For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of City Union Bank Limited for its Nagpur Gokulpeth branch in Nagpur, Nagpur, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of City Union Bank Limited located in Nagpur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CIUB0000764. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for City Union Bank Limited, Nagpur Gokulpeth, Nagpur
Here are the main details that are associated with the IFSC Code CIUB0000764 of City Union Bank Limited for its branch located in Nagpur, within the district of Nagpur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | City Union Bank Limited |
| IFSC Code | CIUB0000764 |
| Branch | Nagpur Gokulpeth |
| City | Nagpur |
| District | Nagpur |
| State | Maharashtra |
| Address | Plot No. 197, Shop No. 1 And 2, Opposite Kumar Bakery,Indian Coffee House,Gokulpeth,Nagpur |
These details help users in online banking and for businesses and individuals who use City Union Bank Limited in Nagpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CIUB0000764 for the Nagpur Gokulpeth branch of City Union Bank Limited has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with City Union Bank Limited located in Nagpur Gokulpeth, Nagpur, Maharashtra, are allotted a unique IFSC like CIUB0000764 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Nagpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Nagpur and Nagpur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to City Union Bank Limited in Nagpur Gokulpeth reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code CIUB0000764
This is the format of the IFSC Code for banks, including City Union Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For City Union Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Nagpur Gokulpeth in Nagpur.
For example, the IFSC Code CIUB0000764 of City Union Bank Limited for the Nagpur Gokulpeth branch includes these elements, identifying the bank and the branch location in Nagpur and Maharashtra accurately.
How to Find IFSC Code for City Union Bank Limited?
If you are trying to find the IFSC Code CIUB0000764 of City Union Bank Limited for its Nagpur Gokulpeth branch located in Nagpur, the following methods can help:
Cheque Book
The cheque books that are issued by City Union Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including City Union Bank Limited branches in Nagpur and Nagpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of City Union Bank Limited and find the branch locator section. Search for Nagpur Gokulpeth or Nagpur to get the exact IFSC Code CIUB0000764.
Mobile Banking App
If you use City Union Bank Limited's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for City Union Bank Limited and Nagpur that will provide accurate information.
How to Use IFSC Code CIUB0000764 for Online Transfers?
Once you have the IFSC Code CIUB0000764 for the Nagpur Gokulpeth branch of City Union Bank Limited in Nagpur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CIUB0000764. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and City Union Bank Limited IFSC Code CIUB0000764.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for City Union Bank Limited Nagpur Gokulpeth in Nagpur may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of City Union Bank Limited in Nagpur Gokulpeth, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official City Union Bank Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Nagpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CIUB0000764.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Plot No. 197, Shop No. 1 And 2, Opposite Kumar Bakery,Indian Coffee House,Gokulpeth,Nagpur located in Nagpur, Nagpur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.