The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Union Bank Of India for its Motihari branch in Purbi Champaran, Motihari, Bihar, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Union Bank Of India located in Purbi Champaran or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code UBIN0932434. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Union Bank Of India, Motihari, Purbi Champaran
Here are the main details that are associated with the IFSC Code UBIN0932434 of Union Bank Of India for its branch located in Purbi Champaran, within the district of Motihari in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0932434 |
| Branch | Motihari |
| City | Purbi Champaran |
| District | Motihari |
| State | Bihar |
| Address | Raghuvir Bhawan Balua Tal Motihari Dist East Champaran Bihar |
These details are crucial, not just for online banking users but also for businesses and individuals who use Union Bank Of India in Purbi Champaran for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0932434 for the Motihari branch of Union Bank Of India has 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, along with Union Bank Of India located in Motihari, Purbi Champaran, Bihar, are allotted a unique IFSC like UBIN0932434 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Purbi Champaran.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Purbi Champaran and Motihari.
- 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 Motihari reaches the right place, even though there are thousands of branches in Bihar and across India.
Format of the IFSC Code UBIN0932434
This is the format of the IFSC Code for banks, including Union Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Union Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Motihari in Purbi Champaran.
For example, the IFSC Code UBIN0932434 of Union Bank Of India for the Motihari branch includes these elements, identifying the bank and the branch location in Purbi Champaran and Bihar accurately.
How to Find IFSC Code for Union Bank Of India?
To find the IFSC Code UBIN0932434 of Union Bank Of India for its Motihari branch located in Purbi Champaran, 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 Purbi Champaran and Motihari, 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 Motihari or Purbi Champaran to find the exact IFSC Code UBIN0932434.
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 Purbi Champaran will provide accurate information.
How to Use IFSC Code UBIN0932434 for Online Transfers?
Once you have the IFSC Code UBIN0932434 for the Motihari branch of Union Bank Of India in Purbi Champaran, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UBIN0932434. 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 UBIN0932434.
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 Motihari in Purbi Champaran, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Union Bank Of India in Motihari, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Union Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Purbi Champaran manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Motihari Purbi Champaran branch is UBIN0932434.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Raghuvir Bhawan Balua Tal Motihari Dist East Champaran Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.