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 Goshala Road branch in Nizamabad, Bodhan, Telangana, 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 Nizamabad or anywhere in Telangana can easily transfer funds instantly by using the correct IFSC Code UBIN0814792. 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, Goshala Road, Nizamabad
Here are the main details that are associated with the IFSC Code UBIN0814792 of Union Bank Of India for its branch located in Nizamabad, within the district of Bodhan in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0814792 |
| Branch | Goshala Road |
| City | Nizamabad |
| District | Bodhan |
| State | Telangana |
| Address | Bodhannizambad Dist |
These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Nizamabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0814792 for the Goshala Road 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 Goshala Road, Nizamabad, Telangana, are allotted a unique IFSC like UBIN0814792 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Nizamabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Nizamabad and Bodhan.
- 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 Goshala Road reaches the right place, even though there are thousands of branches in Telangana and across India.
Format of the IFSC Code UBIN0814792
The format of the IFSC Code for banks, including Union Bank Of India, has 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 Goshala Road in Nizamabad.
For example, the IFSC Code UBIN0814792 of Union Bank Of India for the Goshala Road branch includes these elements, identifying the bank and the branch location in Nizamabad and Telangana correctly.
How to Find IFSC Code for Union Bank Of India?
If you are trying to find the IFSC Code UBIN0814792 of Union Bank Of India for its Goshala Road branch located in Nizamabad, the following methods can help:
Cheque Book
The cheque books that are issued by Union Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Union Bank Of India branches in Nizamabad and Bodhan, 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 find the branch locator section. Search for Goshala Road or Nizamabad to get the exact IFSC Code UBIN0814792.
Mobile Banking App
If you use Union Bank Of India's mobile app, you can easily 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 to help you in searching for Union Bank Of India and Nizamabad that will provide accurate information.
How to Use IFSC Code UBIN0814792 for Online Transfers?
Once you have the IFSC Code UBIN0814792 for the Goshala Road branch of Union Bank Of India in Nizamabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UBIN0814792. 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 UBIN0814792.
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 Goshala Road in Nizamabad, your payment can get delayed or might not go through at all.
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 Goshala Road, 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 Nizamabad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0814792.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Bodhannizambad Dist located in Nizamabad, Bodhan, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.