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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Union Bank Of India for its Mond branch in Sindudurg, Mond, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Union Bank Of India located in Sindudurg or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UBIN0543110. 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, Mond, Sindudurg
Below in the table are the key details related to IFSC Code UBIN0543110 of Union Bank Of India for its branch located in Sindudurg, within the district of Mond in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0543110 |
| Branch | Mond |
| City | Sindudurg |
| District | Mond |
| State | Maharashtra |
| Address | Village Mond Block Taluka Deogad Dist.Sindhudurg Maharashtra Pin 416623 |
These details help users in online banking and for businesses and individuals who use Union Bank Of India in Sindudurg for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0543110 for the Mond branch of Union Bank Of India has a very 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 Mond, Sindudurg, Maharashtra, are given a unique IFSC like UBIN0543110 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sindudurg.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Sindudurg and Mond.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Union Bank Of India in Mond goes to the correct branch. This is important because Union Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UBIN0543110
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 Mond in Sindudurg.
For example, the IFSC Code UBIN0543110 of Union Bank Of India for the Mond branch includes these elements, identifying the bank and the branch location in Sindudurg and Maharashtra accurately.
How to Find IFSC Code for Union Bank Of India?
If you are trying to find the IFSC Code UBIN0543110 of Union Bank Of India for its Mond branch located in Sindudurg, 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
You can easily find the IFSC and MICR codes because most banks, including Union Bank Of India branches in Sindudurg and Mond, print them 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 Mond or Sindudurg to get the exact IFSC Code UBIN0543110.
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 Sindudurg, you'll get the correct details.
How to Use IFSC Code UBIN0543110 for Online Transfers?
Once you have the IFSC Code UBIN0543110 for the Mond branch of Union Bank Of India in Sindudurg, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0543110. 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 UBIN0543110.
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 Mond in Sindudurg, 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 Mond, 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 Sindudurg manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0543110.
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 Village Mond Block Taluka Deogad Dist.Sindhudurg Maharashtra Pin 416623 located in Sindudurg, Mond, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.