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IFSC Code of Union Bank Of India, Chandni Chowk - New Delhi, Delhi, Delhi — UBIN0530719

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 Chandni Chowk - New Delhi branch in New Delhi, Delhi, Delhi, 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 New Delhi or anywhere in Delhi can easily transfer funds instantly by using the correct IFSC Code UBIN0530719. 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, Chandni Chowk - New Delhi, New Delhi

The table below shows the main details of the IFSC Code UBIN0530719 for the Union Bank Of India branch in New Delhi, which falls under the Delhi district in Delhi.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0530719
Branch Chandni Chowk - New Delhi
City New Delhi
District Delhi
State Delhi
Address 625, Chandni Chowk,P.B. No. 1522, New Delhi,Pin - 110 006.

These details are essential not only for online banking users but also for businesses and individuals who use Union Bank Of India in New Delhi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0530719 for the Chandni Chowk - New Delhi 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 Chandni Chowk - New Delhi, New Delhi, Delhi, are given a unique IFSC like UBIN0530719 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in New Delhi.
  • 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 New Delhi and Delhi.
  • 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 Chandni Chowk - New Delhi goes to the correct branch. This is important because Union Bank Of India has thousands of branches in Delhi and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UBIN0530719

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 Chandni Chowk - New Delhi in New Delhi.

For example, the IFSC Code UBIN0530719 of Union Bank Of India for the Chandni Chowk - New Delhi branch includes these elements, identifying the bank and the branch location in New Delhi and Delhi accurately.

How to Find IFSC Code for Union Bank Of India?

To find the IFSC Code UBIN0530719 of Union Bank Of India for its Chandni Chowk - New Delhi branch located in New Delhi, 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 New Delhi and Delhi, 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 Chandni Chowk - New Delhi or New Delhi to find the exact IFSC Code UBIN0530719.

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 New Delhi will provide accurate information.

How to Use IFSC Code UBIN0530719 for Online Transfers?

Once you have the IFSC Code UBIN0530719 for the Chandni Chowk - New Delhi branch of Union Bank Of India in New Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0530719. The transfer is completed in batches instead of instantly. It is useful for both 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 UBIN0530719.

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 Chandni Chowk - New Delhi in New Delhi, 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 Chandni Chowk - New Delhi, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in New Delhi manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India in Chandni Chowk - New Delhi, New Delhi?

The IFSC Code is UBIN0530719.

Is the IFSC Code UBIN0530719 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 Chandni Chowk - New Delhi?

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 Chandni Chowk - New Delhi branch?

The address of the branch is 625, Chandni Chowk,P.B. No. 1522, New Delhi,Pin - 110 006. located in New Delhi, Delhi, Delhi.

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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