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 Mahad branch in Raigadh, Mahad, Maharashtra, 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 Raigadh or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UBIN0576379. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Union Bank Of India, Mahad, Raigadh

Below in the table are the key details related to IFSC Code UBIN0576379 of Union Bank Of India for its branch located in Raigadh, within the district of Mahad in the state of Maharashtra.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0576379
Branch Mahad
City Raigadh
District Mahad
State Maharashtra
Address Punyai 2046 C S T Road Behind S T Depot Pin 402301

These details are crucial, not just for online banking users but also for businesses and individuals who use Union Bank Of India in Raigadh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0576379 for the Mahad 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Union Bank Of India located in Mahad, Raigadh, Maharashtra, is provided a unique IFSC like UBIN0576379 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 Raigadh.
  • 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 Raigadh and Mahad.
  • 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 Mahad do not get misguided to another person.

Format of the IFSC Code UBIN0576379

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): Show the bank code. For Union Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mahad in Raigadh.

For example, the IFSC Code UBIN0576379 of Union Bank Of India for the Mahad branch includes these elements, identifying the bank and the branch location in Raigadh and Maharashtra accurately.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0576379 of Union Bank Of India for its Mahad branch located in Raigadh, 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

You can easily find the IFSC and MICR codes because most banks, including Union Bank Of India branches in Raigadh and Mahad, print them 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 Mahad or Raigadh to get the exact IFSC Code UBIN0576379.

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 Raigadh, you'll get the correct details.

How to Use IFSC Code UBIN0576379 for Online Transfers?

If you have the IFSC Code UBIN0576379 for the Mahad branch of Union Bank Of India in Raigadh, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0576379. 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 UBIN0576379.

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 Mahad in Raigadh, 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 Mahad, 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 Raigadh 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 in Mahad, Raigadh?

The IFSC Code is UBIN0576379.

Is the IFSC Code UBIN0576379 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Union Bank Of India Mahad?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Mahad branch?

The address of the branch is Punyai 2046 C S T Road Behind S T Depot Pin 402301 located in Raigadh, Mahad, 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.