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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Union Bank Of India for its Fi Bhadudih branch in Pasc Singhbum, Chilgu, or Jharkhand, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Union Bank Of India located in Pasc Singhbum or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code UBIN0564702. 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, Fi Bhadudih, Pasc Singhbum

Here are the key points that are associated with the IFSC Code UBIN0564702 of Union Bank Of India for its branch located in Pasc Singhbum, within the district of Chilgu in the state of Jharkhand.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0564702
Branch Fi Bhadudih
City Pasc Singhbum
District Chilgu
State Jharkhand
Address H O Sri Birendra Chand Mahato Chilgu Saraikea Chilgu Pincode 832401

These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Pasc Singhbum for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0564702 for the Fi Bhadudih branch of Union Bank Of India is vital.

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 UBIN0564702 is given to every bank branch, including Union Bank Of India located in Fi Bhadudih, Pasc Singhbum, Jharkhand, 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 Pasc Singhbum.
  • 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 Pasc Singhbum and Chilgu.
  • 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 Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Union Bank Of India in Fi Bhadudih doesn't end up at another location.

Format of the IFSC Code UBIN0564702

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 Fi Bhadudih in Pasc Singhbum.

For example, the IFSC Code UBIN0564702 of Union Bank Of India for the Fi Bhadudih branch includes these elements, identifying the bank and the branch location in Pasc Singhbum and Jharkhand accurately.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0564702 of Union Bank Of India for its Fi Bhadudih branch located in Pasc Singhbum, 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 Pasc Singhbum and Chilgu, 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 Fi Bhadudih or Pasc Singhbum to get the exact IFSC Code UBIN0564702.

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 Pasc Singhbum, you'll get the correct details.

How to Use IFSC Code UBIN0564702 for Online Transfers?

Once you have the IFSC Code UBIN0564702 for the Fi Bhadudih branch of Union Bank Of India in Pasc Singhbum, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0564702. 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 UBIN0564702.

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 Fi Bhadudih in Pasc Singhbum, 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 Fi Bhadudih, 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 Pasc Singhbum manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India Fi Bhadudih Pasc Singhbum?

The IFSC Code of the Fi Bhadudih Pasc Singhbum branch is UBIN0564702.

Is IFSC Code UBIN0564702 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Union Bank Of India Fi Bhadudih branch?

The branch is located at H O Sri Birendra Chand Mahato Chilgu Saraikea Chilgu Pincode 832401.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.