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 Currency Chest Sirmour Chowraha branch in Sirmour Chowraha, Sirmour Chowraha, Madhya Pradesh, 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 Sirmour Chowraha or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UBIN0584550. 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, Currency Chest Sirmour Chowraha, Sirmour Chowraha

Here are some of the key details that come with the IFSC Code UBIN0584550 of Union Bank Of India for its branch located in Sirmour Chowraha, within the district of Sirmour Chowraha in the state of Madhya Pradesh.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0584550
Branch Currency Chest Sirmour Chowraha
City Sirmour Chowraha
District Sirmour Chowraha
State Madhya Pradesh
Address Sirmour Chauraha Khana Towers N H 7 Allahabad Road Near Head Post Office,Rewa

These details are crucial, not just for online banking users but also for businesses and individuals who use Union Bank Of India in Sirmour Chowraha for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0584550 for the Currency Chest Sirmour Chowraha 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 provided by the Reserve Bank of India. Every bank branch, along with Union Bank Of India located in Currency Chest Sirmour Chowraha, Sirmour Chowraha, Madhya Pradesh, are allotted a unique IFSC like UBIN0584550 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code UBIN0584550

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Union Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Currency Chest Sirmour Chowraha in Sirmour Chowraha.

For example, the IFSC Code UBIN0584550 of Union Bank Of India for the Currency Chest Sirmour Chowraha branch includes these elements, identifying the bank and the branch location in Sirmour Chowraha and Madhya Pradesh accurately.

How to Find IFSC Code for Union Bank Of India?

If you are looking for the IFSC Code UBIN0584550 of Union Bank Of India for its Currency Chest Sirmour Chowraha branch located in Sirmour Chowraha, the following methods can help:

Cheque Book

The cheque book that is issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Union Bank Of India and look for the branch locator section, then search for Currency Chest Sirmour Chowraha or Sirmour Chowraha to get the exact IFSC Code UBIN0584550.

Mobile Banking App

If you use Union Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Union Bank Of India and Sirmour Chowraha, then it will provide you proper information.

How to Use IFSC Code UBIN0584550 for Online Transfers?

Once you have the IFSC Code UBIN0584550 for the Currency Chest Sirmour Chowraha branch of Union Bank Of India in Sirmour Chowraha, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0584550. 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 UBIN0584550.

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 Currency Chest Sirmour Chowraha in Sirmour Chowraha 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 Currency Chest Sirmour Chowraha, 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 Sirmour Chowraha 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 Currency Chest Sirmour Chowraha, Sirmour Chowraha?

The IFSC Code is UBIN0584550.

Is the IFSC Code UBIN0584550 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 Currency Chest Sirmour Chowraha?

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 Currency Chest Sirmour Chowraha branch?

The address of the branch is Sirmour Chauraha Khana Towers N H 7 Allahabad Road Near Head Post Office,Rewa located in Sirmour Chowraha, Sirmour Chowraha, 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.