There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Union Bank Of India for its Coimbatore - Service Branch branch in Coimbotore, Coimbatore, Tamil Nadu, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Union Bank Of India situated in Coimbotore or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code UBIN0552577. You should 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 - Service Branch, Coimbotore
Here are the key points that are associated with the IFSC Code UBIN0552577 of Union Bank Of India for its branch located in Coimbotore, within the district of Coimbatore in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0552577 |
| Branch | Coimbatore - Service Branch |
| City | Coimbotore |
| District | Coimbatore |
| State | Tamil Nadu |
| Address | Union Bank Bhavan,2Nd Floor, 235, Oppanakara Street,Coimbatore |
These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Coimbotore for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0552577 for the Coimbatore - Service Branch 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 provided by the Reserve Bank of India. Every bank branch, along with Union Bank Of India located in Coimbatore - Service Branch, Coimbotore, Tamil Nadu, are allotted a unique IFSC like UBIN0552577 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Coimbotore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Coimbotore 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 makes sure that money sent to Union Bank Of India in Coimbatore - Service Branch reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.
Format of the IFSC Code UBIN0552577
The format of the IFSC Code for banks, including Union Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Union Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Coimbatore - Service Branch in Coimbotore.
For example, the IFSC Code UBIN0552577 of Union Bank Of India for the Coimbatore - Service Branch branch includes these elements, identifying the bank and the branch location in Coimbotore and Tamil Nadu accurately.
How to Find IFSC Code for Union Bank Of India?
If you are trying to find the IFSC Code UBIN0552577 of Union Bank Of India for its Coimbatore - Service Branch branch located in Coimbotore, the following methods can help:
Cheque Book
The cheque book issued by Union Bank Of India 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 Union Bank Of India branches in Coimbotore and Coimbatore, print them on the first page of your passbook.
Bank Website
Visit the official website of Union Bank Of India and navigate to the branch locator section. Search for Coimbatore - Service Branch or Coimbotore to get the exact IFSC Code UBIN0552577.
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 keeps an updated list of all IFSC codes. If you search for Union Bank Of India and Coimbotore, you'll get the correct details.
How to Use IFSC Code UBIN0552577 for Online Transfers?
Once you have the IFSC Code UBIN0552577 for the Coimbatore - Service Branch branch of Union Bank Of India in Coimbotore, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UBIN0552577. 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 UBIN0552577.
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 - Service Branch in Coimbotore, 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 - Service Branch, 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 Coimbotore manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0552577.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Union Bank Bhavan,2Nd Floor, 235, Oppanakara Street,Coimbatore located in Coimbotore, Coimbatore, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.