IFSC Code of Union Bank Of India, Peroorkada, Peroor Kara, Kerala — UBIN0554499

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 Peroorkada branch in Kottayam, Peroor Kara, Kerala, 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 Kottayam or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code UBIN0554499. 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, Peroorkada, Kottayam

Below in the table are the key details related to IFSC Code UBIN0554499 of Union Bank Of India for its branch located in Kottayam, within the district of Peroor Kara in the state of Kerala.

These details are essential not only for online banking users but also for businesses and individuals who use Union Bank Of India in Kottayam for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0554499 for the Peroorkada branch of Union Bank Of India plays an 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 UBIN0554499 is given to every bank branch, including Union Bank Of India located in Peroorkada, Kottayam, Kerala, 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 Kottayam.
• 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 Kottayam and Peroor Kara.
• 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 Kerala and the rest of India, which is why the IFSC Code ensures that transactions meant for Union Bank Of India in Peroorkada doesn't end up at another location.

Format of the IFSC Code UBIN0554499

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 Peroorkada in Kottayam.

For example, the IFSC Code UBIN0554499 of Union Bank Of India for the Peroorkada branch has these elements, identifying the bank and the branch location in Kottayam and Kerala correctly.

How to Find IFSC Code for Union Bank Of India?

To find the IFSC Code UBIN0554499 of Union Bank Of India for its Peroorkada branch located in Kottayam, 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 Kottayam and Peroor Kara, 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 Peroorkada or Kottayam to find the exact IFSC Code UBIN0554499.

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 Kottayam will provide accurate information.

How to Use IFSC Code UBIN0554499 for Online Transfers?

If you have the IFSC Code UBIN0554499 for the Peroorkada branch of Union Bank Of India in Kottayam, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0554499. Transfers are processed in batches. 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. Asks for the recipient's account details and Union Bank Of India IFSC Code UBIN0554499.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Union Bank Of India Peroorkada in Kottayam, it may 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 Peroorkada, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Kottayam to handle online money transfers and get their cheques cleared smoothly.