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IFSC Code of Union Bank Of India, Sindhanur, Sindhanur, Karnataka — UBIN0574643

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 Sindhanur branch in Raichur, Sindhanur, Karnataka, 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 Raichur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UBIN0574643. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Union Bank Of India, Sindhanur, Raichur

Below in the table are the key details related to IFSC Code UBIN0574643 of Union Bank Of India for its branch located in Raichur, within the district of Sindhanur in the state of Karnataka.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0574643
Branch Sindhanur
City Raichur
District Sindhanur
State Karnataka
Address Rkenterprises Bldg Kustagi Road Sindhanur Karnataka Pincode584128

These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Raichur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0574643 for the Sindhanur 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 Sindhanur, Raichur, Karnataka, is provided with a unique IFSC like UBIN0574643 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 Raichur.
  • 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 Raichur and Sindhanur.
  • 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 Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Union Bank Of India in Sindhanur do not get mixed with another location.

Format of the IFSC Code UBIN0574643

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 Sindhanur in Raichur.

For example, the IFSC Code UBIN0574643 of Union Bank Of India for the Sindhanur branch has these elements, identifying the bank and the branch location in Raichur and Karnataka correctly.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0574643 of Union Bank Of India for its Sindhanur branch located in Raichur, 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 Raichur and Sindhanur, 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 Sindhanur or Raichur to get the exact IFSC Code UBIN0574643.

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 Raichur, you'll get the correct details.

How to Use IFSC Code UBIN0574643 for Online Transfers?

Once you have the IFSC Code UBIN0574643 for the Sindhanur branch of Union Bank Of India in Raichur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0574643. 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 UBIN0574643.

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 Sindhanur in Raichur, 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 Sindhanur, 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 Raichur 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 Sindhanur Raichur?

The IFSC Code of the Sindhanur Raichur branch is UBIN0574643.

Is IFSC Code UBIN0574643 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 Sindhanur branch?

The branch is located at Rkenterprises Bldg Kustagi Road Sindhanur Karnataka Pincode584128.

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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