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 Sathuvachari branch in Vellore, Sathuvanchary, Tamil Nadu, 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 Vellore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code UBIN0930024. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Union Bank Of India, Sathuvachari, Vellore

Here are the key points that are associated with the IFSC Code UBIN0930024 of Union Bank Of India for its branch located in Vellore, within the district of Sathuvanchary in the state of Tamil Nadu.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0930024
Branch Sathuvachari
City Vellore
District Sathuvanchary
State Tamil Nadu
Address First Floor,Door No.12A By 96 Arcot Road,Sathuvachari,Vellore Dist 632009 Tamilnadu

These details are important not only for users using online banking but also for businesses and individuals who use Union Bank Of India in Vellore for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UBIN0930024 for the Sathuvachari 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 Sathuvachari, Vellore, Tamil Nadu, are allotted a unique IFSC like UBIN0930024 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Vellore.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Vellore and Sathuvanchary.
  • 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 Sathuvachari reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.

Format of the IFSC Code UBIN0930024

The format of the IFSC Code for banks, including Union Bank Of India, follows 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 Sathuvachari in Vellore.

For example, the IFSC Code UBIN0930024 of Union Bank Of India for the Sathuvachari branch includes these elements, identifying the bank and the branch location in Vellore and Tamil Nadu accurately.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0930024 of Union Bank Of India for its Sathuvachari branch located in Vellore, 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 Vellore and Sathuvanchary, 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 Sathuvachari or Vellore to get the exact IFSC Code UBIN0930024.

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 Vellore that will provide accurate information.

How to Use IFSC Code UBIN0930024 for Online Transfers?

Once you have the IFSC Code UBIN0930024 for the Sathuvachari branch of Union Bank Of India in Vellore, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UBIN0930024. 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 UBIN0930024.

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 Sathuvachari in Vellore may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Union Bank Of India in Sathuvachari, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Union Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Vellore manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India in Sathuvachari, Vellore?

The IFSC Code is UBIN0930024.

Is the IFSC Code UBIN0930024 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 Sathuvachari?

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 Sathuvachari branch?

The address of the branch is First Floor,Door No.12A By 96 Arcot Road,Sathuvachari,Vellore Dist 632009 Tamilnadu located in Vellore, Sathuvanchary, 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.