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 Pune City Pune Branch IFSC/MICR Code Details
Bank Name UNION BANK OF INDIA
Address POPATLAL SHAH SMARAK TRUST BUILDING,189, RAVIWAR PETH, POST BOX NO. 518,PUNE, PIN - 411 002.
State MAHARASHTRA
District PUNE
Branch PUNE CITY
IFSC Code UBIN0532185
Branch Code 532185 (Last six characters of IFSC code represent Branch code.)
MICR Code 411026002
Contact Phone 0
via https://bankingzone.in/ifsc

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