Union Bank of India IFSC code: All you need to know
Union Bank of India IFSC code is a unique 11-character alphanumeric code that helps in identifying specific branches of the bank. IFSC Code of Union Bank of India is used by Union Bank
Union Bank of India IFSC code: All you need to know
Union Bank of India IFSC code is a unique 11-character alphanumeric code that helps in identifying specific branches of the bank. IFSC Code of Union Bank of India is used by Union Bank of India account holders to send/transfer money online through NEFT/RTGS/IMPS facilities. Union Bank of India customers are also required to provide IFSC code of their Union Bank of India branch. Union Bank of India account holders can search Union Bank of India IFSC code of their branch on this IFSC code search page of financialexpress.com. Here, you can search Union Bank of India IFSC code by providing inputs like your state, city and branch on top of this page under “Union Bank of India IFSC Code”. On this page, you can also find IFSC code of some of the top search branches of Union Bank of India. You can also find Union Bank of India branch details and address with the help your IFSC code by using the ‘Search IFSC Code by Bank’ feature on this page.
The full form of IFSC is Indian Financial System Code. The Reserve Union Bank of India has assigned this unique code for each branch of Union Bank of India. The IFSC code enables the electronic transfer of funds. Now Union Bank of India customers can transfer funds online 24×7 throughout the year, as per RBI guidelines.
Union Bank of India IFSC Code for Online Transaction
Union Bank of India IFSC code helps on making an online transaction. With the help of IFSC Code, you can send money to any account of the Union Bank of India and also receive money from any account of Union Bank of India. Union Bank of India IFSC code is also required to send/transfer money through NEFT facility from a Union Bank of India branch. There are certain limits on the amount that you can transact through Union Bank of India account online. Hence, you must check the maximum and minimum limit on the amount for which you can make a transaction online. This information is available on the official website of the Union Bank of India.
Union Bank of India IFSC code is a must for online transactions. Suppose you have borrowed Rs 10,000 from a friend and want to return it using your net banking facility. To send the money, you need to first add your friend’s details like account number, bank and branch name and address and IFSC code of your friend’s bank branch. You can send money through net banking 24×7 to your friend, even if he/she doesn’t have an account in Union Bank of India. You will have to add your friend as a beneficiary with his bank account details on your bank’s net banking portal.
Union Bank of India IFSC Code format
The first four characters of Union Bank of India IFSC code denotes the bank names while the fifth character is zero. The remaining six characters of the IFSC code of Union Bank of India are unique and assigned for each branch of the Union Bank of India. Thus there are three components of Union Bank of India IFSC code.
1. Bank name denoted by first four characters of the Union Bank of India IFSC code
2. Zero as the fifth character. Zero is used as the fifth character of the Union Bank of India IFSC code is reserved for future use by the Reserve Union Bank of India.
3. The last six characters show the unique Union Bank of India branch code. No two branches of Union Bank of India can have same IFSC codes.
How to find Union Bank of India IFSC code
You can find the IFSC code of your Union Bank of India branch on the cheque book issued by the Union Bank of India. You can also find IFSC code of any branch of Union Bank of India on Financial Express IFSC code page.
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