There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Union Bank Of India for its Barman (Dist.Narsinghpur) branch in Narsinghpur, Barman, Madhya Pradesh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Union Bank Of India situated in Narsinghpur or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code UBIN0542270. You should 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, Barman (Dist.Narsinghpur), Narsinghpur

Here are some of the key details that come with the IFSC Code UBIN0542270 of Union Bank Of India for its branch located in Narsinghpur, within the district of Barman in the state of Madhya Pradesh.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0542270
Branch Barman (Dist.Narsinghpur)
City Narsinghpur
District Barman
State Madhya Pradesh
Address Main Road, At And Post Barman,Tehsil Kareli, Dist.Narsinghpur,

These details are essential not only for online banking users but also for businesses and individuals who use Union Bank Of India in Narsinghpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0542270 for the Barman (Dist.Narsinghpur) branch of Union Bank Of India plays an important 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 Barman (Dist.Narsinghpur), Narsinghpur, Madhya Pradesh, are given a unique IFSC like UBIN0542270 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Narsinghpur.
  • 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 Narsinghpur and Barman.
  • 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 Barman (Dist.Narsinghpur) goes to the correct branch. This is important because Union Bank Of India has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UBIN0542270

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): These represent the bank code. In Union Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Barman (Dist.Narsinghpur) in Narsinghpur.

For example, the IFSC Code UBIN0542270 of Union Bank Of India for the Barman (Dist.Narsinghpur) branch has these elements, identifying the bank and the branch location in Narsinghpur and Madhya Pradesh correctly.

How to Find IFSC Code for Union Bank Of India?

If you are looking for the IFSC Code UBIN0542270 of Union Bank Of India for its Barman (Dist.Narsinghpur) branch located in Narsinghpur, 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 Narsinghpur and Barman, 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 Barman (Dist.Narsinghpur) or Narsinghpur to get the exact IFSC Code UBIN0542270.

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 Narsinghpur, then it will provide you proper information.

How to Use IFSC Code UBIN0542270 for Online Transfers?

Once you have the IFSC Code UBIN0542270 for the Barman (Dist.Narsinghpur) branch of Union Bank Of India in Narsinghpur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0542270. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Union Bank Of India IFSC Code UBIN0542270.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Union Bank Of India Barman (Dist.Narsinghpur) in Narsinghpur, it can 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 Barman (Dist.Narsinghpur), 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 Narsinghpur 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 Barman (Dist.Narsinghpur), Narsinghpur?

The IFSC Code is UBIN0542270.

Is the IFSC Code UBIN0542270 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Union Bank Of India Barman (Dist.Narsinghpur)?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Barman (Dist.Narsinghpur) branch?

The address of the branch is Main Road, At And Post Barman,Tehsil Kareli, Dist.Narsinghpur, located in Narsinghpur, Barman, Madhya Pradesh.

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.