The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of City Union Bank Limited for its Bistupur Jamshedpur branch in Purbi Singhbhum, Jharkhand, Jharkhand, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of City Union Bank Limited located in Purbi Singhbhum or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code CIUB0000716. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for City Union Bank Limited, Bistupur Jamshedpur, Purbi Singhbhum
Here are the main details that are associated with the IFSC Code CIUB0000716 of City Union Bank Limited for its branch located in Purbi Singhbhum, within the district of Jharkhand in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | City Union Bank Limited |
| IFSC Code | CIUB0000716 |
| Branch | Bistupur Jamshedpur |
| City | Purbi Singhbhum |
| District | Jharkhand |
| State | Jharkhand |
| Address | Tee Kay Corporate Towers,Sb Shop Area Main Road,Bistupur Jamshedpur,Purbi Singhbhum Dt,Jharkhand.Pin Code 831001 |
These details helps users in online banking and for businesses and individuals who use City Union Bank Limited in Purbi Singhbhum for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CIUB0000716 for the Bistupur Jamshedpur branch of City Union Bank Limited plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like CIUB0000716 is given to every bank branch, including City Union Bank Limited located in Bistupur Jamshedpur, Purbi Singhbhum, Jharkhand, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the City Union Bank Limited branch in Purbi Singhbhum.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Purbi Singhbhum and Jharkhand.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for City Union Bank Limited in Bistupur Jamshedpur doesn't end up at another location.
Format of the IFSC Code CIUB0000716
The format of the IFSC Code for banks, including City Union Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For City Union Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bistupur Jamshedpur in Purbi Singhbhum.
For example, the IFSC Code CIUB0000716 of City Union Bank Limited for the Bistupur Jamshedpur branch includes these elements, identifying the bank and the branch location in Purbi Singhbhum and Jharkhand accurately.
How to Find IFSC Code for City Union Bank Limited?
If you are trying to find the IFSC Code CIUB0000716 of City Union Bank Limited for its Bistupur Jamshedpur branch located in Purbi Singhbhum, the following methods can help:
Cheque Book
The cheque book issued by City Union Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including City Union Bank Limited branches in Purbi Singhbhum and Jharkhand, print them on the first page of your passbook.
Bank Website
Visit the official website of City Union Bank Limited and navigate to the branch locator section. Search for Bistupur Jamshedpur or Purbi Singhbhum to get the exact IFSC Code CIUB0000716.
Mobile Banking App
If you use City Union Bank Limited's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for City Union Bank Limited and Purbi Singhbhum, you'll get the correct details.
How to Use IFSC Code CIUB0000716 for Online Transfers?
If you have the IFSC Code CIUB0000716 for the Bistupur Jamshedpur branch of City Union Bank Limited in Purbi Singhbhum, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CIUB0000716. Transfers are processed in batches. 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. Asks for the recipient's account details and City Union Bank Limited IFSC Code CIUB0000716.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for City Union Bank Limited Bistupur Jamshedpur in Purbi Singhbhum, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of City Union Bank Limited in Bistupur Jamshedpur, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official City Union Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Purbi Singhbhum to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CIUB0000716.
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 Tee Kay Corporate Towers,Sb Shop Area Main Road,Bistupur Jamshedpur,Purbi Singhbhum Dt,Jharkhand.Pin Code 831001 located in Purbi Singhbhum, Jharkhand, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.