Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of City Union Bank Limited for its Alanganallur branch in Madurai, Alanganallur, or Tamil Nadu, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of City Union Bank Limited located in Madurai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CIUB0000547. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for City Union Bank Limited, Alanganallur, Madurai
Here are the key points that are associated with the IFSC Code CIUB0000547 of City Union Bank Limited for its branch located in Madurai, within the district of Alanganallur in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | City Union Bank Limited |
| IFSC Code | CIUB0000547 |
| Branch | Alanganallur |
| City | Madurai |
| District | Alanganallur |
| State | Tamil Nadu |
| Address | No 46A, Bharathiyar Street, Alanganallur, Madurai - 625501 |
These details are important not only for users using online banking but also for businesses and individuals who use City Union Bank Limited in Madurai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CIUB0000547 for the Alanganallur branch of City Union Bank Limited is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like CIUB0000547 is given to every bank branch, including City Union Bank Limited located in Alanganallur, Madurai, Tamil Nadu, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the City Union Bank Limited branch in Madurai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Madurai and Alanganallur.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for City Union Bank Limited in Alanganallur doesn't end up at another location.
Format of the IFSC Code CIUB0000547
The format of the IFSC Code for banks, including City Union Bank Limited, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For City Union Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Alanganallur in Madurai.
For example, the IFSC Code CIUB0000547 of City Union Bank Limited for the Alanganallur branch includes these elements, identifying the bank and the branch location in Madurai and Tamil Nadu correctly.
How to Find IFSC Code for City Union Bank Limited?
To find the IFSC Code CIUB0000547 of City Union Bank Limited for its Alanganallur branch located in Madurai, the following methods can help you out:
Cheque Book
The cheque book issued by City Union Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including City Union Bank Limited branches in Madurai and Alanganallur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of City Union Bank Limited and go to the branch locator section. Then search for Alanganallur or Madurai to find the exact IFSC Code CIUB0000547.
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 maintains an updated database of all IFSC codes. Searching for City Union Bank Limited and Madurai will provide accurate information.
How to Use IFSC Code CIUB0000547 for Online Transfers?
Once you have the IFSC Code CIUB0000547 for the Alanganallur branch of City Union Bank Limited in Madurai, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CIUB0000547. 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 CIUB0000547.
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 Alanganallur in Madurai, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of City Union Bank Limited in Alanganallur, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official City Union Bank Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Madurai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CIUB0000547.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is No 46A, Bharathiyar Street, Alanganallur, Madurai - 625501 located in Madurai, Alanganallur, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.