What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Union Bank Of India Pandri - Raipur Raipur Branch IFSC/MICR Code Details
Bank Name UNION BANK OF INDIA
Address BHATIYA BHAVAN, VIDHAN SABHA MARG,PANDRI, DIST. RAIPUR,PIN - 492 001 CHHATTISGARH
State CHANDIGARH
District RAIPUR
Branch PANDRI - RAIPUR
IFSC Code UBIN0555754
Branch Code 555754 (Last six characters of IFSC code represent Branch code.)
MICR Code 492026008
Contact Phone 2582387
via https://bankingzone.in/ifsc

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