IFSC Code UBIN0934216 - Union Bank of India-BALOD-Durg

Detail Information
IFSC Code UBIN0934216
Bank Name Union Bank of India
Address PLOT NO 5 1 KHASRA NO 737 14 OPP SBI MARARPURA MADHU CHOWK RAJNANDGAON ROAD 491226
District Balod
State Chhattisgarh
Branch Balod
Contact +917749223838
Centre Available
IMPS Available
UPI Available
MICR
RTGS 1
NEFT Not Available
ISO3166 IN-CT
Bankcode UBIN

Overview of UBIN0934216

The IFSC code UBIN0934216 is associated with the Durg BALOD Branch of Union Bank of India. Located in the bustling city of Durg, CHHATTISGARH, this branch is one of the many Union Bank of India branches that cater to the banking needs of the local residents. The code "UBIN" in UBIN0934216 represents Union Bank of India Bank, while 0934216 signifies the unique branch code for BALOD.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like UBIN0934216, for the BALOD Branch, cannot be overstated. It acts as an address that identifies both the Union Bank of India and its specific branch in Durg. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into UBIN0934216

The IFSC code UBIN0934216 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Union Bank of India in Durg. Let's break down the details:

  • IFSC Code (UBIN0934216): This unique code is essential for electronic fund transfers. The first four characters "UBIN" represent the bank's name, Union Bank of India. The last six characters "0934216" are a unique identifier for the BALOD branch.
  • Bank Name (Union Bank of India): One of [country]'s leading banks, Union Bank of India offers a wide range of banking products and financial services to its vast customer base.
  • Address (PLOT NO 5 1 KHASRA NO 737 14 OPP SBI MARARPURA MADHU CHOWK RAJNANDGAON ROAD 491226): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Durg, CHHATTISGARH): The branch is situated in the heart of Durg, the capital city of CHHATTISGARH. A city known for its [CITY_FEATURES].
  • Branch (BALOD): The [AREA_NAME] area in Durg is a hub of activity, and the Union Bank of India branch here caters to both individual and business banking needs.
  • Phone Number (+917749223838): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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