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 Hinouti branch in Sindi, Hinouti, Madhya Pradesh, 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 Sindi or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code UBIN0547514. 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, Hinouti, Sindi

The table below shows the main details of the IFSC Code UBIN0547514 for the Union Bank Of India branch in Sindi, which falls under the Hinouti district in Madhya Pradesh.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0547514
Branch Hinouti
City Sindi
District Hinouti
State Madhya Pradesh
Address At Post Hinouti Dist.Sidhi Madhya Pradesh Pin 486670

These details are essential not only for online banking users but also for businesses and individuals who use Union Bank Of India in Sindi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0547514 for the Hinouti 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 Hinouti, Sindi, Madhya Pradesh, are allotted a unique IFSC like UBIN0547514 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code UBIN0547514

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 Hinouti in Sindi.

For example, the IFSC Code UBIN0547514 of Union Bank Of India for the Hinouti branch includes these elements, identifying the bank and the branch location in Sindi and Madhya Pradesh accurately.

How to Find IFSC Code for Union Bank Of India?

To find the IFSC Code UBIN0547514 of Union Bank Of India for its Hinouti branch located in Sindi, 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 Sindi and Hinouti, 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 Hinouti or Sindi to find the exact IFSC Code UBIN0547514.

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 Sindi will provide accurate information.

How to Use IFSC Code UBIN0547514 for Online Transfers?

Once you have the IFSC Code UBIN0547514 for the Hinouti branch of Union Bank Of India in Sindi, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0547514. 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 UBIN0547514.

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 Hinouti in Sindi 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 Hinouti, 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 Sindi 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 Hinouti, Sindi?

The IFSC Code is UBIN0547514.

Is the IFSC Code UBIN0547514 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 Hinouti?

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 Hinouti branch?

The address of the branch is At Post Hinouti Dist.Sidhi Madhya Pradesh Pin 486670 located in Sindi, Hinouti, Madhya Pradesh.

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.