IFSC Code of Union Bank Of India, Peetal Basti - Moradabad, Moradabad, Uttar Pradesh — UBIN0551848

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 Peetal Basti - Moradabad branch in Moradabad, Moradabad, or Uttar Pradesh, 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 Moradabad or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code UBIN0551848. 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, Peetal Basti - Moradabad, Moradabad

The table below shows the main details of the IFSC Code UBIN0551848 for the Union Bank Of India branch in Moradabad, which falls under the Moradabad district in Uttar Pradesh.

These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Moradabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0551848 for the Peetal Basti - Moradabad 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Union Bank Of India located in Peetal Basti - Moradabad, Moradabad, Uttar Pradesh, is provided a unique IFSC like UBIN0551848 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 Moradabad.
• 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 Moradabad and Moradabad.
• 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 Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Union Bank Of India in Peetal Basti - Moradabad do not get misguided to another person.

Format of the IFSC Code UBIN0551848

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 Peetal Basti - Moradabad in Moradabad.

For example, the IFSC Code UBIN0551848 of Union Bank Of India for the Peetal Basti - Moradabad branch includes these elements, identifying the bank and the branch location in Moradabad and Uttar Pradesh accurately.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0551848 of Union Bank Of India for its Peetal Basti - Moradabad branch located in Moradabad, 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 Moradabad and Moradabad, 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 Peetal Basti - Moradabad or Moradabad to get the exact IFSC Code UBIN0551848.

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 Moradabad that will provide accurate information.

How to Use IFSC Code UBIN0551848 for Online Transfers?

Once you have the IFSC Code UBIN0551848 for the Peetal Basti - Moradabad branch of Union Bank Of India in Moradabad, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0551848. 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 UBIN0551848.

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 Peetal Basti - Moradabad in Moradabad may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Union Bank Of India in Peetal Basti - Moradabad, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Union Bank Of India website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Moradabad manage online transfers as well as cheque clearances with ease.