Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of City Union Bank Limited for its Veraval branch in Rajkot, Gujarat, Gujarat, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of City Union Bank Limited located in Rajkot or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code CIUB0000730. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for City Union Bank Limited, Veraval, Rajkot
Below in the table are the key details related to IFSC Code CIUB0000730 of City Union Bank Limited for its branch located in Rajkot, within the district of Gujarat in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | City Union Bank Limited |
| IFSC Code | CIUB0000730 |
| Branch | Veraval |
| City | Rajkot |
| District | Gujarat |
| State | Gujarat |
| Address | Plot No.1,Survey No.160/2,Sidc Main Road,Veraval-(Shapar),Rajkot Dt,Gujarat 360024 |
These details are important not only for users using online banking but also for businesses and individuals who use City Union Bank Limited in Rajkot for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CIUB0000730 for the Veraval branch of City Union Bank Limited is vital.
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, including City Union Bank Limited located in Veraval, Rajkot, Gujarat, is provided with a unique IFSC like CIUB0000730 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the City Union Bank Limited branch in Rajkot.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Rajkot and Gujarat.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Gujarat and the rest of India and the IFSC Code ensures that transactions meant for City Union Bank Limited in Veraval do not get mixed with another location.
Format of the IFSC Code CIUB0000730
The format of the IFSC Code for banks, including City Union Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In City Union Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Veraval in Rajkot.
For example, the IFSC Code CIUB0000730 of City Union Bank Limited for the Veraval branch has these elements, identifying the bank and the branch location in Rajkot and Gujarat correctly.
How to Find IFSC Code for City Union Bank Limited?
If you are trying to find the IFSC Code CIUB0000730 of City Union Bank Limited for its Veraval branch located in Rajkot, 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 Rajkot and Gujarat, 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 Veraval or Rajkot to get the exact IFSC Code CIUB0000730.
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 Rajkot, you'll get the correct details.
How to Use IFSC Code CIUB0000730 for Online Transfers?
Once you have the IFSC Code CIUB0000730 for the Veraval branch of City Union Bank Limited in Rajkot, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CIUB0000730. 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 CIUB0000730.
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 Veraval in Rajkot 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 Veraval, 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 Rajkot to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CIUB0000730.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Plot No.1,Survey No.160/2,Sidc Main Road,Veraval-(Shapar),Rajkot Dt,Gujarat 360024 located in Rajkot, Gujarat, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.