Union Bank of India Indore Development Authority Indore Branch IFSC Code: UBIN0552071
Branch Code: 552071 | INDORE, INDORE, MADHYA PRADESH
The official Indian Financial System Code (IFSC) for Union Bank of India, Indore Development Authority Indore branch in INDORE, MADHYA PRADESH is UBIN0552071. The MICR code for cheque clearance is 452026009.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Union Bank of India
- Branch Name
- INDORE DEVELOPMENT AUTHORITY - INDORE
- MICR Code
- City / District
- INDORE (INDORE)
- State
- MADHYA PRADESH
- Postal Pincode
- N/A
INDORE DEVELOPMENT AUTHORITY BUILDING7, RACE COURSE ROAD,INDORE - 452 003, MADHYA PRADESH
How to Read IFSC Code: UBIN0552071
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify Union Bank of India.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: Union Bank of India (UBIN0552071)
Which bank does IFSC Code UBIN0552071 belong to?
IFSC Code UBIN0552071 belongs to Union Bank of India for its INDORE DEVELOPMENT AUTHORITY - INDORE branch, located in INDORE, MADHYA PRADESH. The 4-letter prefix 'UBIN' represents Union Bank of India.
What is the IFSC Code for Union Bank of India INDORE DEVELOPMENT AUTHORITY - INDORE branch?
The IFSC Code for Union Bank of India INDORE DEVELOPMENT AUTHORITY - INDORE branch in INDORE, MADHYA PRADESH is UBIN0552071. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Union Bank of India INDORE DEVELOPMENT AUTHORITY - INDORE branch?
The branch is located at: INDORE DEVELOPMENT AUTHORITY BUILDING7, RACE COURSE ROAD,INDORE - 452 003, MADHYA PRADESH, INDORE, MADHYA PRADESH.
What is the MICR Code for Union Bank of India INDORE DEVELOPMENT AUTHORITY - INDORE?
The MICR Code for electronic cheque clearing at Union Bank of India INDORE DEVELOPMENT AUTHORITY - INDORE is 452026009.
How to decipher the IFSC code UBIN0552071?
The first 4 characters 'UBIN' represent Union Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '552071' represent the specific INDORE DEVELOPMENT AUTHORITY - INDORE branch code.
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