IFSC Code of Union Bank Of India, 150 Feet Ring Road, Rajkot, Gujarat — UBIN0557803

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 150 Feet Ring Road branch in Rajkot, Rajkot, Gujarat, 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 Rajkot or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code UBIN0557803. 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, 150 Feet Ring Road, Rajkot

Here are some of the key details that come with the IFSC Code UBIN0557803 of Union Bank Of India for its branch located in Rajkot, within the district of Rajkot in the state of Gujarat.

These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Rajkot for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0557803 for the 150 Feet Ring Road 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, including Union Bank Of India located in 150 Feet Ring Road, Rajkot, Gujarat, is provided with a unique IFSC like UBIN0557803 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 Rajkot.
• 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 Rajkot and Rajkot.
• 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 Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Union Bank Of India in 150 Feet Ring Road do not get mixed with another location.

Format of the IFSC Code UBIN0557803

The format of the IFSC Code for banks, including Union Bank Of India, has 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 150 Feet Ring Road in Rajkot.

For example, the IFSC Code UBIN0557803 of Union Bank Of India for the 150 Feet Ring Road branch includes these elements, identifying the bank and the branch location in Rajkot and Gujarat correctly.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0557803 of Union Bank Of India for its 150 Feet Ring Road branch located in Rajkot, the following methods can help:

Cheque Book

The cheque books that are issued by Union Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Union Bank Of India branches in Rajkot and Rajkot, 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 find the branch locator section. Search for 150 Feet Ring Road or Rajkot to get the exact IFSC Code UBIN0557803.

Mobile Banking App

If you use Union Bank Of India's mobile app, you can easily 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 to help you in searching for Union Bank Of India and Rajkot that will provide accurate information.

How to Use IFSC Code UBIN0557803 for Online Transfers?

Once you have the IFSC Code UBIN0557803 for the 150 Feet Ring Road branch of Union Bank Of India in Rajkot, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0557803. 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 UBIN0557803.

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 150 Feet Ring Road in Rajkot, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Union Bank Of India in 150 Feet Ring Road, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Rajkot manage their online transfers and cheque clearances easily.