For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of City Union Bank Limited for its Benagluru Jigani branch in Banglore, Bangalore, Karnataka, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of City Union Bank Limited located in Banglore or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CIUB0000583. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for City Union Bank Limited, Benagluru Jigani, Banglore
Here are some of the key details that come with the IFSC Code CIUB0000583 of City Union Bank Limited for its branch located in Banglore, within the district of Bangalore in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | City Union Bank Limited |
| IFSC Code | CIUB0000583 |
| Branch | Benagluru Jigani |
| City | Banglore |
| District | Bangalore |
| State | Karnataka |
| Address | No. 3A1, 2Nd Phase, Jigani Industrial Area Taluk, Jigani, Banglore 560105 |
These details are essential not only for online banking users but also for businesses and individuals who use City Union Bank Limited in Banglore for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CIUB0000583 for the Benagluru Jigani branch of City Union Bank Limited plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including City Union Bank Limited located in Benagluru Jigani, Banglore, Karnataka, is provided a unique IFSC like CIUB0000583 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the City Union Bank Limited branch in Banglore.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Banglore and Bangalore.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Karnataka and the rest of India, the IFSC Code ensures that transactions meant for City Union Bank Limited in Benagluru Jigani do not get misguided to another person.
Format of the IFSC Code CIUB0000583
The format of the IFSC Code for banks, including City Union Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In City Union Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Benagluru Jigani in Banglore.
For example, the IFSC Code CIUB0000583 of City Union Bank Limited for the Benagluru Jigani branch has these elements, identifying the bank and the branch location in Banglore and Karnataka correctly.
How to Find IFSC Code for City Union Bank Limited?
If you are trying to find the IFSC Code CIUB0000583 of City Union Bank Limited for its Benagluru Jigani branch located in Banglore, the following methods can help:
Cheque Book
The cheque book issued by City Union Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including City Union Bank Limited branches in Banglore and Bangalore, print them on the first page of your passbook.
Bank Website
Visit the official website of City Union Bank Limited and navigate to the branch locator section. Search for Benagluru Jigani or Banglore to get the exact IFSC Code CIUB0000583.
Mobile Banking App
If you use City Union Bank Limited's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for City Union Bank Limited and Banglore, you'll get the correct details.
How to Use IFSC Code CIUB0000583 for Online Transfers?
Once you have the IFSC Code CIUB0000583 for the Benagluru Jigani branch of City Union Bank Limited in Banglore, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CIUB0000583. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and City Union Bank Limited IFSC Code CIUB0000583.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for City Union Bank Limited Benagluru Jigani in Banglore, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of City Union Bank Limited in Benagluru Jigani, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official City Union Bank Limited website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Banglore manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Benagluru Jigani Banglore branch is CIUB0000583.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at No. 3A1, 2Nd Phase, Jigani Industrial Area Taluk, Jigani, Banglore 560105.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.