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 Sarona branch in Raipur, Raipur, Chhatishgarh, 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 Raipur or anywhere in Chhatishgarh can transfer funds instantly by using the correct IFSC Code UBIN0567108. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Union Bank Of India, Sarona, Raipur
Below in the table are the key details related to IFSC Code UBIN0567108 of Union Bank Of India for its branch located in Raipur, within the district of Raipur in the state of Chhatishgarh.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0567108 |
| Branch | Sarona |
| City | Raipur |
| District | Raipur |
| State | Chhatishgarh |
| Address | Main Service Rd Sant Ravidas Ward 70 Sarona Raipur Chhattisgarh492010 |
These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Raipur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0567108 for the Sarona 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, along with Union Bank Of India located in Sarona, Raipur, Chhatishgarh, are allotted a unique IFSC like UBIN0567108 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Raipur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Raipur and Raipur.
- 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 Sarona reaches the right place, even though there are thousands of branches in Chhatishgarh and across India.
Format of the IFSC Code UBIN0567108
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 Sarona in Raipur.
For example, the IFSC Code UBIN0567108 of Union Bank Of India for the Sarona branch includes these elements, identifying the bank and the branch location in Raipur and Chhatishgarh accurately.
How to Find IFSC Code for Union Bank Of India?
If you are looking for the IFSC Code UBIN0567108 of Union Bank Of India for its Sarona branch located in Raipur, the following methods can help:
Cheque Book
The cheque book that is issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Union Bank Of India branches in Raipur and Raipur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Union Bank Of India and look for the branch locator section, then search for Sarona or Raipur to get the exact IFSC Code UBIN0567108.
Mobile Banking App
If you use Union Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Union Bank Of India and Raipur, then it will provide you proper information.
How to Use IFSC Code UBIN0567108 for Online Transfers?
Once you have the IFSC Code UBIN0567108 for the Sarona branch of Union Bank Of India in Raipur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0567108. Transfers are processed in batches. This is 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. Requires the recipient's account details and Union Bank Of India IFSC Code UBIN0567108.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Union Bank Of India Sarona in Raipur 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 Sarona, 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 Raipur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sarona Raipur branch is UBIN0567108.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Main Service Rd Sant Ravidas Ward 70 Sarona Raipur Chhattisgarh492010.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.