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 Union Bank Of India for its Sulia branch in Bangalore, Sulia, 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 Union Bank Of India located in Bangalore or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UBIN0559911. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Union Bank Of India, Sulia, Bangalore

Here are the key points that are associated with the IFSC Code UBIN0559911 of Union Bank Of India for its branch located in Bangalore, within the district of Sulia in the state of Karnataka.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0559911
Branch Sulia
City Bangalore
District Sulia
State Karnataka
Address Sulia, Sulia, Bangalore, Kar

These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Bangalore for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0559911 for the Sulia branch of Union Bank Of India 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 UBIN0559911 is given to every bank branch, including Union Bank Of India located in Sulia, Bangalore, Karnataka, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Union Bank Of India branch in Bangalore.
  • 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 Bangalore and Sulia.
  • 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 Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Union Bank Of India in Sulia doesn't end up at another location.

Format of the IFSC Code UBIN0559911

This is the format of the IFSC Code for banks, including Union Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Union Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Sulia in Bangalore.

For example, the IFSC Code UBIN0559911 of Union Bank Of India for the Sulia branch includes these elements, identifying the bank and the branch location in Bangalore and Karnataka accurately.

How to Find IFSC Code for Union Bank Of India?

If you are looking for the IFSC Code UBIN0559911 of Union Bank Of India for its Sulia branch located in Bangalore, the following methods can help:

Cheque Book

The cheque book that is issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Union Bank Of India branches in Bangalore and Sulia, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Union Bank Of India and look for the branch locator section, then search for Sulia or Bangalore to get the exact IFSC Code UBIN0559911.

Mobile Banking App

If you use Union Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Union Bank Of India and Bangalore, then it will provide you proper information.

How to Use IFSC Code UBIN0559911 for Online Transfers?

Once you have the IFSC Code UBIN0559911 for the Sulia branch of Union Bank Of India in Bangalore, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0559911. 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 Union Bank Of India IFSC Code UBIN0559911.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Union Bank Of India Sulia in Bangalore, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Union Bank Of India in Sulia, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Union Bank Of India website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Bangalore to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India Sulia Bangalore?

The IFSC Code of the Sulia Bangalore branch is UBIN0559911.

Is IFSC Code UBIN0559911 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Union Bank Of India Sulia branch?

The branch is located at Sulia, Sulia, Bangalore, Kar.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.