IFSC Code of Union Bank Of India, Mahadwar Road, Kolhapur, Maharashtra — UBIN0564109

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Union Bank Of India for its Mahadwar Road branch in Kolhapur, Kolhapur, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Union Bank Of India located in Kolhapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UBIN0564109. 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, Mahadwar Road, Kolhapur

Here are the main details that are associated with the IFSC Code UBIN0564109 of Union Bank Of India for its branch located in Kolhapur, within the district of Kolhapur in the state of Maharashtra.

These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Kolhapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0564109 for the Mahadwar Road 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 Mahadwar Road, Kolhapur, Maharashtra, are given a unique IFSC like UBIN0564109 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Kolhapur.
• 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 Kolhapur and Kolhapur.
• 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 Mahadwar Road goes to the correct branch. This is important because Union Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UBIN0564109

This is the format of the IFSC Code for banks, including Union Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Union Bank Of India, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Mahadwar Road in Kolhapur.

For example, the IFSC Code UBIN0564109 of Union Bank Of India for the Mahadwar Road branch includes these elements, identifying the bank and the branch location in Kolhapur and Maharashtra accurately.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0564109 of Union Bank Of India for its Mahadwar Road branch located in Kolhapur, 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 Kolhapur and Kolhapur, 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 Mahadwar Road or Kolhapur to get the exact IFSC Code UBIN0564109.

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 Kolhapur that will provide accurate information.

How to Use IFSC Code UBIN0564109 for Online Transfers?

Once you have the IFSC Code UBIN0564109 for the Mahadwar Road branch of Union Bank Of India in Kolhapur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0564109. 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 UBIN0564109.

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 Mahadwar Road in Kolhapur 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 Mahadwar Road, 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 Kolhapur manage their online transfers and cheque clearances easily.