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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Union Bank Of India for its Currency Chest Tilak Road Pune branch in Tilak Road Pune, Tilak Road Pune, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Union Bank Of India located in Tilak Road Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UBIN0584584. 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 Tilak Road Pune, Tilak Road Pune

Here are some of the key details that come with the IFSC Code UBIN0584584 of Union Bank Of India for its branch located in Tilak Road Pune, within the district of Tilak Road Pune in the state of Maharashtra.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0584584
Branch Currency Chest Tilak Road Pune
City Tilak Road Pune
District Tilak Road Pune
State Maharashtra
Address Udyog Bhawan C Block Heerabuag Ganpati Chowk

These details are essential not only for online banking users but also for businesses and individuals who use Union Bank Of India in Tilak Road Pune for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0584584 for the Currency Chest Tilak Road Pune 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 Currency Chest Tilak Road Pune, Tilak Road Pune, Maharashtra, are allotted a unique IFSC like UBIN0584584 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code UBIN0584584

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 Currency Chest Tilak Road Pune in Tilak Road Pune.

For example, the IFSC Code UBIN0584584 of Union Bank Of India for the Currency Chest Tilak Road Pune branch includes these elements, identifying the bank and the branch location in Tilak Road Pune and Maharashtra accurately.

How to Find IFSC Code for Union Bank Of India?

To find the IFSC Code UBIN0584584 of Union Bank Of India for its Currency Chest Tilak Road Pune branch located in Tilak Road Pune, 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 Tilak Road Pune and Tilak Road Pune, 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 Currency Chest Tilak Road Pune or Tilak Road Pune to find the exact IFSC Code UBIN0584584.

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 Tilak Road Pune will provide accurate information.

How to Use IFSC Code UBIN0584584 for Online Transfers?

Once you have the IFSC Code UBIN0584584 for the Currency Chest Tilak Road Pune branch of Union Bank Of India in Tilak Road Pune, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0584584. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 UBIN0584584.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Union Bank Of India Currency Chest Tilak Road Pune in Tilak Road Pune, your payment can get delayed or might not go through at all.

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 Tilak Road Pune, 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 Tilak Road Pune 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 Tilak Road Pune, Tilak Road Pune?

The IFSC Code is UBIN0584584.

Is the IFSC Code UBIN0584584 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 Tilak Road Pune?

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 Tilak Road Pune branch?

The address of the branch is Udyog Bhawan C Block Heerabuag Ganpati Chowk located in Tilak Road Pune, Tilak Road Pune, Maharashtra.

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.