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 Suttur branch in Mysuru, Mysuru, 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 Mysuru or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UBIN0579009. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Union Bank Of India, Suttur, Mysuru
Here are the key points that are associated with the IFSC Code UBIN0579009 of Union Bank Of India for its branch located in Mysuru, within the district of Mysuru in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0579009 |
| Branch | Suttur |
| City | Mysuru |
| District | Mysuru |
| State | Karnataka |
| Address | Naer Siddananja Deshikendra Mangala Mantapa, Suttur Village, Nanjangud Taluk,Mysuru District-571129 |
These details helps users in online banking and for businesses and individuals who use Union Bank Of India in Mysuru for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0579009 for the Suttur 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, including Union Bank Of India located in Suttur, Mysuru, Karnataka, is provided with a unique IFSC like UBIN0579009 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Union Bank Of India branch in Mysuru.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Mysuru and Mysuru.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Union Bank Of India in Suttur do not get mixed with another location.
Format of the IFSC Code UBIN0579009
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 Suttur in Mysuru.
For example, the IFSC Code UBIN0579009 of Union Bank Of India for the Suttur branch includes these elements, identifying the bank and the branch location in Mysuru and Karnataka accurately.
How to Find IFSC Code for Union Bank Of India?
If you are looking for the IFSC Code UBIN0579009 of Union Bank Of India for its Suttur branch located in Mysuru, 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 Mysuru and Mysuru, 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 Suttur or Mysuru to get the exact IFSC Code UBIN0579009.
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 Mysuru, then it will provide you proper information.
How to Use IFSC Code UBIN0579009 for Online Transfers?
Once you have the IFSC Code UBIN0579009 for the Suttur branch of Union Bank Of India in Mysuru, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0579009. Transfers are processed in batches. This is 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. Requires the recipient's account details and Union Bank Of India IFSC Code UBIN0579009.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Union Bank Of India Suttur in Mysuru 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 Suttur, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Mysuru manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Suttur Mysuru branch is UBIN0579009.
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 Naer Siddananja Deshikendra Mangala Mantapa, Suttur Village, Nanjangud Taluk,Mysuru District-571129.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.