IFSC Code of Union Bank Of India, Currency Chest,Satpur,Nashik, Nashik, Maharashtra — UBIN0584509

The IFSC code of Union Bank Of India, Currency Chest,Satpur,Nashik in Nashik, Maharashtra is UBIN0584509. Use it for NEFT, RTGS and IMPS transfers.

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 Currency Chest,Satpur,Nashik branch in Nashik, Nashik, 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 Nashik or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UBIN0584509. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Union Bank Of India, Currency Chest,Satpur,Nashik, Nashik

Here are the key points that are associated with the IFSC Code UBIN0584509 of Union Bank Of India for its branch located in Nashik, within the district of Nashik in the state of Maharashtra.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0584509
Branch Currency Chest,Satpur,Nashik
City Nashik
District Nashik
State Maharashtra
Address B-50,A Road,Nice,Midc Satpur,Nasik,Maharashtra,Pin-422007

These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Nashik for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0584509 for the Currency Chest,Satpur,Nashik 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, along with Union Bank Of India located in Currency Chest,Satpur,Nashik, Nashik, Maharashtra, are allotted a unique IFSC like UBIN0584509 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It makes sure that money sent to Union Bank Of India in Currency Chest,Satpur,Nashik reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code UBIN0584509

This is the format of the IFSC Code for banks, including Union Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Union Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Currency Chest,Satpur,Nashik in Nashik.

For example, the IFSC Code UBIN0584509 of Union Bank Of India for the Currency Chest,Satpur,Nashik branch includes these elements, identifying the bank and the branch location in Nashik and Maharashtra accurately.

How to Find IFSC Code for Union Bank Of India?

If you are looking for the IFSC Code UBIN0584509 of Union Bank Of India for its Currency Chest,Satpur,Nashik branch located in Nashik, 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 Nashik and Nashik, 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 Currency Chest,Satpur,Nashik or Nashik to get the exact IFSC Code UBIN0584509.

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 Nashik, then it will provide you proper information.

How to Use IFSC Code UBIN0584509 for Online Transfers?

If you have the IFSC Code UBIN0584509 for the Currency Chest,Satpur,Nashik branch of Union Bank Of India in Nashik, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0584509. Transfers are processed in batches. 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. Asks for the recipient's account details and Union Bank Of India IFSC Code UBIN0584509.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Union Bank Of India Currency Chest,Satpur,Nashik in Nashik, it 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 Currency Chest,Satpur,Nashik, 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 Nashik manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India in Currency Chest,Satpur,Nashik, Nashik?

The IFSC Code is UBIN0584509.

Is the IFSC Code UBIN0584509 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Union Bank Of India Currency Chest,Satpur,Nashik?

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

What is the full address of the Currency Chest,Satpur,Nashik branch?

The address of the branch is B-50,A Road,Nice,Midc Satpur,Nasik,Maharashtra,Pin-422007 located in Nashik, Nashik, 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.

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