Below are the complete branch details for Union Bank of India, COTTON GREEN - MUMBAI branch, located in MUMBAI, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is UBIN0531651. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case UBIN0531651 for Union Bank of India – COTTON GREEN - MUMBAI — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, UBIN0531651 is the IFSC of Union Bank of India's COTTON GREEN - MUMBAI branch. The format is fixed: UBIN = bank code, 0 = reserved, 531651 = branch identifier.
About the bank
Union Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Cotton Green - Mumbai branch in Mumbai, Maharashtra is part of this network and uses the IFSC code UBIN0531651 for all electronic settlement.
Branch details at a glance
| Bank Name | Union Bank of India |
|---|---|
| Branch | Cotton Green - Mumbai |
| IFSC Code | UBIN0531651 |
| MICR Code | Refer to cheque leaf |
| Branch Address | PALS HOTEL BLDG., KALA CHOWKI,NEAR COTTON GREEN RAILWAY STATION,MUMBAI - 400 033. |
| City | Mumbai |
| District | Greater Bombay |
| State | Maharashtra |
About the Cotton Green - Mumbai branch
The Cotton Green - Mumbai branch of Union Bank of India is situated at PALS HOTEL BLDG., KALA CHOWKI,NEAR COTTON GREEN RAILWAY STATION,MUMBAI - 400 033.. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code UBIN0531651 is used.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Union Bank of India's COTTON GREEN - MUMBAI branch came to be assigned the code UBIN0531651.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC UBIN0531651, money simply cannot be routed to the COTTON GREEN - MUMBAI branch electronically.
Account types you can open at the Cotton Green - Mumbai branch
Once you have an account at Union Bank of India – COTTON GREEN - MUMBAI, the IFSC UBIN0531651 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Cotton Green - Mumbai branch can access most of Union Bank of India's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC UBIN0531651
How to transfer money using IFSC UBIN0531651
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC UBIN0531651 across all three.
How to use IFSC UBIN0531651 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Union Bank of India's COTTON GREEN - MUMBAI branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC UBIN0531651.
- Confirm the bank name auto-populates as Union Bank of India and the branch as COTTON GREEN - MUMBAI.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to COTTON GREEN - MUMBAI
If you need to transfer ₹2 lakh or more in one go to an account at Union Bank of India's COTTON GREEN - MUMBAI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UBIN0531651 while initiating the transfer and the credit will appear within minutes.
IMPS to Union Bank of India COTTON GREEN - MUMBAI (IFSC UBIN0531651)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UBIN0531651 in your mobile or internet banking app, and the money is credited to the COTTON GREEN - MUMBAI branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UBIN0531651 for Union Bank of India – COTTON GREEN - MUMBAI, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – UBIN0531651 | Yes – UBIN0531651 | Yes – UBIN0531651 |
For most retail customers crediting the Cotton Green - Mumbai branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Union Bank of India's COTTON GREEN - MUMBAI branch, the IFSC UBIN0531651 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Digital banking channels
Most day-to-day work that customers used to do at the Cotton Green - Mumbai branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC UBIN0531651 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
MICR & cheque-truncation details
Cheques drawn on the Cotton Green - Mumbai branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UBIN0531651 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Union Bank of India – COTTON GREEN - MUMBAI:
- The IFSC is exactly UBIN0531651 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Union Bank of India as the bank name and COTTON GREEN - MUMBAI as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Reaching the branch
The Cotton Green - Mumbai branch sits at PALS HOTEL BLDG., KALA CHOWKI,NEAR COTTON GREEN RAILWAY STATION,MUMBAI - 400 033.. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call the branch contact number to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC UBIN0531651 and your account number.
Verifying IFSC UBIN0531651 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm UBIN0531651 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Cotton Green - Mumbai branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UBIN0531651, however, work 24x7.
Branch address & contact
Union Bank of IndiaCotton Green - Mumbai Branch
PALS HOTEL BLDG., KALA CHOWKI,NEAR COTTON GREEN RAILWAY STATION,MUMBAI - 400 033.
Mumbai, Maharashtra
Phone: the branch contact number
IFSC: UBIN0531651
Frequently asked questions
Can I use IFSC UBIN0531651 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UBIN0531651 to send funds instantly.
How do I add Union Bank of India Cotton Green - Mumbai as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UBIN0531651, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Cotton Green - Mumbai branch but serve different purposes.
What is the phone number of Union Bank of India Cotton Green - Mumbai branch?
You can reach the branch at the branch contact number during regular banking hours.
Is IFSC UBIN0531651 valid for NEFT and RTGS?
Yes. IFSC UBIN0531651 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using UBIN0531651 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Union Bank of India – Cotton Green - Mumbai reflect within 30 minutes.
What is the IFSC code of Union Bank of India Cotton Green - Mumbai branch?
The IFSC code of Union Bank of India, Cotton Green - Mumbai branch is UBIN0531651. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code UBIN0531651 belongs to Union Bank of India's COTTON GREEN - MUMBAI branch, located at PALS HOTEL BLDG., KALA CHOWKI,NEAR COTTON GREEN RAILWAY STATION,MUMBAI - 400… in MUMBAI, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
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