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 Service Branch Madurai branch in Madurai, Madurai, 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 Madurai or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code UBIN0559733. 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, Service Branch Madurai, Madurai

The table below shows the main details of the IFSC Code UBIN0559733 for the Union Bank Of India branch in Madurai, which falls under the Madurai district in Tamil Nadu.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0559733
Branch Service Branch Madurai
City Madurai
District Madurai
State Tamil Nadu
Address 72 P T Rajan Road Bibikulam Madurai

These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Madurai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0559733 for the Service Branch Madurai 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 Service Branch Madurai, Madurai, Tamil Nadu, are given a unique IFSC like UBIN0559733 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Madurai.
  • 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 Madurai and Madurai.
  • 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 Service Branch Madurai 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 UBIN0559733

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 Service Branch Madurai in Madurai.

For example, the IFSC Code UBIN0559733 of Union Bank Of India for the Service Branch Madurai branch includes these elements, identifying the bank and the branch location in Madurai and Tamil Nadu correctly.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0559733 of Union Bank Of India for its Service Branch Madurai branch located in Madurai, the following methods can help:

Cheque Book

The cheque books that are issued by Union Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Union Bank Of India branches in Madurai and Madurai, 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 find the branch locator section. Search for Service Branch Madurai or Madurai to get the exact IFSC Code UBIN0559733.

Mobile Banking App

If you use Union Bank Of India's mobile app, you can easily 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 to help you in searching for Union Bank Of India and Madurai that will provide accurate information.

How to Use IFSC Code UBIN0559733 for Online Transfers?

Once you have the IFSC Code UBIN0559733 for the Service Branch Madurai branch of Union Bank Of India in Madurai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0559733. 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 UBIN0559733.

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 Service Branch Madurai in Madurai, your payment can get delayed or might not go through at all.

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 Service Branch Madurai, 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 Madurai 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 in Service Branch Madurai, Madurai?

The IFSC Code is UBIN0559733.

Is the IFSC Code UBIN0559733 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Union Bank Of India Service Branch Madurai?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Service Branch Madurai branch?

The address of the branch is 72 P T Rajan Road Bibikulam Madurai located in Madurai, Madurai, Tamil Nadu.

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.

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