Below are the complete branch details for Union Bank of India, SERVICE BR, NAGPUR branch, located in NAGPUR, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is UBIN0549720. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case UBIN0549720 for Union Bank of India – SERVICE BR, NAGPUR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, UBIN0549720 is the IFSC of Union Bank of India's SERVICE BR, NAGPUR branch. The format is fixed: UBIN = bank code, 0 = reserved, 549720 = branch identifier.
Bank profile
Union Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Service Br, Nagpur branch — IFSC UBIN0549720 — extends the bank's services to customers in and around Nagpur, Maharashtra.
Branch details at a glance
| Bank Name | Union Bank of India |
|---|---|
| Branch | Service Br, Nagpur |
| IFSC Code | UBIN0549720 |
| MICR Code | Refer to cheque leaf |
| Branch Address | V.N. SATHE BUILDING, NEAR LOKMAT,5, WARDHA ROAD, LOKMAT SQUARE, |
| City | Nagpur |
| District | Nagpur |
| State | Maharashtra |
Service Br, Nagpur branch overview
Located at V.N. SATHE BUILDING, NEAR LOKMAT,5, WARDHA ROAD, LOKMAT SQUARE,, the Service Br, Nagpur branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC UBIN0549720 is required for all interbank electronic transfers routed through this branch.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Union Bank of India's SERVICE BR, NAGPUR branch came to be assigned the code UBIN0549720.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC UBIN0549720, money simply cannot be routed to the SERVICE BR, NAGPUR branch electronically.
Products and account variants supported
Every account opened at the Service Br, Nagpur branch is mapped to IFSC UBIN0549720 on the RBI payments network. The branch generally supports the full retail product catalogue of Union Bank of India, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains UBIN0549720.
Banking services available
The Service Br, Nagpur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on the branch contact number.
- 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 UBIN0549720
How to transfer money using IFSC UBIN0549720
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 UBIN0549720 across all three.
NEFT to Union Bank of India, SERVICE BR, NAGPUR using IFSC UBIN0549720
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 UBIN0549720, and confirm that the system picks up Union Bank of India – SERVICE BR, NAGPUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC UBIN0549720
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Union Bank of India – SERVICE BR, NAGPUR, ensure your bank's portal accepts IFSC UBIN0549720 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Union Bank of India SERVICE BR, NAGPUR (IFSC UBIN0549720)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UBIN0549720 in your mobile or internet banking app, and the money is credited to the SERVICE BR, NAGPUR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UBIN0549720 for Union Bank of India – SERVICE BR, NAGPUR, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – UBIN0549720 | Yes – UBIN0549720 | Yes – UBIN0549720 |
For most retail customers crediting the Service Br, Nagpur branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Union Bank of India's SERVICE BR, NAGPUR branch, the IFSC UBIN0549720 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Online banking and IFSC UBIN0549720
Union Bank of India customers can register for net banking and the bank's official mobile app once their account at the SERVICE BR, NAGPUR 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 UBIN0549720 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 UBIN0549720 and the account number together uniquely identify the Service Br, Nagpur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC UBIN0549720
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Union Bank of India – SERVICE BR, NAGPUR, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
UBIN0549720. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Service Br, Nagpur branch
The branch is located at V.N. SATHE BUILDING, NEAR LOKMAT,5, WARDHA ROAD, LOKMAT SQUARE,, which puts it inside Nagpur, the broader Nagpur district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Union Bank of India Service Br, Nagpur branch” — the verified location pin for IFSC UBIN0549720 should appear at the top of the results.
- Confirm the branch is open by calling the branch contact number before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC UBIN0549720 and your account number.
Verifying IFSC UBIN0549720 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm UBIN0549720 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Service Br, Nagpur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UBIN0549720, however, work 24x7.
Branch address & contact
Union Bank of IndiaService Br, Nagpur Branch
V.N. SATHE BUILDING, NEAR LOKMAT,5, WARDHA ROAD, LOKMAT SQUARE,
Nagpur, Maharashtra
Phone: the branch contact number
IFSC: UBIN0549720
Frequently asked questions
What is the phone number of Union Bank of India Service Br, Nagpur branch?
You can reach the branch at the branch contact number during regular banking hours.
Does Union Bank of India Service Br, Nagpur branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Service Br, Nagpur branch but serve different purposes.
Is IFSC UBIN0549720 valid for NEFT and RTGS?
Yes. IFSC UBIN0549720 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using UBIN0549720 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Union Bank of India – Service Br, Nagpur reflect within 30 minutes.
Is IFSC UBIN0549720 the same for all accounts at Service Br, Nagpur branch?
Yes. The IFSC UBIN0549720 is shared by every account held at Union Bank of India's Service Br, Nagpur branch. Only the account number changes from customer to customer.
How do I add Union Bank of India Service Br, Nagpur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UBIN0549720, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code UBIN0549720 belongs to Union Bank of India's SERVICE BR, NAGPUR branch, located at V.N. SATHE BUILDING, NEAR LOKMAT,5, WARDHA ROAD, LOKMAT SQUARE, in NAGPUR, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
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