IFSC Code of Union Bank Of India, Thelkoli, Sambalpur, Odisha — UBIN0568481

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 Thelkoli branch in Sambalpur, Sambalpur, Odisha, 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 Sambalpur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UBIN0568481. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Union Bank Of India, Thelkoli, Sambalpur

Here are the key points that are associated with the IFSC Code UBIN0568481 of Union Bank Of India for its branch located in Sambalpur, within the district of Sambalpur in the state of Odisha.

These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Sambalpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0568481 for the Thelkoli 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 Thelkoli, Sambalpur, Odisha, is provided with a unique IFSC like UBIN0568481 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 Sambalpur.
• 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 Sambalpur and Sambalpur.
• 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 Odisha and the rest of India and the IFSC Code ensures that transactions meant for Union Bank Of India in Thelkoli do not get mixed with another location.

Format of the IFSC Code UBIN0568481

This is the format of the IFSC Code for banks, including Union Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Union Bank Of India, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Thelkoli in Sambalpur.

For example, the IFSC Code UBIN0568481 of Union Bank Of India for the Thelkoli branch includes these elements, identifying the bank and the branch location in Sambalpur and Odisha accurately.

How to Find IFSC Code for Union Bank Of India?

If you are looking for the IFSC Code UBIN0568481 of Union Bank Of India for its Thelkoli branch located in Sambalpur, 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 Sambalpur and Sambalpur, 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 Thelkoli or Sambalpur to get the exact IFSC Code UBIN0568481.

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 Sambalpur, then it will provide you proper information.

How to Use IFSC Code UBIN0568481 for Online Transfers?

Once you have the IFSC Code UBIN0568481 for the Thelkoli branch of Union Bank Of India in Sambalpur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0568481. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 UBIN0568481.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Union Bank Of India Thelkoli in Sambalpur, your payment can get delayed or might not go through at all.

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 Thelkoli, 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 Sambalpur to handle online money transfers and get their cheques cleared smoothly.