The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Union Bank Of India for its Bhojubeer branch in Varanasi, Varanasi, Uttar Pradesh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Union Bank Of India located in Varanasi or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code UBIN0559652. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Union Bank Of India, Bhojubeer, Varanasi
Below in the table are the key details related to IFSC Code UBIN0559652 of Union Bank Of India for its branch located in Varanasi, within the district of Varanasi in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0559652 |
| Branch | Bhojubeer |
| City | Varanasi |
| District | Varanasi |
| State | Uttar Pradesh |
| Address | Sindhaura Road Bhojubeer Varanasi |
These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Varanasi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0559652 for the Bhojubeer branch of Union Bank Of India is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Union Bank Of India located in Bhojubeer, Varanasi, Uttar Pradesh, is provided a unique IFSC like UBIN0559652 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Union Bank Of India branch in Varanasi.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Varanasi and Varanasi.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Union Bank Of India in Bhojubeer do not get misguided to another person.
Format of the IFSC Code UBIN0559652
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 Bhojubeer in Varanasi.
For example, the IFSC Code UBIN0559652 of Union Bank Of India for the Bhojubeer branch includes these elements, identifying the bank and the branch location in Varanasi and Uttar Pradesh accurately.
How to Find IFSC Code for Union Bank Of India?
To find the IFSC Code UBIN0559652 of Union Bank Of India for its Bhojubeer branch located in Varanasi, 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 Varanasi and Varanasi, 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 Bhojubeer or Varanasi to find the exact IFSC Code UBIN0559652.
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 Varanasi will provide accurate information.
How to Use IFSC Code UBIN0559652 for Online Transfers?
If you have the IFSC Code UBIN0559652 for the Bhojubeer branch of Union Bank Of India in Varanasi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0559652. Transfers are processed in batches. 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. Asks for the recipient's account details and Union Bank Of India IFSC Code UBIN0559652.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Union Bank Of India Bhojubeer in Varanasi, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Union Bank Of India in Bhojubeer, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Union Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Varanasi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0559652.
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 Sindhaura Road Bhojubeer Varanasi located in Varanasi, Varanasi, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.