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 Rajpura Meerut Branch IFSC/MICR Code Details
Bank Name UNION BANK OF INDIA
Address AT & POST RAJPURA, MAWANA ROAD,DIST. MEERUT, UTTAR PRADESH,PIN - 250 001.
State UTTAR PRADESH
District MEERUT
Branch RAJPURA
IFSC Code UBIN0545414
Branch Code 545414 (Last six characters of IFSC code represent Branch code.)
MICR Code 250026006
Contact Phone 2620514
via https://bankingzone.in/ifsc

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