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 Sangvi branch in Sangli, Sangvi, Maharashtra, 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 Sangli or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code UBIN0554684. 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, Sangvi, Sangli

Below in the table are the key details related to IFSC Code UBIN0554684 of Union Bank Of India for its branch located in Sangli, within the district of Sangvi in the state of Maharashtra.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0554684
Branch Sangvi
City Sangli
District Sangvi
State Maharashtra
Address S No 69 Narsinha Chowk Shitole Mala Main Road Sangvi Pune 411027

These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Sangli for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0554684 for the Sangvi 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 Sangvi, Sangli, Maharashtra, are allotted a unique IFSC like UBIN0554684 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Sangli.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Sangli and Sangvi.
  • 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 Sangvi reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code UBIN0554684

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 Sangvi in Sangli.

For example, the IFSC Code UBIN0554684 of Union Bank Of India for the Sangvi branch includes these elements, identifying the bank and the branch location in Sangli and Maharashtra accurately.

How to Find IFSC Code for Union Bank Of India?

To find the IFSC Code UBIN0554684 of Union Bank Of India for its Sangvi branch located in Sangli, 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 Sangli and Sangvi, 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 Sangvi or Sangli to find the exact IFSC Code UBIN0554684.

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 Sangli will provide accurate information.

How to Use IFSC Code UBIN0554684 for Online Transfers?

If you have the IFSC Code UBIN0554684 for the Sangvi branch of Union Bank Of India in Sangli, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0554684. 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 UBIN0554684.

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 Sangvi in Sangli, 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 Sangvi, 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 Sangli 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 Sangvi, Sangli?

The IFSC Code is UBIN0554684.

Is the IFSC Code UBIN0554684 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 Sangvi?

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 Sangvi branch?

The address of the branch is S No 69 Narsinha Chowk Shitole Mala Main Road Sangvi Pune 411027 located in Sangli, Sangvi, 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.

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