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Union Bank of India · Raisen

UBIN0570940: Union Bank of India, Mandideep

IFSC code UBIN0570940 belongs to the Mandideep branch of Union Bank of India in Raisen, Madhya Pradesh. Its MICR code is 462026019.

IFSC
UBIN0570940
MICR
462026019
Bank
Union Bank of India
Branch
Mandideep
District
Raisen
State
Madhya Pradesh

Branch address

Union Bank of India
B202 Indra Nagar Mandideep Raisen Mandideep Madhya Pradesh Pincode 462046

Open in a map · Pincode 462046: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

UBIN is Union Bank of India's bank code, the fifth character 0 is kept for future use, and 570940 is the code of the Mandideep branch. In the MICR code 462026019, 462 is the city, 026 the bank and 019 the branch.

Other Union Bank of India branches in Raisen

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Union Bank of India's Mandideep branch (Raisen, Madhya Pradesh) is UBIN0570940.

  2. 462026019. MICR is printed at the bottom of the branch's cheques.

  3. B202 Indra Nagar Mandideep Raisen Mandideep Madhya Pradesh Pincode 462046

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC UBIN0570940 with the beneficiary's account number.

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