IFSC Code of Union Bank Of India, Prasada Rao Pet-Jeypore, Jeypore, Odisha — UBIN0825042

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 Prasada Rao Pet-Jeypore branch in Koraput, Jeypore, Odisha, 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 Koraput or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code UBIN0825042. 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, Prasada Rao Pet-Jeypore, Koraput

The table below shows the main details of the IFSC Code UBIN0825042 for the Union Bank Of India branch in Koraput, which falls under the Jeypore district in Odisha.

These details help users in online banking and for businesses and individuals who use Union Bank Of India in Koraput for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0825042 for the Prasada Rao Pet-Jeypore branch of Union Bank Of India has a very important 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 UBIN0825042 is given to every bank branch, including Union Bank Of India located in Prasada Rao Pet-Jeypore, Koraput, 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 Koraput.
• 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 Koraput and Jeypore.
• 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 Prasada Rao Pet-Jeypore doesn't end up at another location.

Format of the IFSC Code UBIN0825042

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 Prasada Rao Pet-Jeypore in Koraput.

For example, the IFSC Code UBIN0825042 of Union Bank Of India for the Prasada Rao Pet-Jeypore branch includes these elements, identifying the bank and the branch location in Koraput and Odisha accurately.

How to Find IFSC Code for Union Bank Of India?

If you are looking for the IFSC Code UBIN0825042 of Union Bank Of India for its Prasada Rao Pet-Jeypore branch located in Koraput, 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 Koraput and Jeypore, 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 Prasada Rao Pet-Jeypore or Koraput to get the exact IFSC Code UBIN0825042.

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 Koraput, then it will provide you proper information.

How to Use IFSC Code UBIN0825042 for Online Transfers?

Once you have the IFSC Code UBIN0825042 for the Prasada Rao Pet-Jeypore branch of Union Bank Of India in Koraput, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0825042. The transfer is completed in batches instead of instantly. It is useful for both 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 UBIN0825042.

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 Prasada Rao Pet-Jeypore in Koraput, your payment can get delayed or might not go through at all.

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 Prasada Rao Pet-Jeypore, 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 Koraput manage their online transfers and cheque clearances easily.