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 Nabarangpur branch in Nabarangpur, Nabarangpur, Odisha, 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 Nabarangpur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UBIN0562513. 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, Nabarangpur, Nabarangpur
Below in the table are the key details related to IFSC Code UBIN0562513 of Union Bank Of India for its branch located in Nabarangpur, within the district of Nabarangpur in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0562513 |
| Branch | Nabarangpur |
| City | Nabarangpur |
| District | Nabarangpur |
| State | Odisha |
| Address | Mangalam Timber Junction Main Road Nabarangapur Orissa 764059 |
These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Nabarangpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0562513 for the Nabarangpur branch of Union Bank Of India is vital.
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, including Union Bank Of India located in Nabarangpur, Nabarangpur, Odisha, is provided with a unique IFSC like UBIN0562513 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Union Bank Of India branch in Nabarangpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Nabarangpur and Nabarangpur.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for Union Bank Of India in Nabarangpur do not get mixed with another location.
Format of the IFSC Code UBIN0562513
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 Nabarangpur in Nabarangpur.
For example, the IFSC Code UBIN0562513 of Union Bank Of India for the Nabarangpur branch includes these elements, identifying the bank and the branch location in Nabarangpur and Odisha accurately.
How to Find IFSC Code for Union Bank Of India?
To find the IFSC Code UBIN0562513 of Union Bank Of India for its Nabarangpur branch located in Nabarangpur, 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 Nabarangpur and Nabarangpur, 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 Nabarangpur or Nabarangpur to find the exact IFSC Code UBIN0562513.
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 Nabarangpur will provide accurate information.
How to Use IFSC Code UBIN0562513 for Online Transfers?
Once you have the IFSC Code UBIN0562513 for the Nabarangpur branch of Union Bank Of India in Nabarangpur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0562513. 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 UBIN0562513.
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 Nabarangpur in Nabarangpur 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 Nabarangpur, 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 Nabarangpur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Nabarangpur Nabarangpur branch is UBIN0562513.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Mangalam Timber Junction Main Road Nabarangapur Orissa 764059.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.