This page lists the IFSC code, branch address, contact number and fund-transfer information for Union Bank of India, BHUGAON branch in PUNE. The 11-digit IFSC UBIN0914941 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Union Bank of India at the BHUGAON location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Union Bank of India's BHUGAON branch, the IFSC UBIN0914941 breaks down as follows: UBIN identifies the bank, 0 is the reserved character, and 914941 identifies this particular branch.
Branch details at a glance
| Bank Name | Union Bank of India |
|---|---|
| Branch | Bhugaon |
| IFSC Code | UBIN0914941 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHOP NO 12,13,14,15,16,SARTHAK COMPLEX,SHOP NO 518,H NO 13 11 C2,BHUGAON POST,MULSHI TALUK,PUNE DISTRICT 411042 |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| STD Code | 20 |
| Phone | 20255025 |
About Union Bank of India
Union Bank of India operates a wide network of branches across India, including the Bhugaon branch in Pune. 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, UBIN0914941.
About the Bhugaon branch
The Bhugaon branch of Union Bank of India is situated at SHOP NO 12,13,14,15,16,SARTHAK COMPLEX,SHOP NO 518,H NO 13 11 C2,BHUGAON POST,MULSHI TALUK,PUNE DISTRICT 411042. 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 UBIN0914941 is used.
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 BHUGAON branch came to be assigned the code UBIN0914941.
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 UBIN0914941, money simply cannot be routed to the BHUGAON branch electronically.
How to transfer money using IFSC UBIN0914941
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 UBIN0914941 across all three.
NEFT to Union Bank of India, BHUGAON using IFSC UBIN0914941
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 UBIN0914941, and confirm that the system picks up Union Bank of India – BHUGAON. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to BHUGAON
If you need to transfer ₹2 lakh or more in one go to an account at Union Bank of India's BHUGAON branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UBIN0914941 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Union Bank of India – BHUGAON, use IMPS. With IFSC UBIN0914941 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Bhugaon
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 UBIN0914941:
- 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 BHUGAON is still linked to IFSC UBIN0914941.
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.
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 BHUGAON branch, the IFSC UBIN0914941 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.
Products and account variants supported
Every account opened at the Bhugaon branch is mapped to IFSC UBIN0914941 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 UBIN0914941.
Products and services
Customers walking into the Bhugaon branch can access most of Union Bank of India's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC UBIN0914941
MICR & cheque-truncation details
Cheques drawn on the Bhugaon branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UBIN0914941 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Bhugaon branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC UBIN0914941 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Common mistakes to avoid when using IFSC UBIN0914941
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 – BHUGAON, 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:
UBIN0914941. - 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 Bhugaon branch
The branch is located at SHOP NO 12,13,14,15,16,SARTHAK COMPLEX,SHOP NO 518,H NO 13 11 C2,BHUGAON POST,MULSHI TALUK,PUNE DISTRICT 411042, which puts it inside Pune, the broader Pune district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Union Bank of India Bhugaon branch” — the verified location pin for IFSC UBIN0914941 should appear at the top of the results.
- Confirm the branch is open by calling 20-20255025 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 UBIN0914941 and your account number.
Verifying IFSC UBIN0914941 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 UBIN0914941 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 20-20255025.
- 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 Bhugaon branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UBIN0914941, however, work 24x7.
Branch address & contact
Union Bank of IndiaBhugaon Branch
SHOP NO 12,13,14,15,16,SARTHAK COMPLEX,SHOP NO 518,H NO 13 11 C2,BHUGAON POST,MULSHI TALUK,PUNE DISTRICT 411042
Pune, Maharashtra
Phone: 20-20255025
IFSC: UBIN0914941
Frequently asked questions
Is IFSC UBIN0914941 the same for all accounts at Bhugaon branch?
Yes. The IFSC UBIN0914941 is shared by every account held at Union Bank of India's Bhugaon branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using UBIN0914941 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Union Bank of India – Bhugaon reflect within 30 minutes.
What is the IFSC code of Union Bank of India Bhugaon branch?
The IFSC code of Union Bank of India, Bhugaon branch is UBIN0914941. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add Union Bank of India Bhugaon as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UBIN0914941, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC UBIN0914941 valid for NEFT and RTGS?
Yes. IFSC UBIN0914941 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
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 Bhugaon branch but serve different purposes.
Can I use IFSC UBIN0914941 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UBIN0914941 to send funds instantly.
Summary
The IFSC code UBIN0914941 belongs to Union Bank of India's BHUGAON branch, located at SHOP NO 12,13,14,15,16,SARTHAK COMPLEX,SHOP NO 518,H NO 13 11 C2,BHUGAON… in PUNE, 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.
