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 Bhokara branch in Nagpur, Bhokara, Maharashtra, 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 Nagpur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UBIN0822434. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Union Bank Of India, Bhokara, Nagpur

The table below shows the main details of the IFSC Code UBIN0822434 for the Union Bank Of India branch in Nagpur, which falls under the Bhokara district in Maharashtra.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0822434
Branch Bhokara
City Nagpur
District Bhokara
State Maharashtra
Address Eknath Apartment,Shree Ganesh Nagar,Koradi Road,Bhokara,Nagpur Maharashtra

These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Nagpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0822434 for the Bhokara 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Union Bank Of India located in Bhokara, Nagpur, Maharashtra, are given a unique IFSC like UBIN0822434 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Nagpur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Nagpur and Bhokara.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Union Bank Of India in Bhokara goes to the correct branch. This is important because Union Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UBIN0822434

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): 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 Bhokara in Nagpur.

For example, the IFSC Code UBIN0822434 of Union Bank Of India for the Bhokara branch includes these elements, identifying the bank and the branch location in Nagpur and Maharashtra accurately.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0822434 of Union Bank Of India for its Bhokara branch located in Nagpur, 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 Nagpur and Bhokara, 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 Bhokara or Nagpur to get the exact IFSC Code UBIN0822434.

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 Nagpur that will provide accurate information.

How to Use IFSC Code UBIN0822434 for Online Transfers?

Once you have the IFSC Code UBIN0822434 for the Bhokara branch of Union Bank Of India in Nagpur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0822434. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 UBIN0822434.

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 Bhokara in Nagpur, your payment can get delayed or might not go through at all.

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 Bhokara, 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 Nagpur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India in Bhokara, Nagpur?

The IFSC Code is UBIN0822434.

Is the IFSC Code UBIN0822434 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Union Bank Of India Bhokara?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Bhokara branch?

The address of the branch is Eknath Apartment,Shree Ganesh Nagar,Koradi Road,Bhokara,Nagpur Maharashtra located in Nagpur, Bhokara, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.