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IFSC Code of Union Bank Of India, Transport Nagar, Satna, Satna, Madhya Pradesh — UBIN0564176

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 Transport Nagar, Satna branch in Satna, Satna, Madhya Pradesh, 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 Satna or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UBIN0564176. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Union Bank Of India, Transport Nagar, Satna, Satna

The table below shows the main details of the IFSC Code UBIN0564176 for the Union Bank Of India branch in Satna, which falls under the Satna district in Madhya Pradesh.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0564176
Branch Transport Nagar, Satna
City Satna
District Satna
State Madhya Pradesh
Address Satna Motor Transport ,Association,2/1 Transp ,Satna, Pincode- 485001

These details are crucial, not just for online banking users but also for businesses and individuals who use Union Bank Of India in Satna for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0564176 for the Transport Nagar, Satna branch of Union Bank Of India has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like UBIN0564176 is given to every bank branch, including Union Bank Of India located in Transport Nagar, Satna, Satna, Madhya Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Union Bank Of India branch in Satna.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Satna and Satna.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Union Bank Of India in Transport Nagar, Satna doesn't end up at another location.

Format of the IFSC Code UBIN0564176

The format of the IFSC Code for banks, including Union Bank Of India, follows 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 Transport Nagar, Satna in Satna.

For example, the IFSC Code UBIN0564176 of Union Bank Of India for the Transport Nagar, Satna 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?

To find the IFSC Code UBIN0564176 of Union Bank Of India for its Transport Nagar, Satna branch located in Satna, 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 Satna and Satna, 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 Transport Nagar, Satna or Satna to find the exact IFSC Code UBIN0564176.

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 Satna will provide accurate information.

How to Use IFSC Code UBIN0564176 for Online Transfers?

Once you have the IFSC Code UBIN0564176 for the Transport Nagar, Satna branch of Union Bank Of India in Satna, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0564176. 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 UBIN0564176.

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 Transport Nagar, Satna in Satna, 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 Transport Nagar, Satna, 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 Satna manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India Transport Nagar, Satna Satna?

The IFSC Code of the Transport Nagar, Satna Satna branch is UBIN0564176.

Is IFSC Code UBIN0564176 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Union Bank Of India Transport Nagar, Satna branch?

The branch is located at Satna Motor Transport ,Association,2/1 Transp ,Satna, Pincode- 485001.

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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