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IFSC Code of Union Bank Of India, Nare Ambegaon, Pune, Maharashtra — UBIN0560901

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 Nare Ambegaon branch in Pune, Pune, Maharashtra, 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 Pune or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code UBIN0560901. 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, Nare Ambegaon, Pune

Here are the main details that are associated with the IFSC Code UBIN0560901 of Union Bank Of India for its branch located in Pune, within the district of Pune in the state of Maharashtra.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0560901
Branch Nare Ambegaon
City Pune
District Pune
State Maharashtra
Address Navale Prestige Survey No 51 7 1 Old Toll Naka Mumbai Bang Highway Nare Ambegn Pune

These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Pune for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0560901 for the Nare Ambegaon 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 provided by the Reserve Bank of India. Every bank branch, including Union Bank Of India located in Nare Ambegaon, Pune, Maharashtra, is provided with a unique IFSC like UBIN0560901 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 Pune.
  • 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 Pune and Pune.
  • 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Union Bank Of India in Nare Ambegaon do not get mixed with another location.

Format of the IFSC Code UBIN0560901

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 Nare Ambegaon in Pune.

For example, the IFSC Code UBIN0560901 of Union Bank Of India for the Nare Ambegaon branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra correctly.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0560901 of Union Bank Of India for its Nare Ambegaon branch located in Pune, the following methods can help:

Cheque Book

The cheque books that are issued by Union Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Union Bank Of India branches in Pune and Pune, 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 find the branch locator section. Search for Nare Ambegaon or Pune to get the exact IFSC Code UBIN0560901.

Mobile Banking App

If you use Union Bank Of India's mobile app, you can easily 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 to help you in searching for Union Bank Of India and Pune that will provide accurate information.

How to Use IFSC Code UBIN0560901 for Online Transfers?

If you have the IFSC Code UBIN0560901 for the Nare Ambegaon branch of Union Bank Of India in Pune, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0560901. Transfers are processed in batches. 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. Asks for the recipient's account details and Union Bank Of India IFSC Code UBIN0560901.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Union Bank Of India Nare Ambegaon in Pune, it 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 Nare Ambegaon, 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 Pune to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India in Nare Ambegaon, Pune?

The IFSC Code is UBIN0560901.

Is the IFSC Code UBIN0560901 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Union Bank Of India Nare Ambegaon?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Nare Ambegaon branch?

The address of the branch is Navale Prestige Survey No 51 7 1 Old Toll Naka Mumbai Bang Highway Nare Ambegn Pune located in Pune, Pune, Maharashtra.

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.

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