IFSC Code of Union Bank of India, Zuari Nagar Branch, Goa

Use this page as a one-stop reference for everything related to Union Bank of India's ZUARI NAGAR branch in MARGAO, GOA. The branch's IFSC code UBIN0934534 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for Union Bank of India – ZUARI NAGAR is UBIN0934534. The first four letters UBIN are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 934534 map to this branch in MARGAO, GOA.

Bank profile

Union Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Zuari Nagar branch — IFSC UBIN0934534 — extends the bank's services to customers in and around Margao, Goa.

Branch details at a glance

About the Zuari Nagar branch

The Zuari Nagar branch of Union Bank of India is situated at DR ISIDORO CARVALHO RESIDENCY ZUARI NAGAR GOA 403726. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code UBIN0934534 is used.

Why every Union Bank of India branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including ZUARI NAGAR of Union Bank of India — its own 11-character IFSC. The code UBIN0934534 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC UBIN0934534 the same way you would treat your account number — verify it once and save it carefully for future use.

Account types you can open at the Zuari Nagar branch

Once you have an account at Union Bank of India – ZUARI NAGAR, the IFSC UBIN0934534 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Zuari Nagar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8308382544.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC UBIN0934534

How to transfer money using IFSC UBIN0934534

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC UBIN0934534 across all three.

NEFT to Union Bank of India, ZUARI NAGAR using IFSC UBIN0934534

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC UBIN0934534, and confirm that the system picks up Union Bank of India – ZUARI NAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to ZUARI NAGAR

If you need to transfer ₹2 lakh or more in one go to an account at Union Bank of India's ZUARI NAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UBIN0934534 while initiating the transfer and the credit will appear within minutes.

IMPS to Union Bank of India ZUARI NAGAR (IFSC UBIN0934534)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UBIN0934534 in your mobile or internet banking app, and the money is credited to the ZUARI NAGAR branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Zuari Nagar

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC UBIN0934534:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at ZUARI NAGAR is still linked to IFSC UBIN0934534.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC UBIN0934534

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Union Bank of India – ZUARI NAGAR is still mapped to IFSC UBIN0934534. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC UBIN0934534 and the beneficiary's account number to complete the transfer.

Online banking and IFSC UBIN0934534

Union Bank of India customers can register for net banking and the bank's official mobile app once their account at the ZUARI NAGAR branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC UBIN0934534 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by Union Bank of India carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC UBIN0934534 and the account number together uniquely identify the Zuari Nagar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Union Bank of India – ZUARI NAGAR:

• The IFSC is exactly UBIN0934534 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Union Bank of India as the bank name and ZUARI NAGAR as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Reaching the branch

The Zuari Nagar branch sits at DR ISIDORO CARVALHO RESIDENCY ZUARI NAGAR GOA 403726. If you are travelling from outside Margao, search for the branch on a maps application using the bank name and locality, or call 91-8308382544 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC UBIN0934534 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC UBIN0934534 for Union Bank of India – ZUARI NAGAR, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Working hours

Branch counters at Zuari Nagar are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to UBIN0934534 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: UBIN0934534 is the IFSC code of Union Bank of India, ZUARI NAGAR branch, in MARGAO, GOA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.