IFSC Code of Union Bank Of India, Maihar, Maihar, Madhya Pradesh — UBIN0561258

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Union Bank Of India for its Maihar branch in Satna, Maihar, or Madhya Pradesh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Union Bank Of India located in Satna or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UBIN0561258. You should definitely 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, Maihar, Satna

Here are the key points that are associated with the IFSC Code UBIN0561258 of Union Bank Of India for its branch located in Satna, within the district of Maihar in the state of Madhya Pradesh.

These details are essential not only for online banking users but also for businesses and individuals who use Union Bank Of India in Satna for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0561258 for the Maihar 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 Maihar, Satna, Madhya Pradesh, are allotted a unique IFSC like UBIN0561258 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code UBIN0561258

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

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Union Bank Of India, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Maihar in Satna.

For example, the IFSC Code UBIN0561258 of Union Bank Of India for the Maihar branch includes these elements, identifying the bank and the branch location in Satna and Madhya Pradesh accurately.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0561258 of Union Bank Of India for its Maihar branch located in Satna, the following methods can help:

Cheque Book

The cheque book issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Union Bank Of India branches in Satna and Maihar, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Union Bank Of India and navigate to the branch locator section. Search for Maihar or Satna to get the exact IFSC Code UBIN0561258.

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 keeps an updated list of all IFSC codes. If you search for Union Bank Of India and Satna, you'll get the correct details.

How to Use IFSC Code UBIN0561258 for Online Transfers?

Once you have the IFSC Code UBIN0561258 for the Maihar branch of Union Bank Of India in Satna, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0561258. Transfers are processed in batches. This is 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. Requires the recipient's account details and Union Bank Of India IFSC Code UBIN0561258.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Union Bank Of India Maihar in Satna 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 Maihar, 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 Satna to handle online money transfers and get their cheques cleared smoothly.