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 Modasa branch in Sabarkantha, Modasa, Gujarat, 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 Sabarkantha or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UBIN0555207. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Union Bank Of India, Modasa, Sabarkantha
Below in the table are the key details related to IFSC Code UBIN0555207 of Union Bank Of India for its branch located in Sabarkantha, within the district of Modasa in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0555207 |
| Branch | Modasa |
| City | Sabarkantha |
| District | Modasa |
| State | Gujarat |
| Address | Pushpak Complex, 5, Shyamnagar,Opp. Iti, Malpur Road, Modasa - 385 315,Dist. Sabarkantha, Gujarat. |
These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Sabarkantha for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0555207 for the Modasa 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 Modasa, Sabarkantha, Gujarat, are allotted a unique IFSC like UBIN0555207 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sabarkantha.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Sabarkantha and Modasa.
- 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 Modasa reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code UBIN0555207
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 Modasa in Sabarkantha.
For example, the IFSC Code UBIN0555207 of Union Bank Of India for the Modasa branch includes these elements, identifying the bank and the branch location in Sabarkantha and Gujarat correctly.
How to Find IFSC Code for Union Bank Of India?
To find the IFSC Code UBIN0555207 of Union Bank Of India for its Modasa branch located in Sabarkantha, 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 Sabarkantha and Modasa, 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 Modasa or Sabarkantha to find the exact IFSC Code UBIN0555207.
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 Sabarkantha will provide accurate information.
How to Use IFSC Code UBIN0555207 for Online Transfers?
Once you have the IFSC Code UBIN0555207 for the Modasa branch of Union Bank Of India in Sabarkantha, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0555207. 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 UBIN0555207.
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 Modasa in Sabarkantha, 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 Modasa, 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 Sabarkantha manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Modasa Sabarkantha branch is UBIN0555207.
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 Pushpak Complex, 5, Shyamnagar,Opp. Iti, Malpur Road, Modasa - 385 315,Dist. Sabarkantha, Gujarat..
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.