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 Uttar Khol branch in Raigad, Uttar Khol, 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 Raigad or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code UBIN0547590. 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, Uttar Khol, Raigad

The table below shows the main details of the IFSC Code UBIN0547590 for the Union Bank Of India branch in Raigad, which falls under the Uttar Khol district in Maharashtra.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0547590
Branch Uttar Khol
City Raigad
District Uttar Khol
State Maharashtra
Address Trimurti Bhavan, At Uttar Khol,Taluka Mangaon, Dist. Raigad,Pin - 402 104. Maharashtra

These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Raigad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0547590 for the Uttar Khol branch of Union Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Union Bank Of India located in Uttar Khol, Raigad, Maharashtra, is provided a unique IFSC like UBIN0547590 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Union Bank Of India branch in Raigad.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Raigad and Uttar Khol.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Union Bank Of India in Uttar Khol do not get misguided to another person.

Format of the IFSC Code UBIN0547590

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 Uttar Khol in Raigad.

For example, the IFSC Code UBIN0547590 of Union Bank Of India for the Uttar Khol 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?

To find the IFSC Code UBIN0547590 of Union Bank Of India for its Uttar Khol branch located in Raigad, 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 Raigad and Uttar Khol, 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 Uttar Khol or Raigad to find the exact IFSC Code UBIN0547590.

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 Raigad will provide accurate information.

How to Use IFSC Code UBIN0547590 for Online Transfers?

Once you have the IFSC Code UBIN0547590 for the Uttar Khol branch of Union Bank Of India in Raigad, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0547590. 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 UBIN0547590.

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 Uttar Khol in Raigad, 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 Uttar Khol, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Raigad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India Uttar Khol Raigad?

The IFSC Code of the Uttar Khol Raigad branch is UBIN0547590.

Is IFSC Code UBIN0547590 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 Uttar Khol branch?

The branch is located at Trimurti Bhavan, At Uttar Khol,Taluka Mangaon, Dist. Raigad,Pin - 402 104. 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.