IFSC Code of Union Bank Of India, Model Town Extn, Ludhiana, Ludhiana, Punjab- UBIN0816680

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Union Bank Of India for its Model Town Extn, Ludhiana branch in Ludhiana, Ludhiana, Punjab, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Union Bank Of India located in Ludhiana or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code UBIN0816680. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Union Bank Of India, Model Town Extn, Ludhiana, Ludhiana

Here are the main details that are associated with the IFSC Code UBIN0816680 of Union Bank Of India for its branch located in Ludhiana, within the district of Ludhiana in the state of Punjab.

These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Ludhiana for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0816680 for the Model Town Extn, Ludhiana branch of Union Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Union Bank Of India located in Model Town Extn, Ludhiana, Ludhiana, Punjab, is provided a unique IFSC like UBIN0816680 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Union Bank Of India branch in Ludhiana.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Ludhiana and Ludhiana.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Punjab and the rest of India, the IFSC Code ensures that transactions meant for Union Bank Of India in Model Town Extn, Ludhiana do not get misguided to another person.

Format of the IFSC Code UBIN0816680

The format of the IFSC Code for banks, including Union Bank Of India, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): Show the bank code. For Union Bank Of India, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Model Town Extn, Ludhiana in Ludhiana.

For example, the IFSC Code UBIN0816680 of Union Bank Of India for the Model Town Extn, Ludhiana branch includes these elements, identifying the bank and the branch location in Ludhiana and Punjab correctly.

How to Find IFSC Code for Union Bank Of India?

If you are looking for the IFSC Code UBIN0816680 of Union Bank Of India for its Model Town Extn, Ludhiana branch located in Ludhiana, 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 Ludhiana and Ludhiana, 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 Model Town Extn, Ludhiana or Ludhiana to get the exact IFSC Code UBIN0816680.

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 Ludhiana, then it will provide you proper information.

How to Use IFSC Code UBIN0816680 for Online Transfers?

Once you have the IFSC Code UBIN0816680 for the Model Town Extn, Ludhiana branch of Union Bank Of India in Ludhiana, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0816680. 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 UBIN0816680.

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 Model Town Extn, Ludhiana in Ludhiana 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 Model Town Extn, Ludhiana, 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 Ludhiana manage online transfers as well as cheque clearances with ease.