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 Kurar branch in Panipat, Kurar, 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 Panipat or anywhere in Haryana can easily transfer funds instantly by using the correct IFSC Code UBIN0545074. 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, Kurar, Panipat
Below in the table are the key details related to IFSC Code UBIN0545074 of Union Bank Of India for its branch located in Panipat, within the district of Kurar in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0545074 |
| Branch | Kurar |
| City | Panipat |
| District | Kurar |
| State | Haryana |
| Address | At Post Kurar Taluka Bapoli Dist. Panipat Haryana Pin 132147 |
These details help users in online banking and for businesses and individuals who use Union Bank Of India in Panipat for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0545074 for the Kurar branch of Union Bank Of India has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like UBIN0545074 is given to every bank branch, including Union Bank Of India located in Kurar, Panipat, Haryana, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Union Bank Of India branch in Panipat.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Panipat and Kurar.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Haryana and the rest of India, which is why the IFSC Code ensures that transactions meant for Union Bank Of India in Kurar doesn't end up at another location.
Format of the IFSC Code UBIN0545074
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 Kurar in Panipat.
For example, the IFSC Code UBIN0545074 of Union Bank Of India for the Kurar branch includes these elements, identifying the bank and the branch location in Panipat and Haryana correctly.
How to Find IFSC Code for Union Bank Of India?
To find the IFSC Code UBIN0545074 of Union Bank Of India for its Kurar branch located in Panipat, 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 Panipat and Kurar, 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 Kurar or Panipat to find the exact IFSC Code UBIN0545074.
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 Panipat will provide accurate information.
How to Use IFSC Code UBIN0545074 for Online Transfers?
Once you have the IFSC Code UBIN0545074 for the Kurar branch of Union Bank Of India in Panipat, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UBIN0545074. 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 UBIN0545074.
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 Kurar in Panipat, your payment can get delayed or might not go through at all.
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 Kurar, 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 Panipat manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0545074.
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 At Post Kurar Taluka Bapoli Dist. Panipat Haryana Pin 132147 located in Panipat, Kurar, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.