City Union Bank IFSC Code refers to a unique 11-characters code which is a combination of alphabets and numbers. This code is specially designed to identify a specific bank's branch while making online fund transfers. The code work with all types of payment modes like, NEFT and RTGS.
City Union Bank IFSC Code Format
The IFSC Code of City Union Bank's Lajpat Nagar (New Delhi) branch is CIUB0000356.
|City Union Bank Code||Zero||City Union Bank Branch's Code|
- In City Union Bank IFSC Code, the first 4 characters (CIUB) stands for the ‘Bank Name’
- The fifth character is ‘0’ which is the same for all banks
- The last 6 characters (0000356) stands for the City Union Bank ‘Branch Code’, in this case, the code belongs to bank's Lajpat Nagar branch
How does City Union Bank IFSC Code work?
In order to transfer funds to a City Union Bank's payee, remitter has to provide details including the name of the payee, account number, IFSC code of City Union Bank's receiving branch, and the payment amount.
Once the remitter provides all these details, the online transfer will be initiated and the IFSC code will be significant in identifying the beneficiary's bank's branch.
How to search for the City Union Bank IFSC Code & MICR Code?
Bank account holders can search for City Union Bank's IFSC Code and MICR Code using the following modes:
1. To search for the IFSC code, customers can use Paisabazaar’s IFSC Code Locator Tool
- The IFSC finder tool is available at the top of this page
- Enter the important details such as state and city names
- Now, select the City Union Bank's branch to check its IFSC Code
Moreover, IFSC and MICR codes for any branch can be found on the below-mentioned platforms:
2. Account holders of City Union Bank can check IFSC Code on their bank cheque as shown in the picture below:
City Union Bank IFSC code is mentioned at the top of the cheque. Account holder can check Cheque number and City Union Bank MICR Code at the bottom of every cheque.
Magnetic Ink Character Recognition (MICR) Code refers to a unique code having 9 digits, which helps in faster processing of cheques. City Union Bank's MICR Code can be seen at the bottom of the account holder’s cheque (as shown in the image above).
3. The IFSC Code can also be found on City Union Bank's passbook.
4. To check this financial system code, the bank customers can also visit the website of the Reserve Bank of India.
5. Account holders can also know their IFSC code by using City Union Bank's mobile application or through internet banking after login using the credentials.
How to make Fund Transfer using City Union Bank IFSC Code?
Customers can transfer funds via below-mentioned modes:
City Union Bank customers can easily carry out the online transactions using National Electronic Funds Transfer (NEFT) for which IFSC code is mandatory. However, in the case of incorrect IFSC, the fund is not transferred to the beneficiary’s account.
City Union Bank customers can use ‘Real-Time Gross Settlement (RTGS)’ to transfer the money in real-time. In order to carry out fund transfer, the sender is required to provide important details such as the name of the payee, account number, IFSC code of the beneficiary’s bank branch, and the amount.
Immediate Payment Services (IMPS), an instant payment inter-bank electronic funds transfer system in India. In order to send money, the sender needs to provide beneficiary’s account no, account type, IFSC Code of City Union Bank or any other bank and beneficiary’s name.
About City Union Bank
City Union Bank was established in 1904 as ‘’The Kumbakonam Bank Limited’’ and after various other additions it was renamed as ‘’City Union Bank Limited’. The bank provides various financial and banking services such as deposit accounts, loans, investments, fixed deposit schemes, debit cards, credit cards, etc.