to Find IFSC Code for Union Bank Of India?

To find the IFSC Code UBIN0578827 of Union Bank Of India for its Mid Corporate Branch Bhubaneshwar branch located in Khurda, 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 Khurda and Bhubaneswar, 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 Mid Corporate Branch Bhubaneshwar or Khurda to find the exact IFSC Code UBIN0578827.

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 Khurda will provide accurate information.

How to Use IFSC Code UBIN0578827 for Online Transfers?

Once you have the IFSC Code UBIN0578827 for the Mid Corporate Branch Bhubaneshwar branch of Union Bank Of India in Khurda, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0578827. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Union Bank Of India IFSC Code UBIN0578827.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Union Bank Of India Mid Corporate Branch Bhubaneshwar in Khurda, it can result in delayed or failed transactions.

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 Mid Corporate Branch Bhubaneshwar, 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 Khurda 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 Mid Corporate Branch Bhubaneshwar, Khurda?

The IFSC Code is UBIN0578827.

Is the IFSC Code UBIN0578827 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Union Bank Of India Mid Corporate Branch Bhubaneshwar?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Mid Corporate Branch Bhubaneshwar branch?

The address of the branch is Mid Corporate Branch,1St Floor,Bmc Bhawani Enclave,Sahid Nagar,Bhubaneswar 751007 located in Khurda, Bhubaneswar, Odisha.

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.

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