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 Shriwardhan branch in Raigad, Shriwardhan, Maharashtra, 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 Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UBIN0567353. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Union Bank Of India, Shriwardhan, Raigad
Here are the main details that are associated with the IFSC Code UBIN0567353 of Union Bank Of India for its branch located in Raigad, within the district of Shriwardhan in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0567353 |
| Branch | Shriwardhan |
| City | Raigad |
| District | Shriwardhan |
| State | Maharashtra |
| Address | Manas , Vani Alli Shivaji Road Shriwardhan Maharashtra Pincode-402110 |
These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Raigad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0567353 for the Shriwardhan 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 Shriwardhan, Raigad, Maharashtra, are given a unique IFSC like UBIN0567353 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Raigad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Raigad and Shriwardhan.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Union Bank Of India in Shriwardhan goes to the correct branch. This is important because Union Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UBIN0567353
The format of the IFSC Code for banks, including Union Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Union Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Shriwardhan in Raigad.
For example, the IFSC Code UBIN0567353 of Union Bank Of India for the Shriwardhan branch includes these elements, identifying the bank and the branch location in Raigad and Maharashtra accurately.
How to Find IFSC Code for Union Bank Of India?
If you are trying to find the IFSC Code UBIN0567353 of Union Bank Of India for its Shriwardhan branch located in Raigad, 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 Raigad and Shriwardhan, 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 Shriwardhan or Raigad to get the exact IFSC Code UBIN0567353.
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 Raigad, you'll get the correct details.
How to Use IFSC Code UBIN0567353 for Online Transfers?
If you have the IFSC Code UBIN0567353 for the Shriwardhan branch of Union Bank Of India in Raigad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0567353. 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 UBIN0567353.
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 Shriwardhan in Raigad, 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 Shriwardhan, 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 Raigad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0567353.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Manas , Vani Alli Shivaji Road Shriwardhan Maharashtra Pincode-402110 located in Raigad, Shriwardhan, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.