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 Beohari branch in Shahdol, Shahdol, Madhya Pradesh, 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 Shahdol or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UBIN0576433. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Union Bank Of India, Beohari, Shahdol
Here are the key points that are associated with the IFSC Code UBIN0576433 of Union Bank Of India for its branch located in Shahdol, within the district of Shahdol in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0576433 |
| Branch | Beohari |
| City | Shahdol |
| District | Shahdol |
| State | Madhya Pradesh |
| Address | New Mrkt Main Road Distshahdol Shahdol Madhya Pradesh Pin 484774 |
These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Shahdol for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0576433 for the Beohari 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 that is provided by the Reserve Bank of India. A unique IFSC like UBIN0576433 is given to every bank branch, including Union Bank Of India located in Beohari, Shahdol, 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 Shahdol.
- 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 Shahdol and Shahdol.
- 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 Beohari doesn't end up at another location.
Format of the IFSC Code UBIN0576433
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 Beohari in Shahdol.
For example, the IFSC Code UBIN0576433 of Union Bank Of India for the Beohari branch includes these elements, identifying the bank and the branch location in Shahdol and Madhya Pradesh correctly.
How to Find IFSC Code for Union Bank Of India?
To find the IFSC Code UBIN0576433 of Union Bank Of India for its Beohari branch located in Shahdol, 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 Shahdol and Shahdol, 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 Beohari or Shahdol to find the exact IFSC Code UBIN0576433.
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 Shahdol will provide accurate information.
How to Use IFSC Code UBIN0576433 for Online Transfers?
Once you have the IFSC Code UBIN0576433 for the Beohari branch of Union Bank Of India in Shahdol, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0576433. 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 UBIN0576433.
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 Beohari in Shahdol, it can 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 Beohari, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Shahdol manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0576433.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is New Mrkt Main Road Distshahdol Shahdol Madhya Pradesh Pin 484774 located in Shahdol, Shahdol, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.