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 Devinagar branch in Panchkula, Panchkula, Haryana, 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 Panchkula or anywhere in Haryana can easily transfer funds instantly by using the correct IFSC Code UBIN0918369. 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, Devinagar, Panchkula
The table below shows the main details of the IFSC Code UBIN0918369 for the Union Bank Of India branch in Panchkula, which falls under the Panchkula district in Haryana.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0918369 |
| Branch | Devinagar |
| City | Panchkula |
| District | Panchkula |
| State | Haryana |
| Address | Hotel Sushant,Vpo Devi Nagar,Distt Panchkula, Haryana 134109 |
These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Panchkula for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0918369 for the Devinagar 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 Devinagar, Panchkula, Haryana, are allotted a unique IFSC like UBIN0918369 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Panchkula.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Panchkula and Panchkula.
- 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 Devinagar reaches the right place, even though there are thousands of branches in Haryana and across India.
Format of the IFSC Code UBIN0918369
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 Devinagar in Panchkula.
For example, the IFSC Code UBIN0918369 of Union Bank Of India for the Devinagar branch includes these elements, identifying the bank and the branch location in Panchkula and Haryana accurately.
How to Find IFSC Code for Union Bank Of India?
If you are looking for the IFSC Code UBIN0918369 of Union Bank Of India for its Devinagar branch located in Panchkula, the following methods can help:
Cheque Book
The cheque book that is issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Union Bank Of India branches in Panchkula and Panchkula, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Union Bank Of India and look for the branch locator section, then search for Devinagar or Panchkula to get the exact IFSC Code UBIN0918369.
Mobile Banking App
If you use Union Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Union Bank Of India and Panchkula, then it will provide you proper information.
How to Use IFSC Code UBIN0918369 for Online Transfers?
Once you have the IFSC Code UBIN0918369 for the Devinagar branch of Union Bank Of India in Panchkula, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0918369. 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 UBIN0918369.
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 Devinagar in Panchkula, it can 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 Devinagar, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Panchkula to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0918369.
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 Hotel Sushant,Vpo Devi Nagar,Distt Panchkula, Haryana 134109 located in Panchkula, Panchkula, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.