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 Miryalaguda branch in Nalgonda, Miryalguda, Andhra Pradesh, 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 Nalgonda or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code UBIN0556696. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Union Bank Of India, Miryalaguda, Nalgonda
The table below shows the main details of the IFSC Code UBIN0556696 for the Union Bank Of India branch in Nalgonda, which falls under the Miryalguda district in Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0556696 |
| Branch | Miryalaguda |
| City | Nalgonda |
| District | Miryalguda |
| State | Andhra Pradesh |
| Address | 18 704 Near Bus Stand Near Vaishnavi Hotel Ashok Nagar Miryala Guda Dist. Nalgonda Andhra Pradesh 505504 |
These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Nalgonda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0556696 for the Miryalaguda 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 Miryalaguda, Nalgonda, Andhra Pradesh, are given a unique IFSC like UBIN0556696 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Nalgonda.
- 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 Nalgonda and Miryalguda.
- 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 Miryalaguda goes to the correct branch. This is important because Union Bank Of India has thousands of branches in Andhra Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UBIN0556696
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 Miryalaguda in Nalgonda.
For example, the IFSC Code UBIN0556696 of Union Bank Of India for the Miryalaguda branch includes these elements, identifying the bank and the branch location in Nalgonda and Andhra Pradesh accurately.
How to Find IFSC Code for Union Bank Of India?
If you are trying to find the IFSC Code UBIN0556696 of Union Bank Of India for its Miryalaguda branch located in Nalgonda, the following methods can help:
Cheque Book
The cheque book issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Union Bank Of India branches in Nalgonda and Miryalguda, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Union Bank Of India and navigate to the branch locator section. Search for Miryalaguda or Nalgonda to get the exact IFSC Code UBIN0556696.
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 keeps an updated list of all IFSC codes. If you search for Union Bank Of India and Nalgonda, you'll get the correct details.
How to Use IFSC Code UBIN0556696 for Online Transfers?
Once you have the IFSC Code UBIN0556696 for the Miryalaguda branch of Union Bank Of India in Nalgonda, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0556696. 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 UBIN0556696.
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 Miryalaguda in Nalgonda 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 Miryalaguda, 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 Nalgonda to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0556696.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 18 704 Near Bus Stand Near Vaishnavi Hotel Ashok Nagar Miryala Guda Dist. Nalgonda Andhra Pradesh 505504 located in Nalgonda, Miryalguda, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.