Find United Overseas Bank IFSC Code, MICR Code and branch details for NEFT, RTGS & IMPS transactions.
United Overseas Bank is a multinational banking organization with its headquarters in Singapore. The bank was established in 1935 and has been offering various banking services since then. The United Overseas Bank IFSC code plays a significant role in ensuring the smooth functioning of these services.
United Overseas Bank operates in most South Asian countries and has over 500 offices spreading across the Asia Pacific, North America, and Western Europe. United Overseas Bank provides personal financial services, corporate banking, commercial banking, and the like.
The IFSC and the MICR code of the United Overseas Bank have a vital role to play in their banking facilities. Let's learn more about these codes and how to access them throughout this article.
The Reserve Bank of India introduced the Indian Financial System Code. It is an eleven-character alphanumeric code that is unique for each branch. The IFSC code ensures money is transferred within minutes without customers standing in queues.
The United Overseas Bank IFSC code has eleven characters as per the standard structure. These codes are alphanumeric in nature, and we can divide them into three parts. The first four letters of the code stand for the bank name; the mid character is zero saved for future usage. The final part has six characters that resemble the branch name/location.
Let's understand this structure better with an example, the United Overseas Bank India Mumbai branch IFSC code is UOVB0000001. We can divide this code into three parts. The first part, UOB, stands for the bank's name. The central character is zero, which is reserved for future usage. The last six characters, 000001 are, representing the location Mumbai.
We need the IFSC code for all types of digital fund transfer methods like NEFT, RTGS, and IMPS. The prime function of the IFSC code is to locate the bank branches. Hence it ensures that your money gets deposited into the right account without any discrepancies.
Another banking code that is equally important as the IFSC code is the MICR code. The letters MICR stand for Magnetic Ink Character Recognition code. Banks use this code for clearing paper-based documents like cheques.
The MICR code has a total of nine characters with numerics only. The function of the IFSC code and the MICR is quite similar. MICR code also helps identify bank branches with the magnetic ink character recognition system.
Like the IFSC code, we can also divide the MICR code into three parts. The first part of the MICR code stands for the city's name, the mid part is for the bank's name, and the final part symbolizes the location name.
The MICR code of the United Overseas Bank Mumbai branch is 400036257. Here the first three numbers, 400, corresponding to the city Mumbai. The following three numbers, 036, correspond to the bank name, and the last three numbers, 257, stand for the location.
The MICR code is printed using a unique magnetic ink to prevent any fake transactions. There are so many sources to find the MICR and IFSC codes. If you don't know where to get these codes from, see the following section of this guide.
Finding the IFSC and MICR code has become quite easy. There are different offline and online sources that can help you access the United Overseas Bank IFSC code and MICR code of any branch.
Find Your Bank website and mobile app is one such place where you can get the IFSC and MICR code of any bank, including the UOB. Get these codes from the app and the website following these simple steps-
After selecting all these options, the UOB IFSC and MICR code will appear on the screen within seconds. Besides, Find Your Bank, there are other sources to find the codes. Let's find them out-
The United Overseas bank cheque book and passbook are some of the most authentic sources to access the IFSC and MICR code. If you have an account in the UOB bank, you will get the passbook and cheque book.
The Reserve Bank of India has records of the United Overseas Bank IFSC code on its website. Hence, whenever you need UOB IFSC codes of any branch, you can check them on the RBI website.
The bank's own net banking sites are another reliable source to get the UOB IFSC and MICR code. Go to UOB bank's official website or download their net banking app to acquire the mentioned codes.
If you're still unable to access the IFSC and MICR code of United Overseas Bank, get in touch with their customer support team. Every bank comes with their customer care services who are willing to help their customers with any query at any time.
The United Overseas Bank customer care number is 022 4247 2828.
NEFT, RTGS, IMPS are the most popular methods of sending money digitally. Nowadays, people prefer sending money online as it saves them a lot of time and effort. If you have a smartphone or computer and a good internet connection, you can transfer money within seconds.
NEFT, RTGS, and IMPS have different timings, charges, and limits of sending money.
National Electronic Fund Transfer is a DNS-based system where money is sent in batches. NEFT is operational 24*7, and it takes two to three hours for the money to be deposited in the remitter's account.
NEFT also does not have any upper and lower limits on sending money. The information you will need for sending money are-
The NEFT charges of the United Overseas Bank is as follows-
|Upto Rs. 10,000||Rs. 1.50 per transaction|
|Rs. 10,000 to Rs. 1 lakh||Rs. 4 per transaction|
|Rs. 1 lakh to Rs. 2 lakh||Rs. 14 per transaction|
|Above Rs. 2 lakh||Rs. 24 per transaction|
We use Real Time Gross Settlement or RTGS for making large sum transactions. The minimum amount for RTGS transactions is Rs. 2 lakhs. UOB bank RTGS service is available all through the week except for 2nd and 4th Saturdays.
You will need the following receiver information for making an RTGS transaction-
The RTGS charges of the United Overseas Bank is as follows-
|Rs. 2 lakh to Rs. 5 lakh||Rs. 24 per transaction|
|Above Rs. 5 lakhs||Rs. 49 per transaction|
When you have to spend money immediately, you should use the IMPS fund transfer mode. IMPS service is available 24*7, so sending emergency funds has become a lot easier.
The information required for sending money via IMPS are as follows-
Here are the charges for the UOB IMPS payment mode-
|Upto Rs. 10,000||Rs. 2.50 per transaction|
|Rs. 10,000 to Rs. 1 lakh||Rs. 5 per transaction|
|Rs. 1 lakh to Rs. 2 lakh||Rs. 15 per transaction|
United Overseas Bank Limited is a Singapore-based multinational banking organization. It provides various financial services, and its services can be grouped under three main segments such as- Group Wholesale Banking, Group Retail, and Global Markets.
The bank was founded in 1935, and initially, it was known as the United Chinese Bank. UOB is the 3rd largest bank in Southeast Asia which was initially set up by a group of Chinese businessmen. UOB bank has 500 offices around different countries worldwide, with 68 branches in Singapore itself.
The United Overseas Bank was founded by the Wee family, and they own a 17% share of the bank.
The branch code is the first three digits of your account number, so you can easily find it in your passbook.
United Overseas Bank is a multinational banking organization that provides various financial services to its customers.
Yes, UOB is the third largest bank in Southeast Asia which avails multiple private banking services. Hence, it is a good bank.