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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Union Bank Of India for its Coimbatore Sa Mills Ec branch in Coimbatore, Coimbatore, Tamil Nadu, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Union Bank Of India located in Coimbatore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code UBIN0921050. 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 Union Bank Of India, Coimbatore Sa Mills Ec, Coimbatore
Here are the key points that are associated with the IFSC Code UBIN0921050 of Union Bank Of India for its branch located in Coimbatore, within the district of Coimbatore in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0921050 |
| Branch | Coimbatore Sa Mills Ec |
| City | Coimbatore |
| District | Coimbatore |
| State | Tamil Nadu |
| Address | Sree Anantakumar Oil Mills Ltd,180 Sathy Road,Coimbatore 641035 |
These details are essential not only for online banking users but also for businesses and individuals who use Union Bank Of India in Coimbatore for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0921050 for the Coimbatore Sa Mills Ec branch of Union Bank Of India plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Union Bank Of India located in Coimbatore Sa Mills Ec, Coimbatore, Tamil Nadu, are given a unique IFSC like UBIN0921050 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Coimbatore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Coimbatore and Coimbatore.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Union Bank Of India in Coimbatore Sa Mills Ec goes to the correct branch. This is important because Union Bank Of India has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UBIN0921050
The format of the IFSC Code for banks, including Union Bank Of India, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Union Bank Of India, 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 Coimbatore Sa Mills Ec in Coimbatore.
For example, the IFSC Code UBIN0921050 of Union Bank Of India for the Coimbatore Sa Mills Ec branch includes these elements, identifying the bank and the branch location in Coimbatore and Tamil Nadu correctly.
How to Find IFSC Code for Union Bank Of India?
To find the IFSC Code UBIN0921050 of Union Bank Of India for its Coimbatore Sa Mills Ec branch located in Coimbatore, the following methods can help you out:
Cheque Book
The cheque book issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Union Bank Of India branches in Coimbatore and Coimbatore, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Union Bank Of India and go to the branch locator section. Then search for Coimbatore Sa Mills Ec or Coimbatore to find the exact IFSC Code UBIN0921050.
Mobile Banking App
If you use Union Bank Of India'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 Union Bank Of India and Coimbatore will provide accurate information.
How to Use IFSC Code UBIN0921050 for Online Transfers?
Once you have the IFSC Code UBIN0921050 for the Coimbatore Sa Mills Ec branch of Union Bank Of India in Coimbatore, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UBIN0921050. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Union Bank Of India IFSC Code UBIN0921050.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Union Bank Of India Coimbatore Sa Mills Ec in Coimbatore, your payment can get delayed or might not go through at all.
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 Union Bank Of India in Coimbatore Sa Mills Ec, 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 Union Bank Of India website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Coimbatore manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0921050.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Sree Anantakumar Oil Mills Ltd,180 Sathy Road,Coimbatore 641035 located in Coimbatore, Coimbatore, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.