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 Union Bank Of India for its R.S. Puram - Coimbatore branch in Coimbotore, Coimbatore, 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 Union Bank Of India located in Coimbotore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code UBIN0550264. 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, R.S. Puram - Coimbatore, Coimbotore
Here are the main details that are associated with the IFSC Code UBIN0550264 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 | UBIN0550264 |
| Branch | R.S. Puram - Coimbatore |
| City | Coimbotore |
| District | Coimbatore |
| State | Tamil Nadu |
| Address | Forest College Campus, Cowley Brown Rd,R.S.Puram, Coimbatore, Tamilnadu,Pin - 641 002. |
These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Coimbotore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0550264 for the R.S. Puram - Coimbatore branch of Union Bank Of India plays a vital 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 R.S. Puram - Coimbatore, Coimbotore, Tamil Nadu, are given a unique IFSC like UBIN0550264 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 any kind of 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 helps ensure that any money sent to Union Bank Of India in R.S. Puram - Coimbatore 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 UBIN0550264
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 R.S. Puram - Coimbatore in Coimbotore.
For example, the IFSC Code UBIN0550264 of Union Bank Of India for the R.S. Puram - Coimbatore 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 UBIN0550264 of Union Bank Of India for its R.S. Puram - Coimbatore 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 R.S. Puram - Coimbatore or Coimbotore to get the exact IFSC Code UBIN0550264.
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 UBIN0550264 for Online Transfers?
If you have the IFSC Code UBIN0550264 for the R.S. Puram - Coimbatore branch of Union Bank Of India in Coimbotore, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0550264. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and Union Bank Of India IFSC Code UBIN0550264.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Union Bank Of India R.S. Puram - Coimbatore in Coimbotore, it may 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 R.S. Puram - Coimbatore, 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 Coimbotore to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the R.S. Puram - Coimbatore Coimbotore branch is UBIN0550264.
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 Forest College Campus, Cowley Brown Rd,R.S.Puram, Coimbatore, Tamilnadu,Pin - 641 002..
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.