IFSC Code UBIN0563994 - Union Bank Of India Phondaghat
PHONDAGHAT GOA MAH
Quick Info
IFSC: UBIN0563994
District: GOA
Status: Active
About Union Bank Of India Phondaghat
IFSC Code UBIN0563994 belongs to Union Bank Of India Phondaghat branch located in Phondaghat, Goa, Maharashtra. This branch serves customers in Phondaghat, Goa, Maharashtra and surrounding areas.
Understanding IFSC Code UBIN0563994
The IFSC (Indian Financial System Code) UBIN0563994 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 (563994): Unique branch identifier for Phondaghat
Electronic Fund Transfer Services
IFSC Code UBIN0563994 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 Phondaghat branch is located at PHONDAGHAT GOA MAH in Phondaghat, Goa, Maharashtra. This location serves customers in Phondaghat, Goa, Maharashtra and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code UBIN0563994 to ensure the transaction is routed correctly.
How to Use IFSC Code UBIN0563994
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: UBIN0563994 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other Union Bank Of India Branches
If you're looking for other Union Bank Of India branches in Phondaghat, Goa, Maharashtra 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: | UBIN0563994 |
| Bank Name: | Union Bank Of India |
| Branch Name: | Phondaghat |
| Address: | PHONDAGHAT GOA MAH |
| City: | Phondaghat |
| District: | Goa |
| State: | Maharashtra |
Payment Services Available
Union Bank Of India Phondaghat Branch IFSC Code UBIN0563994 — Complete Banking Guide for Phondaghat, Maharashtra
IFSC code UBIN0563994 belongs to the Phondaghat branch of Union Bank Of India in Phondaghat, Goa district, Maharashtra. 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 UBIN0563994 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, Phondaghat Branch
The Phondaghat branch of Union Bank Of India in Phondaghat, Maharashtra serves retail and corporate customers in Goa 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 UBIN0563994 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC UBIN0563994
Four primary digital payment rails use IFSC UBIN0563994 for transfers to Union Bank Of India, Phondaghat: 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 UBIN0563994 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Phondaghat branch of Union Bank Of India in Phondaghat 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 UBIN0563994 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 UBIN0563994 Before Transferring
Before initiating any high-value transfer to IFSC UBIN0563994, 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 Phondaghat, Phondaghat IFSC
What is the IFSC of Union Bank Of India Phondaghat in Phondaghat?
The IFSC of Union Bank Of India, Phondaghat branch in Phondaghat, Maharashtra is UBIN0563994. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC UBIN0563994?
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 UBIN0563994 to route funds to Union Bank Of India, Phondaghat, Phondaghat.
Who assigns IFSC codes like UBIN0563994?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Union Bank Of India applied for the IFSC for its Phondaghat branch in Phondaghat, and RBI issued UBIN0563994 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC UBIN0563994 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 UBIN0563994 at Union Bank Of India, Phondaghat, Phondaghat. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC UBIN0563994.
About IFSC Code UBIN0563994
IFSC Code UBIN0563994 belongs to Union Bank Of India branch Phondaghat located in Phondaghat, Goa, Maharashtra.
Branch Information
- IFSC Code: UBIN0563994
- Bank: Union Bank Of India
- Branch: Phondaghat
- Address: PHONDAGHAT GOA MAH
- City: Phondaghat
- District: Goa
- State: Maharashtra
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available