IFSC Code of Union Bank Of India, Parra, Parra, Goa — UBIN0934411

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Union Bank Of India for its Parra branch in North Goa, Parra, Goa, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Union Bank Of India located in North Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code UBIN0934411. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Union Bank Of India, Parra, North Goa

The table below shows the main details of the IFSC Code UBIN0934411 for the Union Bank Of India branch in North Goa, which falls under the Parra district in Goa.

These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in North Goa for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0934411 for the Parra branch of Union Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Union Bank Of India located in Parra, North Goa, Goa, is provided a unique IFSC like UBIN0934411 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Union Bank Of India branch in North Goa.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like North Goa and Parra.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Goa and the rest of India, the IFSC Code ensures that transactions meant for Union Bank Of India in Parra do not get misguided to another person.

Format of the IFSC Code UBIN0934411

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): 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 Parra in North Goa.

For example, the IFSC Code UBIN0934411 of Union Bank Of India for the Parra branch includes these elements, identifying the bank and the branch location in North Goa and Goa accurately.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0934411 of Union Bank Of India for its Parra branch located in North Goa, the following methods can help:

Cheque Book

The cheque book issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Union Bank Of India branches in North Goa and Parra, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Union Bank Of India and navigate to the branch locator section. Search for Parra or North Goa to get the exact IFSC Code UBIN0934411.

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 keeps an updated list of all IFSC codes. If you search for Union Bank Of India and North Goa, you'll get the correct details.

How to Use IFSC Code UBIN0934411 for Online Transfers?

Once you have the IFSC Code UBIN0934411 for the Parra branch of Union Bank Of India in North Goa, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0934411. Transfers are processed in batches. This is 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. Requires the recipient's account details and Union Bank Of India IFSC Code UBIN0934411.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Union Bank Of India Parra in North Goa may 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 Parra, 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 North Goa manage online transfers as well as cheque clearances with ease.