IFSC Code UBIN0559016 - Union Bank of India-UNION LOAN POINT JABALPUR-Jabalpur

Detail Information
IFSC Code UBIN0559016
Bank Name Union Bank of India
Address NEAR TELEGRAPH GATE NO.3, MADAN MAHAL STATION ROAD
District Jabalpur
State Madhya pradesh
Branch Union loan point jabalpur
Contact +919425847001
Centre Available
IMPS Available
UPI Available
MICR 482026011
RTGS 1
NEFT Not Available
ISO3166 IN-MP
Bankcode UBIN

Overview of UBIN0559016

The IFSC code UBIN0559016 is associated with the Jabalpur UNION LOAN POINT JABALPUR Branch of Union Bank of India. Located in the bustling city of Jabalpur, MADHYA PRADESH, 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 UBIN0559016 represents Union Bank of India Bank, while 0559016 signifies the unique branch code for UNION LOAN POINT JABALPUR.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like UBIN0559016, for the UNION LOAN POINT JABALPUR Branch, cannot be overstated. It acts as an address that identifies both the Union Bank of India and its specific branch in Jabalpur. 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 UBIN0559016

The IFSC code UBIN0559016 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 Jabalpur. Let's break down the details:

  • IFSC Code (UBIN0559016): 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 "0559016" are a unique identifier for the UNION LOAN POINT JABALPUR 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 (NEAR TELEGRAPH GATE NO.3, MADAN MAHAL STATION ROAD): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Jabalpur, MADHYA PRADESH): The branch is situated in the heart of Jabalpur, the capital city of MADHYA PRADESH. A city known for its [CITY_FEATURES].
  • Branch (UNION LOAN POINT JABALPUR): The [AREA_NAME] area in Jabalpur is a hub of activity, and the Union Bank of India branch here caters to both individual and business banking needs.
  • Phone Number (+919425847001): 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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