How to Reset Union bank of India Transaction Password

It’s hard to believe, but every account in India has its own unique transaction password. This particular code allows you to make cash transactions at Union Bank’s online banking portal without having to enter your user ID and password every time you make a transaction.

If you’ve lost your union bank transaction password or have forgotten it, don’t worry! There are still ways to reset the new transaction password on your own, without having to visit your nearest branch or ATM centre.

What is the Union Bank of India Transaction Password?

The Union Bank of India Transaction Password is a six digit password that is used to initiate fund transfers on the Union Bank of India network.

The password is used in conjunction with the 11 digit IFSC code and the account number to complete transactions. The Union Bank of India Transaction Password can be changed at any time by the account holder.

How to Reset the Union Bank of India Transaction Password?

Union Bank of India provides an online banking facility to its customers to allow them to do banking transactions from anywhere, anytime. The online banking service is very user-friendly and easy to use.

However, in case you forget your Union Bank of India Transaction Password, you can reset it by following the methods given below:

Note, First and foremost, make sure to have your account information and the new password you want to set handy.

Steps to Reset Union Bank of India Transaction Password with a Debit card

Union Bank of India provides an easy way to reset your Transaction Password with a Debit card. You can either visit the bank branch or use the automated online system. Just follow the steps.

Step 1: Go to union bank password reset page. – Guide to Register Net Baning With Debit Card.

Step 2: Select the Online Registration Mode.

1. Online reset of Login/Transaction password(s) – Retail users having Debit Card:

2. Online reset of Login Password – Retail users without Debit card

Step 3: Using a debit card, I pick option 1 and proceed. Why did I select option 1? Because one of the primary motivations for signing up for online banking is to transfer money.

Step 4: After entering your User ID, Account Number, Birth Date, PAN Number, verify answer & click Continue.

Step 5: Enter the Debit Card/ATM Number and PIN, then click Continue.

Step 6: Select the type of facility, and remember to read and accept the terms and conditions before proceeding.

Step 7: Enter the OTP that was issued to your registered mobile phone number and click the Continue button.

Step 8: Now that you’ve obtained your bank’s user ID, Fill in your Transaction Password, then press the Continue button.

Finally, you created a Net banking Transaction password.

Steps to Reset Union Bank of India Transaction Password without a Debit card

Union Bank of India customers who have forgotten their Transaction Password can reset it without a Debit card. To reset your Transaction Password, please follow these steps:

Step 1: Go to union bank password reset page. – Guide to Register Net Baning Without Debit Card

Step 2: Pick the Online Registration Mode.

1. Online reset of Login/Transaction password(s) – Retail users having Debit Card

2. Online reset of Login Password – Retail users without Debit card

Step 3: I choose option 2 without a debit card.

Step 4: Click Continue after providing your User ID, Account Number, Birth Date, PAN Number, Transaction type with amount and Verification Code.

Step 5: Enter the OTP sent to your registered phone number and press the Continue button.

Step 6: Now that you’ve received your bank’s user ID, go ahead and log in. Fill in your Transaction password, and then press the Continue button.

Step 7: You finished by resetting a Net banking Transaction password.

Steps to Reset Union Bank Transaction Password using Mobile banking

Step 1: Log in to Mobile Banking with your login PIN.

Step 2: Slide the dashboard from right to left on the choice.

Step 3: Select the Settings icon.

Step 4: Select Reset Transaction PIN from the list of options.

Step 5: Choose any one of the options. I chose the “I have a Debit card” option here.

Step 6: Enter Debit card Details & click Submit.

Step 7: Now, input the New Transaction PIN twice and press the Submit button.

why Union Bank of India Transaction Password must not be easy?

There are a few reasons why Union Bank of India’s (UBI) transaction password must not be easy. First and foremost, security is of utmost importance when it comes to banking transactions.

With such a simple password, anyone could potentially access someone’s account and steal their money. Additionally, if the password is easy to remember, people are more likely to forget it, which could lead to an even bigger security issue.

Where I can use Transaction Password?

Transaction passwords can be used in the following scenarios:

  • When you make online payments for goods or services
  • When you transfer money to another bank account

Conclusion

I hope you were able to successfully reset your union bank of India transaction password. Make sure to keep your username, password and other important information safe and secure.

If any queries, let me know through the comment below. Please visit our website daily more updates will come soon.

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