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 Niwari branch in Niwari, Niwari, 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 Niwari or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code UBIN0590339. 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, Niwari, Niwari

Here are the main details that are associated with the IFSC Code UBIN0590339 of Union Bank Of India for its branch located in Niwari, within the district of Niwari in the state of Madhya Pradesh.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0590339
Branch Niwari
City Niwari
District Niwari
State Madhya Pradesh
Address Near Block Office, Tehsil Office, Civil Lines, Niwari, District Niwari, M.P.

These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Niwari for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0590339 for the Niwari 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 Niwari, Niwari, Madhya Pradesh, are allotted a unique IFSC like UBIN0590339 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Niwari.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Niwari and Niwari.
  • 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 Niwari reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.

Format of the IFSC Code UBIN0590339

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 Niwari in Niwari.

For example, the IFSC Code UBIN0590339 of Union Bank Of India for the Niwari branch includes these elements, identifying the bank and the branch location in Niwari and Madhya Pradesh accurately.

How to Find IFSC Code for Union Bank Of India?

To find the IFSC Code UBIN0590339 of Union Bank Of India for its Niwari branch located in Niwari, 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 Niwari and Niwari, 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 Niwari or Niwari to find the exact IFSC Code UBIN0590339.

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 Niwari will provide accurate information.

How to Use IFSC Code UBIN0590339 for Online Transfers?

Once you have the IFSC Code UBIN0590339 for the Niwari branch of Union Bank Of India in Niwari, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0590339. 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 UBIN0590339.

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 Niwari in Niwari, it can 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 Niwari, 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 Niwari manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

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

The IFSC Code is UBIN0590339.

Is the IFSC Code UBIN0590339 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 Niwari?

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 Niwari branch?

The address of the branch is Near Block Office, Tehsil Office, Civil Lines, Niwari, District Niwari, M.P. located in Niwari, Niwari, 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.