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Find Union Bank of India IFSC & MICR Code

Union Bank of India IFSC Code

The country's central bank (RBI) has specified three ways in which we can remit money. These include the popular NEFT, RTGS and IMPS. However, to undertake these transactions, we must have the IFSC Code allotted by RBI to each bank and the specified branch.

The Union Bank of India IFSC Code is an 11-digit alphanumeric code having special 4 characters, 'UBIN', stand for the name of the bank, the fifth character is always 'zero' for future use and the final six characters specify the 'exact branch address'.

How to Search for Union Bank of India IFSC Codes?

If you are searching for the IFSC code of your home branch, you can use two mechanisms to search. In the offline mode you will find it written on your cheque book, which has been given to you by the Union Bank of India branch. If you are looking for online IFSC Code of Union Bank of India you can find here in Goodreturns.

State Wise Union Bank of India IFSC & MICR Code

About Union Bank of India

With a branch network in excess of 4200, Union Bank is among the top banks in the country, in terms of branch network.

The bank has been active in promoting economic growth through loans and deposits.

The Union Bank of India began its operations in the early 1900s like most other banks. It was inaugurated by Mahatma Gandhi, the Father of the nation in the year 1921. It began its operations in Bombay, now Mumbai.

Today, the bank has achieved remarkable progress and 100 per cent computerization. In fact, the clients of the bank is in excess of 5.7 crores, making it a solid and well established bank in the country.

Huge balance sheet

Union Bank has seen its balance sheet rise substantially in the last few years. Today, Union Bank of India has achieved total business level of Rs. 5,79,627 crore (Rupees five lakh seventy Nine thousand six hundred and twenty seven crore) for the year ending March 31, 2015.

If you need the IFSC to transfer money to any of the branches of Union Bank, you would need the IFSC codes of Union Bank, which can be got by visiting the website of goodreturns.in

What is the structure of Union Bank IFSC Code?

All branches of banks in India have been issued IFSC codes to conveniently define transactions made through a particular branch.

IFSC codes are 11-digit, alphanumeric codes that are specific to a single branch and do not rehash at all.  Through actively entering IFSC codes or MICR codes, money transfers can be rendered to a specific branch. IFSC and MICR codes are helps customers to ensure about the transparency and hassle-free online transactions and electronic fund transfer. Indian Financial System Code (IFSC) is issued by the Reserve Bank of India (RBI) for electronic payment services such as Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service (IPM), Bank-to - bank electronic Instant Mobile Money Transfer Service (IMPS) and Centralized Funds Management System (CFMS). This is all to make it easy to manage the inflow and outflow of funds. 

The Reserve Bank of India has issued all banks in the nation with specific codes and mandates their use for all sorts of online transactions and fund transfer. It is important to clarify an IFSC code as bearing three separate parts. The first four alphabets reflect the name of the bank that has been allocated with the code, then arrives a zero, placed for future use(which is normally a control figure), The next six digits of the code represent the particular branch of the Union Bank of India and this 6-digit code varies from branch to branch of a particular bank. Let’s go through an example to understand more clearly about the three parts of an IFSC code.

IFSC code of Union Bank of India Bandra East, Mumbai Branch is UBIN0563536

The first four letters ‘UBIN’ represents the name of the bank i.e. Union Bank of India

0 is kept for future use

The last 6 digits ‘563536’ represents the branch of Union Bank of India i.e. Bandra East, Mumbai Branch 

Importance of Union Bank IFSC Code For Making NEFT or RTGS Fund Transfer

Using NEFT or RTGS facilities, accessible on the bank's website, Union Bank customers can easily make online fund transfers.

National Electronic Funds Transfer (NEFT)

National Electronic Funds Transfers (NEFT) are carried out in batches and have a particular timing during which the Union Bank of India settles the funds. In the principle of Deferred Net Settlements, this method works and is performed on an hourly routine. If the batch approval is within the prescribed time period, the money is credited to the recipient on the same day or else the settlement will be done on the next working day. To initiate NEFT fund transfer one must require the correct IFSC code of a bank branch in order to perform hassle-free transactions. 

Real Time Gross Settlement System (RTGS)

Transfers are rendered on an individual account basis by the Real Time Gross Settlement System (RTGS), i.e. the settlement of funds is scheduled one by one. Union Bank settles RTGS transactions during the current working day, as per the standing instructions set out. RTGS is one of the quickest possible modes for fund transfers which can be done on absolutely safe frameworks. Compared to NEFT one also needs IFSC code and other details of a bank branch to initiate a fund transfer across India.           

Time frame for rendering NEFT and RTGS

For using NEFT and RTGS facilities for making fund transfer, you must follow the below listed operating hours:


  • Monday to Friday – 8 AM to 4.20 PM
  • If you want a bulk RTGS file to be handled on the same day, it must be submitted before 3:50 PM.
  • Saturdays (except 2nd & 4th) – 3:30 PM


  • Monday to Friday – 8 AM to 6.30 PM
  • If you wish to process the bulk NEFT file on the same day, it must be submitted before 6:00 PM.
  • Saturdays (except 2nd & 4th)

Charges required for NEFT 

  • For transaction amount up to INR 1 lakh: NIL 
  • For transaction amount more than INR 1 lakh but less than INR 2 lacs: INR 16.
  • For transaction amount above INR 2 lacs: INR 26.

Charges required for RTGS

The below framed charges are applicable for amount ranging from INR 2 lacs to INR 5 lacs:

  • INR 26 (From 08 AM to 12 PM)
  • INR 27 (From 12 PM to 03:30 PM)
  • INR 32 (Post 03:30 PM)

The below framed charges are applicable for amount above Rs 5 lacs:

  • INR 52 (From 08 AM to 12 PM)
  • INR 53 (From 12 PM to 03:30 PM)
  • INR 57 (Post 03:30 PM)

Procedure to locate Union Bank of India IFSC and MICR Code Online

You can not initiate an online transaction or fund transfer until you have the correct bank and branch name and IFSC code with you. Using the  cheque books / leaflets issued by Union Bank you can find the IFSC and MICR code of your bank branch. Apart from these offline methods, you can also directly visit the bank’s official website to find the same. You can also find a complete list of IFSC codes for all banks in India on the Reserve Bank of India's official Website. Apart from all of these, the full list of IFSC codes for Union Bank branches in India and other banks and their corresponding branches can be found on India's third-party financial websites, such as Goodreturns.in.

The Goodreturns.in website lets you easily find your bank's IFSC and MICR code, based on your location or branch. The IFSC and MICR codes of all branches of the country's banks can be checked easily from the convenience of your home or workplace on a 24x7 basis on the Goodreturns website. The method covered below will allow you to follow the process for discovering your bank branch's IFSC and MICR code. 

  • Visit Goodreturns.in and select ‘Banking’ from the top menu bar of the site
  • Under the ‘Banking’ option, click on ‘IFSC Code’ and proceed further
  • Now you have to select your bank, branch, city and state in order to find the IFSC code
  • Now click on ‘Find Bank’ and on the same page you will get the IFSC code of your selected bank branch, along with MICR code, branch address and other related information.

Alternatives to find Union Bank IFSC Code

Customers are required to include information such as the name of the creditor, account number, IFSC code of the Union Bank of India (receiving branch) and amount when transferring funds to a specific payee. Once all these information are given by the customer, he / she will be able to conveniently transfer funds to the receiver, as the UBI IFSC Code will help prevent failures in such transactions. Customers can check for the IFSC Code & MICR Code of the Union Bank of India (UBI) using the following methods as well:

Via Union Bank Cheque Book- At the top of the cheque, the IFSC code is listed, whereas the cheque number and MICR code are also at the bottom of the cheque that is issued by your bank branch.

Via passbook of Union Bank- Account holders can also search the IFSC code of their respective bank branch on the passbook issued to them by the specific branch. Optionally, to find these codes, customers can also visit the official website of Reserve Bank of India (RBI).     

Union Bank MICR Code

The Magnetic Ink Character Recognition (MICR) code of Union Bank is a digital form code used for cheque processing and clearance. It is used to define the branch of the bank that the cheque falls to. This code is checked by a magnetic reader as a cheque goes for clearance, and then immediately filtered. Based on manual reading and processing, MICR innovation accelerates the entire process.  The Union Bank of India MICR code can be found at the bottom of every cheque sheet. The ink is initially magnetised and each character creates a distinctive output as it is interpreted, which can be quickly recognised. Union Bank's MICR code is usually found in either of these two fonts: E-138 and CMC-7. Even if they are overprinted or obscured by stamps and signatures, the MICR code allows the characters to be read accurately. You can find the Union Bank MICR Code by visiting the Goodreturns website. Along with the MICR code, the website also provides information such as address and contact numbers of the bank. You can search for approximately 7065 + Union Bank MICR Codes. At Goodreturns.in, we make serious efforts to keep the details updated and accurate by introducing Union Bank MICR codes as they become accessible on the RBI website.   

IMPS - Union Bank

Union Bank is the first bank in the sector to introduce IMPS by implementing the IMPS framework into its CBS (Core Banking Solution) across branches for its retail and corporate customers. Under this system, customers can contact any of the bank's branches and request an immediate transfer of funds. IMPS allows customers to immediately transfer funds up to Rs. 2 lacs per day to any other bank account. For this innovative fund transfer solution, one only needs a beneficiary's valid account number and IFSC code of his or her respective bank branch. This instant interbank electronic fund transfer can be carried out through ATM / branch / internet banking and mobile banking. To make use of the IMPS facility you need to register your mobile number with the mobile bank service of the bank. By following the below-given options you can transfer funds to other bank accounts through IMPS.

  • P2A  (Person to Account number): Using this method, by simply entering the beneficiary's account number and IFSC code, you can transfer money to any bank account across the country.
  • P2P (Person to person): Using this method, you can transfer money to any bank account using the beneficiary's mobile number and MMID. 

Participating banks of IMPS

The selection of banks that offer IMPS can be found on the National Payment Corporation of India (NPCI) website at www.npci.org.in, under the section http://www.npci.org.in/bankmember.aspx  

SMS based IMPS

In order to use IMPS based through SMS, customers need to send SMS using the following keywords to 09223173921

  • Register for IMPS: MMID
  • Beneficiary IMPS:
  • Payment:
  • Deregister for IMPS: MMIDCANCEL

Union Bank NEFT

Union Bank provides all consumers around the country with National Electronic Fund Transfer (NEFT) facilities. Money can be transferred to any NEFT permitted bank in India from anywhere. NEFT, regulated by the Reserve Bank of India ( RBI), is a hassle-free, secure fund transfer platform. By having specific payee / beneficiary information such as account number, IFSC code and name, one can conveniently initiate a NEFT transfer online. Corporate customers, apart from individuals, can also use NEFT facilities. On each NEFT transaction, there will be a certain minimal processing charge imposed.

Procedure to transfer funds via NEFT from Union Bank to any other bank

  • Visit Union Bank net banking gateway and sign in to your net banking account using your username and password
  • Now head to the Transfers’ option and click on ‘NEFT/RTGS Transfers’
  • Now click on the option ‘Make a New Payment’ and enter the required details of the beneficiary
  • Once you are done with the filling of details, click on ‘Pay’ option and then specify the transaction password
  • Now validate the details and initiate the transaction
  • Once the transaction is successful, a confirmation message will be displayed on your device screen

Union Bank NEFT Fees & Charges

For transaction amount up to Rs.10,000: Rs.2.50 per transaction

  • Above Rs.10,000 to Rs.1 lakh: Rs.5.00 per transaction
  • Above Rs.1 lakh to Rs.2 lakh: Rs.15.00 per transaction
  • Above Rs.2 lakh: Rs.25.00 per transaction

Note: Please keep in mind that for all Union Bank NEFT transactions, GST charges may be imposed. Also, please bear in mind that for each transaction carried out, the above rates are applied respectively.

Union Bank NEFT Timing

During the bank's operating hours, from Monday to Saturday, all Union Bank NEFT transactions are settled in a batch-wise sequence. On bank holidays, NEFT services will not be open. Please notice that, as it is a holiday, NEFT transactions can not be done on the 2nd and 4th Saturdays of the month.

  • Monday to Friday: From 8.00 a.m. to 6.30 p.m.
  • Saturday: From 8.00 a.m. to 6.30 p.m.

Key takeaways of Union Bank NEFT

  • Compared with other forms of fund transfer mechanisms, it is the less risky method
  • Simple, straightforward and trustworthy
  • Backed by RBI and you can therefore rely on this type of payment method undoubtedly.
  • If funds are not transferred due to any bugs, the account holder will be reimbursed immediately.
  • Cost-effective transaction fees     

Union Bank of India RTGS Form

Union Bank of India is RTGS-enabled and offers RTGS services to its customers in a variety of ways. Customers who want to transfer money via RTGS can do so by filling in the RTGS form of the Union Bank of India.

Procedure to fill Union Bank of India RTGS Form

There are two ways of using the RTGS service offered by Union Bank of India. Online, which requires mobile and internet banking facilities from Union Bank of India. The specifics needed to fill out the online form are below.

  • Name and account numbr of the recipient
  • IFSC Code (Indian Financial System Code) of the beneficiary’s Bank/Branch
  • Select RTGS as a fund transfer mode

Visiting the bank branch and filling in the UBI RTGS Form Offline

  • Name and account number of the recipient
  • IFSC Code (Indian Financial System Code) of the beneficiary’s Bank/Branch
  • The bulk upload facility is available for corporate customers at bank branches.

Union Bank RTGS Charges

  • For an amount of Rs. 2 lakh & up to Rs. 5 lakh
  • From 08:00 AM & up to 11:00 AM: Rs.25.00 + GST
  • After 11:00 AM & up to 1:00 PM: Rs.27.00 + GST
  • After 1:00 PM: Rs.30.00 + GST

For an amount more than Rs. 5 lakh

  • From 08:00 AM & up to 11:00 AM: Rs.50 + GST
  • After 11:00 AM & up to 1:00 PM: Rs.52.00 + GST
  • After 1:00 PM: Rs.55.00 + GST   

Union Bank of India NEFT Form

Union Bank of India, across NEFT (National Electronic Funds Transfer), provides its customers with a fund transfer service. Online and offline, consumers can use the NEFT service. If another account holders of the Union Bank of India seem unable to access their net banking or mobile banking account, they can render offline transactions by hitting the bank branch and filling out the NEFT form of the Union Bank of India. The Union Bank of India NEFT service can be used by customers in two different ways: 


By filling in the Union Bank of India NEFT Form, account holders can visit the bank and carry out the transfer. For offline banking, the following details are required to be filled in the form:

  • Name and account number of the beneficiary
  • Account type of the beneficiary
  • IFSC (Indian Financial System Code) of the beneficiary’s bank/branch
  • Amount to be transferred


Via net banking or mobile banking service, customers can transfer funds by filling the below-mentioned details in the NEFT form:

  • Name and account number of the beneficiary
  • Account type of the beneficiary
  • Choose NEFT as the fund transfer option
  • Amount to be transferred
  • IFSC (Indian Financial System Code) of the beneficiary’s bank/branch

How to generate MMID for Union Bank of India?

You will be able to transfer funds via IMPS using Mobile Banking after generating your Union Bank of India MMID. You can not activate IMPS fund transfer using mobile banking without generating MMID. Union Bank of India (Mobile Money Identifier) MMID is a unique ID used for the transfer of funds via IMPS. By entering the recipient's MMID and mobile number, you can also transfer funds via IMPS. In contrast, your MMID for your Union Bank account is inactive, so you first need to create your MMID to allow IMPS mobile banking fund transfer service. You can trigger your Union Bank of India MMID account instantly via mobile banking and enable the transfer of funds using IMPS. You will have to first install the Union Bank of India Mobile App in order to activate your mobile banking account. So let’s get started with the procedure to generate MMID for your Union Bank of India account. 

  • Open the Union Bank of India Mobile Banking Application- Umobile and sign in to your account using the required credentials i.e. User ID and Password.
  • Now tap on ‘Accounts’ and then select your account number
  • Now on the next screen tap on the ‘Generate MMID’ option and you are done.
  • Your new generated MMID will be displayed on your mobile screen.

After enabling MMID, via IMPS on Mobile Banking, you can now send money to any bank account.And even if you want to receive money you can share your MMID number & mobile number to the sender from whom you want to receive funds. By entering your MMID and mobile number the sender can transfer funds to your bank account. 

Union Bank of India Timings

One of the leading government-owned banks in India is Union Bank of India. Customers who wish to access the bank need to consider the timetable of the Union Bank of India. Union Bank of India has resumed its usual working hours along with all banking facilities for customers after the COVID-19 lockdown. The bank has rendered some optimistic changes in the staff list during the lockdown and also issued 'COVID-19 Regulatory Kit' to secure its customers as well as the employees during the lockdown. Following the guidance provided by the Indian Bank Association (IBA), Union Bank temporarily closed some banking facilities. All banking facilities, namely account opening, passbook updating, money transfer and withdrawal, cheque processing, cash deposit and many have now been restored after the COVID-19 lockdown. However, it is recommended that customers must, for both financial and non-financial transactions, use Union Bank of India Net-banking and Union Bank of India Mobile Banking services and prevent reaching the branch. Customers visiting the bank are also required to follow the social distancing and sanitisation protocols provided by the bank in the aftermath of the pandemic. 

Union Bank of India current NEFT Timings

NEFT Transactions in banks, except on 2nd & 4th Saturdays and bank holidays, are handled in batches from 8:00 AM to 6:30 PM every day. The NEFT service can be accessed by account holders via online banking 24/7. In addition, no charges are levied on the online transfer of funds through the NEFT framework.  

Union Bank of India Current RTGS Timings

Real-time gross settlement (RTGS) is accessible every day at the Union Bank of India from 8:00 AM to 4:20 PM, with the exception of Sundays, bank holidays and 2nd & 4th Saturdays. 

Union Bank of India working hours

Customers or potential customers can visit the bank on weekdays and on the 1st, 3rd, 5th Saturday of the month during the office hour. On the 2nd, 4th, Saturdays, Sundays, and public holidays, the bank will stay closed.

  • Timings of Union Bank of India on weekdays i.e. Monday to Friday: 10:00 AM to 4:00 PM
  • Timings of Union Bank of India on 1st, 3rd, 5th Saturday of every month: 10:00 AM to 4:00 PM
  • Timings of Union Bank of India on 2nd, 4th Saturday of every month and Sunday: The bank will remain closed on these days.

Union Bank of India lunch timings

For its employees, Union Bank of India does not have a structured lunch break. To maintain the seamless running of the services of the bank, the staff take their lunch break in batches. During the working hours, customers can visit the branch without thinking about lunch break or time of the bank.     






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