Overview of IFSC Code UBIN0540498: The IFSC code UBIN0540498 uniquely identifies the Union Bank Of India branch located at Akhara in the Ludhiana district of Punjab. This 11-digit alphanumeric code is mandatory for routing electronic fund transfers like NEFT, RTGS, and IMPS to the correct bank account.

IFSC Code UBIN0540498 - Union Bank Of India Akhara

UBIN0540498 Union Bank Of India Akhara Ludhiana Punjab

V.P.O. AKHARA TEHSIL. JAGRAON DIST. LUDHIANA PUNJAB PIN 142026.

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Quick Info

IFSC: UBIN0540498

Pincode: 142026

District: Ludhiana

Status: Active

About Union Bank Of India Akhara

IFSC Code UBIN0540498 belongs to Union Bank Of India Akhara branch located in Akhara, Ludhiana, Punjab. This branch serves customers in Akhara, Ludhiana, Punjab and surrounding areas.

Understanding IFSC Code UBIN0540498

The IFSC (Indian Financial System Code) UBIN0540498 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:

  • First 4 characters (UBIN): Bank code identifying Union Bank Of India
  • 5th character (0): Reserved for future use (always 0)
  • Last 6 characters (540498): Unique branch identifier for Akhara
Electronic Fund Transfer Services

IFSC Code UBIN0540498 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:

NEFT (National Electronic Funds Transfer)

Batch processing system for fund transfers. Available Yes at this branch.

Processing: Multiple batches daily, typically settles within 2 hours during banking hours.

RTGS (Real Time Gross Settlement)

Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.

Processing: Real-time settlement, typically within minutes during RTGS hours.

IMPS (Immediate Payment Service)

24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.

Processing: Instant transfer, available 24/7 including holidays.

UPI (Unified Payments Interface)

Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.

Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.

Branch Location and Accessibility

The Union Bank Of India Akhara branch is located at V.P.O. AKHARA TEHSIL. JAGRAON DIST. LUDHIANA PUNJAB PIN 142026. (Pincode: 142026) in Akhara, Ludhiana, Punjab. This location serves customers in Akhara, Ludhiana, Punjab and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code UBIN0540498 to ensure the transaction is routed correctly.

How to Use IFSC Code UBIN0540498

When making online fund transfers to an account at this branch, you will need:

  1. IFSC Code: UBIN0540498 (for NEFT, RTGS, IMPS)
  2. Account Number: The recipient's account number
  3. Account Holder Name: As registered with the bank
Important: Always verify the IFSC code before initiating any fund transfer. Incorrect IFSC codes can result in failed transactions or funds being sent to the wrong branch. This IFSC code information is verified from official Reserve Bank of India (RBI) records and is updated regularly to ensure accuracy.
Finding Other Union Bank Of India Branches

If you're looking for other Union Bank Of India branches in Akhara, Ludhiana, Punjab or nearby areas, use our Union Bank Of India branch finder. You can search by city, district, or state to find all Union Bank Of India branches with their respective IFSC codes.

Branch Details
IFSC Code: UBIN0540498
Bank Name: Union Bank Of India
Branch Name: Akhara
Address: V.P.O. AKHARA TEHSIL. JAGRAON DIST. LUDHIANA PUNJAB PIN 142026.
City: Akhara
District: Ludhiana
State: Punjab
Pincode: 142026
Payment Services Available
NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available
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Union Bank Of India Akhara Branch IFSC Code UBIN0540498 — Complete Banking Guide for Akhara, Punjab

IFSC code UBIN0540498 belongs to the Akhara branch of Union Bank Of India in Akhara, Ludhiana district, Punjab. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC UBIN0540498 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.

About Union Bank Of India, Akhara Branch

The Akhara branch of Union Bank Of India in Akhara, Punjab serves retail and corporate customers in Ludhiana district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC UBIN0540498 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.

Payment Methods Using IFSC UBIN0540498

Four primary digital payment rails use IFSC UBIN0540498 for transfers to Union Bank Of India, Akhara: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC UBIN0540498 against the RBI IFSC master list before processing the payment.

MICR Code and Branch Details

In addition to the IFSC, the Akhara branch of Union Bank Of India in Akhara carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC UBIN0540498 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.

How to Verify IFSC UBIN0540498 Before Transferring

Before initiating any high-value transfer to IFSC UBIN0540498, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Union Bank Of India's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.

FAQs — Union Bank Of India Akhara, Akhara IFSC

What is the IFSC of Union Bank Of India Akhara in Akhara?

The IFSC of Union Bank Of India, Akhara branch in Akhara, Punjab is UBIN0540498. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.

What is the minimum amount for NEFT to IFSC UBIN0540498?

There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC UBIN0540498 to route funds to Union Bank Of India, Akhara, Akhara.

Who assigns IFSC codes like UBIN0540498?

The Reserve Bank of India (RBI) assigns all IFSC codes in India. Union Bank Of India applied for the IFSC for its Akhara branch in Akhara, and RBI issued UBIN0540498 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.

Can I use IFSC UBIN0540498 for UPI payments?

UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC UBIN0540498 at Union Bank Of India, Akhara, Akhara. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC UBIN0540498.

About IFSC Code UBIN0540498

IFSC Code UBIN0540498 belongs to Union Bank Of India branch Akhara located in Akhara, Ludhiana, Punjab.

Branch Information

  • IFSC Code: UBIN0540498
  • Bank: Union Bank Of India
  • Branch: Akhara
  • Address: V.P.O. AKHARA TEHSIL. JAGRAON DIST. LUDHIANA PUNJAB PIN 142026.
  • City: Akhara
  • District: Ludhiana
  • State: Punjab
  • Pincode: 142026

Payment Services

  • NEFT: Available
  • RTGS: Available
  • IMPS: Available
  • UPI: Available
Note: IFSC (Indian Financial System Code) is an 11-character code used to identify bank branches for electronic fund transfers (NEFT, RTGS, IMPS). Always verify the IFSC code before initiating any transaction.

Frequently Asked Questions

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches for electronic fund transfers. You can find IFSC code using our IFSC code search tool by entering the bank name, branch name, or the IFSC code itself.

To check IFSC code, use our IFSC code search tool. Enter the bank name and branch name, or search by IFSC code directly. You can also find banks near me by searching with your location.

IFSC code format consists of 11 characters: first 4 characters represent the bank name, followed by a zero (0), and the last 6 characters represent the branch code. For example, HDFC0001234 where HDFC is the bank code and 001234 is the branch code.

To find banks near me, use our IFSC finder tool. Enter your city or location, and we will show you all nearby bank branches with their IFSC codes, addresses, and contact details.

IFSC code is used for electronic fund transfers (NEFT, RTGS, IMPS) and is 11 characters long. MICR code is used for cheque processing and is 9 digits long. Both codes uniquely identify a bank branch.

You can verify IFSC code using our check IFSC code tool. Enter the IFSC code, and we will display the complete branch details including bank name, branch name, address, and available payment services (NEFT, RTGS, IMPS, UPI).

Yes, IFSC code is required for all electronic fund transfer methods including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service). Our tool shows which services are available for each branch.

To get IFSC code by bank name and branch, use our search tool. Select "Search by Bank & Branch" option, enter the bank name (e.g., Union Bank Of India) and branch name, and we will display the complete IFSC code details.