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IFSC and MICR Code For Union Bank Of India Ranchi Main
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| IFSC Code | UBIN0530085 |
|---|---|
| Bank |  UNION BANK OF INDIA |
| Address | KUTCHERY ROAD, RANCHI, DIST. RANCHI,JHARKHAND,PIN - 834 001. |
| City | RANCHI |
| State | JHARKHAND |
| Branch | RANCHI MAIN |
| Phone Nuber | 0 |
| Branch Code | 577707 |
| Micr Code | 834026002 |
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About Union Bank Of India
Union Bank Of India, , Ranchi Main IFSC code is UBIN0530085 & its MICR code is 834026002. Find Union Bank Of India, , Ranchi Main new address, contact details and branch code below
Also explore and search bank details, IFSC code and MICR code with Homes247 tool for Union Bank Of India IFSC codes
NEFT
National Electronic Funds Transfer
IMPS
Immediate Payment Service
RTGS
Real-Time Gross Settlement
IFSC codes in India are used for these three primary services. IFSC also helps in the Unified Payments Interface or UPI payment system as well.
An example of an IFSC Code will be SBIN0000AABB. Where the first four denote the bank, in this instance, SBI, and the last would be the branch.
How to find out the IFSC code?
One of the simplest ways to find out the IFSC code is by searching online. You can quickly source the branch codes through the reserve bank's official website or the bank's official website. It can also be found on the bank cheques or bank passbooks.
Advantage of IFSC codes?
IFSC code helps identify the right branches and banks, thereby eradicating errors.
What is MICR?
MICR, or Magnetic Ink Character Recognition, is a code that helps in processing the cheques faster by identifying the particular bank branch through Electronic Clearing System or ECR. MICR is printed on the cheques issued by the banks.
What is the structure of the MICR code?
MICR code contains 9 digits where the first three signifies the city, the second three digits indicates the bank (bank code), and the final three indicates the bank branch
What are the major differences between a IFSC code and MICR code?
| IFSC Code | MICR Code |
|---|---|
| The purpose of IFSC code is to help facilitate electronic transfer of funds | MICR code's purpose is to process cheques faster through ECR |
| IFSC codes has 11 alpha numeric characters | MICR has 9 digit code |
| The first 4 characters of IFSC is the Bank's code | The bank is signified by the 4th, 5th and 6th digits of the code |
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Most Frequently Asked Questions?
Let's Explore the Most Frequently Asked Questions on IFSC & MICR
Indian Financial System Code is the expanded form of the IFSC code.
We can identify the Bank from the first 4 characters of the IFSC code.
An IFSC code contains alphanumeric characters.
An IFSC code contains alphanumeric characters.
The major parts of the IFSC code are the bank code and branch code.
A SWIFT code is used for transferring funds on an International level.
The major electronic payment systems in India are NEFT, RTGS, IMPS, and UPI.
The Reserve Bank of India provides a unique 11-digit IFSC code to the banks.
There is no minimum amount you can transfer under NEFT under retail banking and corporate banking
The maximum amount you can transfer under NEFT under retail banking is INR 5 Lakhs and in corporate banking it is INR 50 lakhs for Vyapaar/trade and INR 500 crores under Vistaar.
INR 2 lakhs is the amount you can transfer under RTGS under retail banking.
The maximum amount you can transfer under RTGS under retail banking is INR 5 Lakhs and in corporate banking it is INR 50 lakhs for Vyapaar/trade and INR 500 crores under Vistaar.
In a vast country like India, there are numerous cities and towns with the same name, some of them even in the same district. Thus to correctly identify the right or the proper branch, IFSC codes can help out easily by dedicating a specific code for each branch.
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Shopping Tips to Change your Fashion Style
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Dainty Little Types of Bird Houses for Your Feathered Friends!
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Adventure sports in India- From sky-high to ocean deep!
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Entrepreneurs in India You should know about!
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Perfect Home Guide For Happy Family
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Naalukettu: Traditional Houses in Kerala
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Different Types of Paints- An Introduction to the Common House Paints
Construction in India: An Overview of Major Raw Materials
7 Different Types of Cement in India
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House Buying in India: 30s vs. 50s – What’s the Difference?
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Picture Perfect Homes: Why Real Estate Photography Matters
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Why 2025 Home buyers Are Flocking to Ready-To-Move Homes
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Tier-2 Cities: The Best Places to Buy Property in India
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All You Need to Know About Cross Border Real Estate Investments
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Your Ultimate Guide to Making a Smart Purchase in 2025
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Furnished Vs Unfurnished Homes: A Complete Guide
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Millennial Home Buying Trends 2025
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Kerala Registration Department - E-Rekha Online Services
Simplifying NOC in Bangalore Real Estate Finding Dream Home
Rules and Regulations for NRI Property Buying in India
Top 8 Plot Investment Destination in Bengaluru
Best ways for Home Buyers to Negotiate with Real Estate Developers
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How to get your home loan approved real easy?
Built up area, Super built up area & Carpet area Explained!
How this Pandemic can be a Doorway to your New Home.
NRI tips to Buy Property in India
A Guide of Different Types of Houses in India
All About Buying Property Online
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Bangalore's Best Flats under 30 Lakhs
Get the Perfect Dream Homes in Old Madras Road!
Find the Home of your Dreams at Whitefield!
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Ultra Luxury Apartments in Bangalore-Next Level Living Spaces
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BDA sites in Bangalore
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Checklist for Buying Property in India
Home in Bangalore - Real Estate Website
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2019 Will be a Homebuyers Year
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Supreme Court Efforts to Protect Customers Interest
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An Overview and a Guide to the Prime Locations in Bangalore
Affordable Housing Schemes
Retirement Homes and Senior Retirement Communities
Understanding Maharashtra 8A Utara on Mahabhulekh
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Why Hoskote Is Taking Over Real Estate Charts: Must-Know Reasons?
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Greater Noida Real Estate: Find Your Perfect Home or Investment
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Why Real Estate Investment in India Outshines Other Options?
The Real Estate Portals Every Indian Homebuyer Should Know About
Top 5 Real Estate Websites in India to Buy, Sell, or Rent
Top 5 Real Estate Platforms in India for Easy Property Buying
Top 5 Property Portals in India You Should Know About
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Builder Floors: The Perfect Blend of Privacy and Space
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KR Puram’s Real Estate Secrets: Why Now is the Time to Invest
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Massive Demand for Bellandur Micro Markets, Bangalore
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Increased Demand for Villas in Bangalore
Marathahalli: A Thriving Hub of Bangalore
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Top 5 Budget-Friendly Neighborhoods in Bangalore 2024
Kalyan Mumbai: Reasons to Invest in Kalyan
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The Luxury Restaurants in Bangalore
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An Overview of Dommasandra- Sarjapur Road
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Guide to rental receipts in India - all the information you require
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Panathur - A Prime Destination
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How to Become a Successful Real Estate Agent in India?
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Housing Trends 2024 You Need to Know
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HUDA Plot Scheme Unveiled: Your Gateway to Exclusive Residential Plots!
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Rishikesh Real Estate -2023
Indore Cleanest City in India - 2023
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Top Metropolitan Cities of India
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10 Major Statutory Approvals & Standards You May Not Know About
7 Best Places to Live and Settle in Delhi
Spectacular Residential Projects in Hyderabad
Top 7 Places to Live & Settle in Mumbai
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Real Estate Industry After the Second Wave
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