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 Tasgaon branch in Sangli, Tasgaon, Maharashtra, 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 Sangli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UBIN0547123. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Union Bank Of India, Tasgaon, Sangli
The table below shows the main details of the IFSC Code UBIN0547123 for the Union Bank Of India branch in Sangli, which falls under the Tasgaon district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0547123 |
| Branch | Tasgaon |
| City | Sangli |
| District | Tasgaon |
| State | Maharashtra |
| Address | Pawar Building, Vita Road, Tasgaon, Post Box No. 7, Dist. Sangli,Pin - 416 312. Maharashtra |
These details are essential not only for online banking users but also for businesses and individuals who use Union Bank Of India in Sangli for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0547123 for the Tasgaon branch of Union Bank Of India plays an important 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 Tasgaon, Sangli, Maharashtra, are allotted a unique IFSC like UBIN0547123 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 Tasgaon.
- 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 Tasgaon reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code UBIN0547123
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 Tasgaon in Sangli.
For example, the IFSC Code UBIN0547123 of Union Bank Of India for the Tasgaon branch includes these elements, identifying the bank and the branch location in Sangli and Maharashtra correctly.
How to Find IFSC Code for Union Bank Of India?
If you are looking for the IFSC Code UBIN0547123 of Union Bank Of India for its Tasgaon branch located in Sangli, 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 Sangli and Tasgaon, 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 Tasgaon or Sangli to get the exact IFSC Code UBIN0547123.
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 Sangli, then it will provide you proper information.
How to Use IFSC Code UBIN0547123 for Online Transfers?
Once you have the IFSC Code UBIN0547123 for the Tasgaon branch of Union Bank Of India in Sangli, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UBIN0547123. The transfer is completed in batches instead of instantly. It is useful for both 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 UBIN0547123.
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 Tasgaon in Sangli, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Union Bank Of India in Tasgaon, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Union Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Sangli manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0547123.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Pawar Building, Vita Road, Tasgaon, Post Box No. 7, Dist. Sangli,Pin - 416 312. Maharashtra located in Sangli, Tasgaon, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.