IFSC Code of Union Bank Of India, Palwal, Karnal, Haryana — UBIN0561509

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Union Bank Of India for its Palwal branch in Palwal, Karnal, Haryana, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Union Bank Of India located in Palwal or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code UBIN0561509. You should definitely 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, Palwal, Palwal

The table below shows the main details of the IFSC Code UBIN0561509 for the Union Bank Of India branch in Palwal, which falls under the Karnal district in Haryana.

These details are essential not only for online banking users but also for businesses and individuals who use Union Bank Of India in Palwal for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0561509 for the Palwal 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, including Union Bank Of India located in Palwal, Palwal, Haryana, is provided with a unique IFSC like UBIN0561509 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Union Bank Of India branch in Palwal.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Palwal and Karnal.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Haryana and the rest of India and the IFSC Code ensures that transactions meant for Union Bank Of India in Palwal do not get mixed with another location.

Format of the IFSC Code UBIN0561509

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): These represent the bank code. In Union Bank Of India, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Palwal in Palwal.

For example, the IFSC Code UBIN0561509 of Union Bank Of India for the Palwal branch has these elements, identifying the bank and the branch location in Palwal and Haryana correctly.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0561509 of Union Bank Of India for its Palwal branch located in Palwal, 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 Palwal and Karnal, 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 Palwal or Palwal to get the exact IFSC Code UBIN0561509.

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 Palwal, you'll get the correct details.

How to Use IFSC Code UBIN0561509 for Online Transfers?

Once you have the IFSC Code UBIN0561509 for the Palwal branch of Union Bank Of India in Palwal, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0561509. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 UBIN0561509.

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 Palwal in Palwal, 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 Palwal, 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 Palwal manage their online transfers and cheque clearances easily.