IFSC Code of Union Bank of India, Panipat - SSI Finance Branch Branch, Haryana

If you are searching for the IFSC code of Union Bank of India, PANIPAT - SSI FINANCE BRANCH branch in PANIPAT, HARYANA, this page has every detail you need. The verified IFSC code for this branch is UBIN0550256. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the PANIPAT - SSI FINANCE BRANCH branch, and detailed step-by-step guides for using the IFSC UBIN0550256 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

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 – PANIPAT - SSI FINANCE BRANCH is UBIN0550256. The first four letters UBIN are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 550256 map to this branch in PANIPAT, HARYANA.

Branch details at a glance

About Union Bank of India

Union Bank of India operates a wide network of branches across India, including the Panipat - SSI Finance Branch branch in Panipat. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, UBIN0550256.

About this branch

The branch is located at R-1195, WARD NO.7,G. T. ROAD, PANIPAT,HARYANA, PIN - 132 103.. It serves the Panipat region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Union Bank of India. The IFSC UBIN0550256 is used to identify this branch on the RBI payments network.

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 PANIPAT - SSI FINANCE BRANCH of Union Bank of India — its own 11-character IFSC. The code UBIN0550256 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 UBIN0550256 the same way you would treat your account number — verify it once and save it carefully for future use.

How to transfer money using IFSC UBIN0550256

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 UBIN0550256 across all three.

NEFT to Union Bank of India, PANIPAT - SSI FINANCE BRANCH using IFSC UBIN0550256

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 UBIN0550256, and confirm that the system picks up Union Bank of India – PANIPAT - SSI FINANCE BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to PANIPAT - SSI FINANCE BRANCH

If you need to transfer ₹2 lakh or more in one go to an account at Union Bank of India's PANIPAT - SSI FINANCE BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UBIN0550256 while initiating the transfer and the credit will appear within minutes.

IMPS to Union Bank of India PANIPAT - SSI FINANCE BRANCH (IFSC UBIN0550256)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UBIN0550256 in your mobile or internet banking app, and the money is credited to the PANIPAT - SSI FINANCE BRANCH branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC UBIN0550256 for Union Bank of India – PANIPAT - SSI FINANCE BRANCH, 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.

For most retail customers crediting the Panipat - SSI Finance Branch 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.

UPI payments and IFSC UBIN0550256

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 – PANIPAT - SSI FINANCE BRANCH is still mapped to IFSC UBIN0550256. 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 UBIN0550256 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Panipat - SSI Finance Branch branch is mapped to IFSC UBIN0550256 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 UBIN0550256.

Banking services available

The Panipat - SSI Finance Branch 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 UBIN0550256

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 UBIN0550256 and the account number together uniquely identify the Panipat - SSI Finance Branch branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC UBIN0550256

Union Bank of India customers can register for net banking and the bank's official mobile app once their account at the PANIPAT - SSI FINANCE BRANCH 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 UBIN0550256 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.

Common mistakes to avoid when using IFSC UBIN0550256

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 – PANIPAT - SSI FINANCE BRANCH, 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: UBIN0550256.
• 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 Panipat - SSI Finance Branch branch

The branch is located at R-1195, WARD NO.7,G. T. ROAD, PANIPAT,HARYANA, PIN - 132 103., which puts it inside Panipat, the broader Panipat district, and the state of Haryana. To plan your visit:

1. Open Google Maps on your phone and search for “Union Bank of India Panipat - SSI Finance Branch branch” — the verified location pin for IFSC UBIN0550256 should appear at the top of the results.
2. Confirm the branch is open by calling the branch contact number before stepping out, especially around public holidays.
3. 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 UBIN0550256 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC UBIN0550256 for Union Bank of India – PANIPAT - SSI FINANCE BRANCH, 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 Panipat - SSI Finance Branch 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 UBIN0550256 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code UBIN0550256 belongs to Union Bank of India's PANIPAT - SSI FINANCE BRANCH branch, located at R-1195, WARD NO.7,G. T. ROAD, PANIPAT,HARYANA, PIN - 132 103. in PANIPAT, HARYANA. 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.