IFSC Code of Union Bank Of India, Retail Loan Point Jamshedpur, Jamshedpur, Jharkhand- UBIN0583383

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Union Bank Of India for its Retail Loan Point Jamshedpur branch in Purbi Singhbhum, Jamshedpur, Jharkhand, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Union Bank Of India located in Purbi Singhbhum or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code UBIN0583383. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Union Bank Of India, Retail Loan Point Jamshedpur, Purbi Singhbhum

Below in the table are the key details related to IFSC Code UBIN0583383 of Union Bank Of India for its branch located in Purbi Singhbhum, within the district of Jamshedpur in the state of Jharkhand.

These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Purbi Singhbhum for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0583383 for the Retail Loan Point Jamshedpur 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 Retail Loan Point Jamshedpur, Purbi Singhbhum, Jharkhand, are allotted a unique IFSC like UBIN0583383 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 Singhbhum.
• 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 Singhbhum and Jamshedpur.
• 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 Retail Loan Point Jamshedpur reaches the right place, even though there are thousands of branches in Jharkhand and across India.

Format of the IFSC Code UBIN0583383

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): These represent the bank code. In Union Bank Of India, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Retail Loan Point Jamshedpur in Purbi Singhbhum.

For example, the IFSC Code UBIN0583383 of Union Bank Of India for the Retail Loan Point Jamshedpur branch has these elements, identifying the bank and the branch location in Purbi Singhbhum and Jharkhand correctly.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0583383 of Union Bank Of India for its Retail Loan Point Jamshedpur branch located in Purbi Singhbhum, 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 Purbi Singhbhum and Jamshedpur, 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 Retail Loan Point Jamshedpur or Purbi Singhbhum to get the exact IFSC Code UBIN0583383.

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 Purbi Singhbhum, you'll get the correct details.

How to Use IFSC Code UBIN0583383 for Online Transfers?

Once you have the IFSC Code UBIN0583383 for the Retail Loan Point Jamshedpur branch of Union Bank Of India in Purbi Singhbhum, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0583383. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Union Bank Of India IFSC Code UBIN0583383.

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 Retail Loan Point Jamshedpur in Purbi Singhbhum, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Union Bank Of India in Retail Loan Point Jamshedpur, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Purbi Singhbhum manage their online transfers and cheque clearances easily.